Seaport Museum New York in Red Hook, New York (NY)

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Seaport Museum New York
Employer Identification Number (EIN)132596500
Name of OrganizationSeaport Museum New York
In Care of NameAcadia Hr
Address2 Spencer Dr, Red Hook, NY 12571-2378
ActivitiesMuseum, zoo, planetarium, etc.
SubsectionEducational Organization
Ruling Date03/1989
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$10,000,000 to $49,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$20,519,593
Amount of Income$2,543,579
Form 990 Revenue Amount$2,489,950
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Museum, Museum Activities


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Amount of income in 2013: $2,543,579
Seaport Museum New York: 

 $2,543,579
Other organizations performing similar types of work: 

 $433,282

Assets in 2013: $20,519,593
This organization: 

 $20,519,593
Other organizations performing similar types of work: 

 $1,224,023

Expenses in 2013: $3,655,165
This organization: 

 $3,655,165
Other organizations performing similar types of work: 

 $338,913

Income to expenses ratio in 2013: 0.7
This organization: 

 0.7
Other organizations performing similar types of work: 

 1.5

Expenses allocated to program services in 2002: 66.7%
Seaport Museum New York: 

 66.7%
Other organizations performing similar types of work: 

 70.3%

Number of employees in 2013: 81
This organization: 

 81
Other organizations performing similar types of work: 

 9

Employees paid over $100,000 in 2013: 1.2%
This organization: 

 1.2%
Other organizations performing similar types of work: 

 0.0%

Grants share in income in 2013: 36.8%
Seaport Museum New York: 

 36.8%
Other organizations performing similar types of work: 

