2024-11-11T11:41:27-08:00 2023-12-31 743216978 Nawrocki Smith LLP 100 Motor Parkway Suite 580 Hauppauge NY 11788 990 2023-01-01 111782495 THE PARRISH ART MUSEUM INC PARR 6312832118 279 MONTAUK HIGHWAY WATER MILL NY 11976 Monica Ramirez-Montagut Executive Director 2024-11-11 true true Christopher Angotta P02394428 6317569500 2023 2024-10-15 13:58:12Z Monica Ramirez-Montagut 5526351 false X WWW.PARRISHART.ORG X 1897 NY THE MUSEUM ENCOURAGES AN APPRECIATION OF MODERN AND CONTEMPORARY ART THROUGH EXHIBITIONS, EDUCATION, AND PUBLIC PROGRAMS FOR DIVERSE AUDIENCES. 24 24 54 49 0 3320681 3478299 1004491 1051892 139710 160484 59608 24642 4524490 4715317 0 0 2732763 2998527 0 862315 3472297 3150598 6205060 6149125 -1680570 -1433808 39345463 38364946 1869065 1944866 37476398 36420080 THE MUSEUM ENCOURAGES AN APPRECIATION OF MODERN AND CONTEMPORARY ART THROUGH EXHIBITIONS, EDUCATION, AND PUBLIC PROGRAMS FOR DIVERSE AUDIENCES. false false 4545146 THE PARRISH ART MUSEUM, INC., IS LOCATED IN WATER MILL, NEW YORK AND ACCREDITED BY THE AMERICAN ALLIANCE OF MUSEUMS. THE MUSEUM WAS FOUNDED IN 1897 BY SAMUEL LONGSTRETH PARRISH AND WAS CHARTERED BY THE UNIVERSITY OF THE STATE OF NEW YORK EDUCATION DEPARTMENT IN 1954. THE MUSEUM OPENED ITS NEW BUILDING DESIGNED BY SWISS ARCHITECTS HERZOG AND DE MEURON TO INTERNATIONAL ACCLAIM IN NOVEMBER 2012 ALLOWING IT TO EXHIBIT ITS PERMANENT ART COLLECTION SIDE-BY-SIDE WITH CHANGING EXHIBITIONS THROUGHOUT 12,000 SQUARE FEET OF GALLERY SPACE. THE PARRISH PRESENTS MULTIPLE TEMPORARY EXHIBITIONS EACH YEAR, INCLUDING NEW INSTALLATIONS DRAWN FROM OUR WORLD-CLASS COLLECTION OF MORE THAN 3,500 WORKS, SPECIAL EXHIBITIONS THAT RECONSIDER THE WORK OF A SINGLE ARTIST, AND GROUP EXHIBITIONS THAT EXPLORE COMPELLING THEMES. THE PARRISH PRODUCES OVER 100 PUBLIC PROGRAMSFILM, MUSIC, AND TALKSAND OFFERS A YEAR-ROUND SCHEDULE OF INSPIRING CLASSES AND WORKSHOPS. 4545146 true true false false false false false true false true true false false false true true true false false false false false false false true false false false false true false false false false false false false false true true false false false false false false false true 46 0 true 54 true false false false false false true true false 0 false false false false false false false X 24 24 false false false false false false false true true false false true true true true true true true true false X X Alexandra N Robertson 6312832118 279 MONTAUK HIGHWAY WATER MILL NY 11976 X Monica Ramirez-Montagut Executive Director 40.00 0.00 330000 0 9232 Marc Giosi Deputy Director of Development 35.00 0.00 159231 0 9222 Corinne Erni Chief Curator of A 35.00 0.00 131827 0 8981 Nina Madison Development Offic. 35.00 0.00 122000 0 9016 Martha Stotzky Deputy Director 35.00 0.00 116731 0 8937 Melanie Crader Former Deputy Director 35.00 0.00 108858 0 2991 Alexandra Robertson Dir. of Finance 35.00 0.00 93462 0 6192 Frederic M Seegal Co-Chair 4.00 0.00 X X 0 0 0 Alexandra Stanton Co-Chair 4.00 0.00 X X 0 0 0 Sean Cohan Co-President 2.00 0.00 X X 0 0 0 Timothy G Davis Co-President 2.00 0.00 X X 0 0 0 Sandy Perlbinder Vice President 2.00 0.00 X X 0 0 0 George Wells Treasurer 2.00 0.00 X X 0 0 0 Martha McLanahan Secretary 2.00 0.00 X X 0 0 0 Deborah F Bancroft Board Member 2.00 0.00 X 0 0 0 David M Dubin Board Member 2.00 0.00 X 0 0 0 David Granville-Smith Board Member 2.00 0.00 X 0 0 0 Lisa Green Board Member 2.00 0.00 X 0 0 0 Notoya Green Board Member 2.00 0.00 X 0 0 0 Ejim Peter Achi Board Member 2.00 0.00 X 0 0 0 Aliya LeeKong Board Member 2.00 0.00 X 0 0 0 Catherine Gillis Carmody Board Member 2.00 0.00 X 0 0 0 Louis K Meisel Board Member 2.00 0.00 X 0 0 0 Laurence Milstein Board Member 2.00 0.00 X 0 0 0 Henry Richardson Board Member 2.00 0.00 X 0 0 0 Steven J Horowitz Board Member 2.00 0.00 X 0 0 0 Andrea Pemberton Board Member 2.00 0.00 X 0 0 0 Yanina Spivack Board Member 2.00 0.00 X 0 0 0 Charlotte Lucas Pilaro Board Member 2.00 0.00 X 0 0 0 Donville Reid Board Member 2.00 0.00 X 0 0 0 Joey Wolffer Board Member 2.00 0.00 X 0 0 0 1062109 54571 6 true true false Marshall Fine Arts 135 East Industry Court Deer Park NY 11729 Install & store artwork 220838 Canard 503 W 43rd Street New York NY 10036 Catering Services 189356 Elegant Affairs Caterers 110 Glencove Avenue Glencove NY 11542 Catering Services 163407 Frank Alexander NYC LLC 50 Far Pond Road Southampton NY 11968 Design Dcor Gala 102475 4 915266 662986 1900047 164072 3478299 Admissions 711130 181062 181062 Membership 711300 330430 330430 Tuition Fees 711130 540400 540400 1051892 177114 177114 0 0 0 85997 102627 -16630 -16630 -16630 613117 915266 653000 -39883 0 119932 55407 64525 64525 0 4715317 1276901 0 0 0 0 489231 218689 34570 235972 108858 72139 11404 25315 1904241 1367454 216162 320625 0 259327 179900 24673 54754 236870 161913 21448 53509 0 1000 790 152 58 74621 58957 11366 4298 0 0 31065 31065 602764 476231 91814 34719 5734 5246 488 35839 32349 1562 1928 0 0 0 44318 35081 2853 6384 0 0 120302 53966 65796 540 0 873570 733790 131040 8740 154357 134888 18249 1220 ART TRANSIT 299512 299512 UTILITIES 243836 204816 36580 2440 service contracts 146155 100293 16938 28924 RECEPTION COSTS 104839 67416 1121 36302 412686 341716 24871 46099 6149125 4545146 741664 862315 121567 192227 1903688 1273902 425373 468500 0 0 0 0 61576 13201 51075 98001 39449370 9008589 31238621 30440781 5532543 5838299 0 0 0 11020 40035 39345463 38364946 259857 214414 207664 337713 1390524 1352704 11020 40035 1869065 1944866 X 31078464 29857065 6397934 6563015 37476398 36420080 39345463 38364946 X -1433808 408383 -30893 X false true X true false X 4762057 2737645 4347219 2923433 3087631 17857985 374862 360020 347437 397248 400562 1880129 0 5136919 3097665 4694656 3320681 3488193 19738114 0 19738114 137743 88114 115512 115772 177114 634255 0 0 20372369 0.96890 0.97180 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X false 3960254 494343 183050 31065 4240482 4961257 -779389 189976 31638 3960254 4728302 477423 207798 36670 4961257 4466135 442862 154413 26282 4728302 4069621 702853 260510 