 70.6%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Support schedule

Checklist
20122013
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?YesYes
Is the organization required to complete Schedule B, Schedule of Contributors?YesYes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?YesYes
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?YesYes
Did the organization report an amount for land, buildings, and equipment?YesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?NoNo
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?NoNo
Did the organization report an amount for other liabilities?YesYes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?YesYes
Did the organization obtain separate, independent audited financial statements for the tax year?NoNo
Was the organization included in consolidated, independent audited financial statements for the tax year?NoYes
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?YesYes
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?NoNo
Did the organization attach a copy of its audited financial statements?NoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?NoNo
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?YesNo
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNo
A family member of a current or former officer, director, trustee, or key employee?NoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNo
Did the organization receive more than $25,000 in non-cash contributions?NoNo
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNo
Was the organization related to any tax-exempt or taxable entity?YesYes
Did the organization have a controlled entity within the meaning of section 512(b)(13)?YesYes
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
2010201120122013
The number reported in Box 3 of Form 1096345036
The number of Forms W-2G000
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?NoNoNo
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return8610981
Did the organization file all required federal employment tax returns?YesYesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?NoNoNoNo
Has it filed a Form 990-T for this year?NoNoNo
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNoNo
Did the organization file Form 8886-T?NoNoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?NoYesNo
Did the organization notify the donor of the value of the goods or services provided?NoYesNo
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNoNo
Initiation fees and capital contributions$0$0$0$0
Gross receipts for public use of club facilities $0$0$0$0
Gross income from members or shareholders$0$0$0$0
Gross income from other sources$0$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNoNo
The amount of tax-exempt interest received or accrued during the year$0$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0$0
The amount of reserves on hand$0$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNoNo
Has it filed a Form 720 to report these payments?NoNoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
20122013
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$44,731$105,763
Total reportable compensation from related organizations$0$0
Total estimated amount of other compensation from the organization and related organizations$8,848$12,444
Total number of individuals who received more than $100,000 of reportable compensation from the organization01
Total number of independent contractors who received more than $100,000 of compensation from the organization00
Statement of Revenue
2010201120122013
Total revenue$2,898,551$8,488,469$5,010,882$2,489,950
Contributions, Gifts, Grants and Other Similar Amounts$1,758,088$1,316,873$3,459,430$916,676
Program Service Revenue$598,060$128,638$648,743$366,701
All Other Amusement and Recreation Industries $58,445$360,866$208,385
All Other Amusement and Recreation Industries $39,116$150,942$113,172
All Other Amusement and Recreation Industries $31,077$136,935$45,144
All other program service revenue$0$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$26,787$26,892$22,590$26,916
Income from investment of tax-exempt bond proceeds$0$0$0$0
Royalties$0$0$0$0
Net rental income$382,393$495,619$791,347$566,699
Gross rents (Real / Personal)$411,372 / $0$593,119 / $0$791,347 / $0$566,699 / $0
Less: rental expenses (Real / Personal)$28,979 / $0$97,500 / $0$0 / $0$0 / $0
Rental income or (loss) (Real / Personal)$382,393 / $0$495,619 / $0$791,347 / $0$566,699 / $0
Net gain/loss from sales of assets other than inventory$3,540$6,317,489$-2,821$7,278
Gross amount from sales of assets other than inventory (Securities / Other)$21,888 / $0$29,866 / $7,000,000$51,952 / $0$22,953 / $0
Less: cost or other basis and sales expenses (Securities / Other)$18,348 / $0$22,586 / $689,791$54,773 / $0$15,675 / $0
Gain or (loss) (Securities / Other)$3,540 / $0$7,280 / $6,310,209$-2,821 / $0$7,278 / $0
Net income/loss from fundraising events$-65,036$-2,140$-7,656$-22,910
Gross income from fundraising events$63,325$2,990$137,432$4,060
Less: direct expenses$128,361$5,130$145,088$26,970
Net income/loss from gaming activities$0$0$0$0
Net income/loss from sales of inventory$173,249$86,512$90,304$193,011
Gross sales of inventory, less returns and allowances$271,279$88,819$186,346$203,995
Less: cost of goods sold$98,030$2,307$96,042$10,984
Miscellaneous Revenue$21,470$118,586$8,945$435,579
900099$117,119$0$435,579
All other revenue$1,467$8,945$0
Statement of Functional Expenses
2010201120122013
Total functional expenses$5,896,441$3,377,066$4,540,212$3,655,165
Grants and other assistance to domestic organizations and domestic governments$0$0$0
Grants and other assistance to domestic individuals$0$0$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0$0
Benefits paid to or for members$0$0$0
Compensation of current officers, directors, trustees, and key employees$206,955$307,613$0$118,207
Compensation not included above, to disqualified persons$0$0$0
Other salaries and wages$1,757,051$840,234$863,294$1,009,905
Pension plan accruals and contributions$71,562$0$41,855
Other employee benefits$206,291$0$103,938
Payroll taxes$149,947$85,467$0$152,128
Fees for services (non-employees)
Management$0$0$0
Legal$119,725$0$12,572
Accounting$31,000$0$75,000
Lobbying$0$0$0
Professional fundraising services$37,500$0$0$0
Investment management fees$0$0$0
Other$172,258$1,310,254$345,571