45829 4466135 false false false 3870424 3870424 34770771 8498288 26272483 739385 504398 234987 68790 5903 62887 30440781 Lease Liability 40035 40035 X 5159835 408383 67200 475583 4684252 31065 31065 4715317 6216153 67200 30893 98093 6118060 31065 31065 6149125 Part III, Line 1a: If organization elected under SFAS 116 to not report are, historical treasures, o IN CONFORMITY WITH THE PRACTICE FOLLOWED BY MANY MUSEUMS, ART OBJECTS PURCHASED OR DONATED ARE NOT INCLUDED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. THE VALUE OF OBJECTS ACQUIRED BY GIFT IS NOT REPORTED AS CONTRIBUTIONS AT THE TIME OF THE GIFT. WHEN WORKS OF ART ARE EITHER PURCHASED OR SOLD, THE PROCEEDS OR COSTS ARE REFLECTED AS AN INCREASE OR DECREASE IN UNRESTRICTED NET ASSETS-BOARD DESIGNATED ACCESSIONS IN THE STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS. PROCEEDS FROM THE SALE OF WORKS OF ART AND ANY INVESTMENT INCOME DERIVED FROM THESE PROCEEDS ARE DESIGNATED BY THE BOARD OF TRUSTEES AND ARE TO BE USED SOLELY FOR THE PURCHASE OF ARTWORK. OVER THREE THOUSAND FIVE HUNDRED OBJECTS ARE IN THE CARE OF THE MUSEUM AND MOST ARE HOUSED IN THE MUSEUM'S CLIMATE CONTROLLED COLLECTION STORAGE VAULT. THE COLLECTIONS ARE CATALOGUED AND MAINTAINED ACCORDING TO PROFESSIONAL STANDARDS ESTABLISHED AND MONITORED BY THE AMERICAN ALLIANCE OF MUSEUMS. THE RESPONSIBLE MANAGEMENT OF THE COLLECTIONS IS GOVERNED BY A POLICY APPROVED BY THE COLLECTIONS COMMITTEE AND THE BOARD OF TRUSTEES WHICH ARTICULATE THE FOCUS OF THE COLLECTIONS, THEIR CARE AND HANDLING, INSURANCE, AND CONSERVATION MAINTENANCE. THE PARRISH ART MUSEUM MAINTAINS A FINE ARTS "WALL TO WALL" INSURANCE POLICY ON ITS COLLECTION THAT COVERS THE COLLECTION WHILE AT THE MUSEUM, IN TRANSIT, OR ON EXHIBITION ANYWHERE IN THE WORLD. Part III, Line 4: Description of organization's collections and how it furthers its purpose. THE PERMANENT COLLECTION OF THE PARRISH ART MUSEUM IS COMPRISED OF 3,553 OBJECTS, INCLUDING 737 PAINTINGS, 95 SCULPTURES, 738 WORKS ON PAPER, 1,536 PRINTS, 298 PHOTOGRAPHS 3 VIDEOS AND 17 TEXTILE WORKS. THE COLLECTION IS DISTINGUISHED FOR ITS CORE WORKS BY AMERICAN ARTISTS, MANY OF WHOM RESIDED OR RESIDE ON THE EAST END OF LONG ISLAND. OF SPECIAL SIGNIFICANCE IS THE MUSEUM'S RENOWNED HOLDINGS OF MAJOR WORKS BY WILLIAM MERRITT CHASE AND FAIRFIELD PORTER. IT IS THE MUSEUM'S DESIRE TO CONTINUE TO COLLECT ALONG THIS LINE, AND WITHIN THE PAST EIGHT YEARS THE MUSEUM HAS DEVELOPED COLLECTIONS IN DEPTH OF THE WORK OF OTHER NOTEWORTHY LOCAL/REGIONAL ARTISTS SUCH AS ESTEBAN VICENTE AND JAMES BROOKS. THE GOAL OF THIS STRATEGY IS TO ALLOW THE MUSEUM PERIODICALLY TO PRESENT FOCUSED INSTALLATIONS OF SELECT ARTISTS TO FORM DEEPER UNDERSTANDING AND APPRECIATION OF THOSE WHO HAVE MADE SIGNIFICANT CONTRIBUTIONS TO AMERICAN ART HISTORY AND WHO HAVE CLOSE TIES TO THE REGION. THIS DIRECTION IN COLLECTING SETS THE PARRISH APART FROM SISTER INSTITUTIONS THAT TAKE A MORE ENCYCLOPEDIC APPROACH, THUS FURTHER CEMENTING THE MUSEUM'S SPECIAL NICHE WITHIN THE OVERALL