Advertising and promotion$3,235$0$0
Office expenses$340,129$846,656$661,964
Information technology$0$0$0
Royalties$0$0$0
Occupancy$181,585$501,316$185,152
Travel$0$0$6,349
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0$0
Conferences, conventions, and meetings$0$0$0
Interest$40,708$56,327$1,779
Payments to affiliates$0$0$0
Depreciation, depletion, and amortization$659,513$658,046$649,744
Insurance$272,390$260,296$285,778
Other expenses$45,356$44,023$5,223
Balance Sheet
2010201120122013
Total assets$31,749,802$21,402,732$21,682,868$20,519,593
Cash - non-interest-bearing$3,741$4,223$3,075
Savings and temporary cash investments$929,125$1,742,966$1,556,007
Pledges and grants receivable, net$483,103$595,575$241,812
Accounts receivable, net$30,784$149,940$8,696
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0$0
Notes and loans receivable, net$0$0$0
Inventories for sale or use$11,557$10,987$56,500
Prepaid expenses and deferred charges$23,899$28,486$54,911
Land, buildings, and equipment: cost or other basis$18,841,122$17,932,191$17,282,477
Investments - publicly traded securities$1,079,401$1,101,598$1,199,014
Investments - other securities$0$0$0
Investments - program-related$0$0$0
Intangible assets$0$116,902$116,901
Other assets$0$0$200
Total liabilities$6,005,041$1,141,871$399,571$340,506
Accounts payable and accrued expenses$260,891$68,606$42,535
Grants payable$0$0$0
Deferred revenue$0$0$0
Tax-exempt bond liabilities$0$0$0$0
Escrow or custodial account liability$0$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$831,690$0$0
Secured mortgages and notes payable to unrelated third parties$175,000$0$0$0
Unsecured notes and loans payable to unrelated third parties$0$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$49,290$330,965$297,971
Total net assets or fund balances$25,744,761$20,260,861$21,283,297$20,179,087
Unrestricted net assets$18,497,743$19,174,875$18,880,944
Temporarily restricted net assets$481,555$810,279$0
Permanently restricted net assets$1,281,563$1,298,143$1,298,143
Capital stock or trust principal, or current funds$0$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0$0
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$9,494,958
Subtotal Support$11,718,259
Gifts, grants, contributions, and membership fees received$11,718,259
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$2,223,301
Total Support$15,486,649
Public Support$11,718,259
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$3,168,656
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$599,734
Gross receipts from related activities, etc.$3,016,418
Revenue, Expenses, and Changes in Net Assets or Fund Balances
2002
Total revenue$14,430,207
Contributions, gifts, grants, and similar amounts received$12,355,211
Contributions to donor advised funds
Direct public support$3,941,101
Indirect public support$0
Government contributions (grants)$8,414,110
Program service revenue including government fees and contracts$1,531,844
Membership dues and assessments$146,194
Interest on savings and temporary cash investments$6,201
Dividends and interest from securities$22,083
Net rental income or (loss)$464,463
Gross rents$577,222
Less: rental expenses$112,759
Other investment income$0
Gain or (loss) from sales of assets other than inventory$-8,004
Gross amount from sales of assets other than inventory$701,516
Less: cost or other basis and sales expenses$709,520
Net income or (loss) from special events and activities$-129,689
Gross revenue$49,000
Less: direct expenses other than fundraising expenses$178,689
Gross profit or (loss) from sales of inventory$0
Gross sales of inventory, less returns and allowances$0
Less: cost of goods sold$0
Other revenue$41,904
Total expenses$6,873,988
Program services$4,585,546
Management and general$1,796,794
Fundraising$491,648
Payments to affiliates$0
Net assets or fund balances at end of year$28,643,084
Excess or (deficit) for the year$7,556,219
Net assets or fund balances at beginning of year$21,117,545
Other changes in net assets or fund balances$-30,680
Statement of Functional Expenses (for 2002)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$6,873,988$4,585,546$1,796,794$491,648
Grants paid from donor advised funds
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$200,000$0$200,000$0
Compensation of former officers, directors, key employees, etc.
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Salaries and wages of employees not included above$2,656,700$2,045,109$334,747$276,844
Pension plan contributions not included above$87,873$43,117$36,992$7,764
Employee benefits not included above$473,429$308,616$109,498$55,315
Payroll taxes$250,792$180,975$47,197$22,620
Professional fundraising fees$0$0$0$0
Accounting fees$0$0$0$0
Legal fees$0$0$0$0
Supplies$209,219$181,604$25,924$1,691
Telephone$46,298$4,599$40,953$746
Postage and shipping$22,579$5,387$2,141$15,051
Occupancy$447,715$359,438$81,966$6,311
Equipment rental and maintenance$0$0$0$0
Printing and publications$142,052$110,373$9,164$22,515
Travel$57,744$34,214$17,341$6,189
Conferences, conventions, and meetings$0$0$0$0
Interest$209,866$105,047$104,819$0
Depreciation, depletion, etc.$175,415$166,316$9,099$0
Other expenses not covered above$1,894,306$1,040,751$776,953$76,602
Balance Sheets
2002
Total assets$33,992,786
Cash - non-interest-bearing$121,945
Savings and temporary cash investments$546,827
Accounts receivable less allowance for doubtful accounts$96,667
Pledges receivable less allowance for doubtful accounts$4,209,009
Grants receivable$0
Receivables from current and former officers, directors, trustees, and key employees$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Other notes and loans receivable less allowance for doubtful accounts$0
Inventories for sale or use$0
Prepaid expenses and deferred charges$11,902
Investments - publicly-traded securities
Investments - other securities$720,576
Investments - land, buildings, and equipment less accumulated depreciation$0
Investments - other$0
Land, buildings, and equipment less accumulated depreciation$28,176,650
Other assets, including program-related investments$109,210
Total liabilities$5,349,702
Accounts payable and accrued expenses$1,851,880
Grants payable$0
Deferred revenue$0
Loans from officers, directors, trustees, and key employees$0
Tax-exempt bond liabilities$0
Mortgages and other notes payable$3,492,049
Other liabilities$5,773
Total liabilities and net assets/fund balances$33,992,786
Total net assets or fund balances$28,643,084
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
2002
Total revenue$14,430,207
Total revenue, gains, and other support per audited financial statements$14,512,257
Other expenses$112,759
Net unrealized gains on investments$0
Donated services and use of facilities$0
Recoveries of prior year grants$0
Other$112,759
Other revenue$30,709
Investment expenses$0
Other$30,709
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
2002
Total expenses$6,873,988
Total expenses and losses per audited financial statements$6,987,436
Other revenue$113,448
Donated services and use of facilities$0
Prior year adjustments$0
Losses$0
Other$113,448
Other expenses$0
Investment expenses$0
Other$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings0
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?
Does the organization have a written conflict of interest policy?
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?
Did the organization acquire a direct or indirect interest in any applicable insurance contract?
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?
Number of employees employed in the pay period that includes March 12, 200692
Analysis of Income-Producing Activities (for 2002)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$526,648$1,678,037
Program service revenue
Program service revenue 1000000$000$0$502,021
Program service revenue 2000000$000$0$654,590
Program service revenue 3000000$000$0$79,324
Program service revenue 4000000$000$0$295,908
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$146,194
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$6,201$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$22,083$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$0Real property rental income that does not depend on the income or profits derived by the person leasing the property and is excluded by section 512(b)(3)$464,463$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$-8,003$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$0Income from the sale of merchandise, substantially all of which (at least 85%) was donated to the organization (section 513(a)(3))$41,904$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2002)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
999999999100%$-689$200
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2002)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$165,375$7,720$0
$109,242$5,100$0
$101,169$4,723$0
$77,250$3,606$0
$60,000$2,807$0
Total number of other employees paid over $50,0002
Statements About Activities (for 2002)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization maintain any donor advised funds?
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
The total number of donor advised funds owned at the end of the tax year
The aggregate value of assets held in all donor advised funds owned at the end of the tax year
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts
The aggregate value of assets held in all funds or accounts included above at the end of the tax year
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that receives a substantial part of its support from a governmental unit or from the general public
Support Schedule
2001
Total$8,178,711
Gifts, grants, and contributions received$5,175,594
Membership fees received$147,814
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$1,765,587
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$737,187
Net income from unrelated business activities not included above$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0
Other income$352,529
Lobbying Expenditures by Electing Public Charities (for 2002)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Intrepid Museum Foundation IncWest 46th Street 12th Ave, New York, NY 10036NY1979-09$50,675,347
2Jewish Museum1109 5th Ave, New York, NY 10128-0118NY1958-06$48,922,860
3The Paley Center For Media25 West 52nd St, New York, NY 10019-6104NY1975-06$16,567,876
4George Eastman House900 East Ave, Rochester, NY 14607-2219NY1949-08$7,800,376
5American Folk Art Museum1865 Broadway Fl 11, New York, NY 10023-7503NY1964-07$3,937,328
6Smith Museum Of Stained Glass Windows And American Art20 N Wacker Drive, Chicago, IL 60606-2806IL1994-05$838,665
7Studio Museum In Harlem Inc144 W 125th Street, New York, NY 10027-4423NY1967-11$11,364,824
8Vanderbilt Museum Suffolk County Commission180 Little Neck Rd, Centerport, NY 11721-1145NY1963-03$3,401,225
9Staten Island Institute Of Arts And Sciences75 Stuyvesant Pl, Staten Island, NY 10301-1912NY1940-06$3,136,665
10Whaling Museum Society Inc279 Main St, Cold Spg Hbr, NY 11724-1438NY1947-10$2,101,040
11Schenectady Museum Association15 Nott Terrace Hts, Schenectady, NY 12308-3143NY1956-01$1,859,514
12The Museum For African Art1280 5th Ave Apt 7h, New York, NY 10029-7806NY1982-12$1,651,118
13Shaker Museum And Library88 Shaker Museum Rd, Old Chatham, NY 12136-2601NY1953-04$1,300,103
14Tee & Charles Addams Foundation, Miserocchi Henry Kevin TteePO BOX 424, Sagaponack, NY 11962-0424NY2000-01$812,228
15Skyscraper Museum39 Battery Pl, New York, NY 10280-1501NY1996-08$714,965
16American Museum Of Natural History Planetarium AuthorityCentral Park West At 79th Street, New York, NY 10024NY1936-07$133,447
17Toy Town MuseumPO BOX 238, East Aurora, NY 14052-0238NY1997-08$6,581
18New York Sports Museum And Hall Of Fame40 Park Ave Apt 16f, New York, NY 10016-3460NY1994-03$0
19Seneca Iroquois National Museum ThePO BOX 442, Salamanca, NY 14779-0442NY1979-06$0
20The Schomburg Collection Of Black History Literature And Art Inc515 Lenox Avenue, New York, NY 10037NY1971-10$0
Number of organizations performing similar types of work
Alaska2
Alabama2
Arkansas6
Arizona11
California72
Colorado12
Connecticut16
District of Columbia3
Delaware3
Florida25
Georgia11
Hawaii10
Iowa15
Idaho4
Illinois33
Indiana16
Kansas18
Kentucky9
Louisiana6
Massachusetts17
Maryland13
Maine13
Michigan18
Minnesota7
Missouri14
Mississippi3
Montana3
North Carolina12
North Dakota3
Nebraska2
New Hampshire8
New Jersey14
New Mexico10
Nevada2
New York48
Ohio33
Oklahoma14
Oregon7
Pennsylvania20
Rhode Island2
South Carolina5
South Dakota7
Tennessee13
Texas39
Utah2
Virginia13
Vermont5
Washington13
Wisconsin12
West Virginia2
Wyoming2
International1
Total651

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