LANDSCAPE OF MUSEUMS NATIONWIDE. SINCE 2012, THE MUSEUM HAS ADDED 823 WORKS TO THE PERMANENT COLLECTION AND MADE GREAT HEADWAY IN REALIZING THIS GOAL. THE PERMANENT COLLECTION FORMS THE FOUNDATION FOR THE MUSEUM'S OVERALL EFFORTS. WHENEVER POSSIBLE, SPECIAL EXHIBITIONS ARE CONTEXTUALIZED THROUGH RELATED INSTALLATIONS DRAWN FROM THE COLLECTION REGARDING RELEVANT THEMES, SUCH AS THE EXHIBITIONS ARTISTS CHOOSE PARRISH AND JAMES BROOKS: A PAINTING IS A REAL THING.THE PARRISH'S GUIDELINES FOR AQUISITION AND COLLECTIONS MANAGEMENT POLICIES WERE IMPLEMENTED IN 1998 AND VETTED IN ITS 2024 ACCREDITATION BY THE AMERICAN ALLIANCE OF MUSEUMS. ALL WORKS IN THE COLLECTION ARE ACCESSIONED AND CATALOGUED. THE PARRISH ART MUSEUM USES GALLERY SYSTEM'S TMS (THE MUSEUM SYSTEM) FOR CATALOGUING OF WORKS IN THE PERMANENT COLLECTION. THE PARRISH IMPLEMENTED TMS IN 2006. AT THAT TIME, TMS WAS RECOGNIZED AS A LEADING COLLECTION MANAGEMENT SOFTWARE, ONE WITH WHICH MUSEUM STAFF HAD THE MOST FAMILIARITY AND BEST SERVED ITS GROWING NEEDS. Part V, Line 4: Intended uses of the endowment fund. THE ROBERT LEHMAN FUND - THIS FUND WAS ENDOWED AND PROVIDED BY THE ROBERT LEHMAN FOUNDATION, INC. WITH THE INCOME GENERATED TO BE USED TO SUPPORT THE OPERATING EXPENSES OF THE ROBERT LEHMAN FOUNDATION GALLERY AND/OR THE COMPENSATION OF THE ROBERT LEHMAN CURATOR KLAUS OTTMAN.THE DRUCKENMILLER FUND FOR EDUCATION - THIS FUND WAS ENDOWED AND PROVIDED BY STANLEY AND FIONA DRUCKENMILLER WITH INCOME TO BE USED IN AN EDUCATIONAL PLANNING PROGRAM FOR MUSEUM/SCHOOL COLLABORATIONS. THE WERNER & MAREN OTTO ENDOWMENT FUND FOR THE STUDY OF THE ART OF EASTERN LONG ISLAND - THIS FUND WAS ENDOWED, AND PROVIDED BY DR. AND MRS. WERNER OTTO, WITH THE INCOME GENERATED TO BE RESTRICTED AND USED FOR THE STUDY OF THE ART OF EASTERN LONG ISLAND, AS DEFINED IN THE DONOR AGREEMENT.THE "LEWIS B. AND DOROTHY CULLMAN CHIEF CURATOR ART AND EDUCATION" POSITION THIS FUND WAS ENDOWED AND PROVIDED BY THE LEWIS B. AND DOROTHY CULLMAN FOUNDATION TO FUND EXPENSES ASSOCIATED WITH THE POSITION OF CHIEF CURATOR (NAMED "THE LEWIS B. AND DOROTHY CULLMAN CHIEF CURATOR ART AND EDUCATION" POSITION).HARRIET AND ESTEBAN VICENTE FOUNDATION - THIS FUND WAS ENDOWED AND PROVIDED BY THE HARRIET AND ESTEBAN VICENTE FOUNDATION WITH THE INCOME GENERATED TO BE USED TO SUPPORT THE OPERATING EXPENSES OF THE HARRIET AND ESTEBAN VICENTE FOUNDATION GALLERY. THE OPERATING ENDOWMENT FUND - THIS FUND WAS ENDOWED AND PROVIDED BY VARIOUS DONORS, WITH THE INCOME TO BE USED FOR UNRESTRICTED PURPOSES FOR ONGOING OPERATIONS. THE MR. AND MRS. RAYMOND J. HOROWITZ FUND FOR PUBLICATIONS - THIS FUND WAS ENDOWED AND PROVIDED BY MR. AND MRS. RAYMOND J. HOROWITZ, WTTH THE INCOME TO BE USED FOR PUBLICATIONS DEVELOPED AND PRODUCED BY THE MUSEUM. THE MUSEUM OBTAINED PERMISSION FROM MR. AND MRS. RAYMOND J. HOROWITZ TO EXPEND A PORTION OF THE PRINCIPAL EACH YEAR IN SUPPORT OF PUBLICATIONS. THE LILIANE AND NORMAN PECK FUND FOR SPECIAL EXHIBITIONS - THIS FUND WAS ENDOWED BY VARIOUS DONORS WITH THE INCOME AND A PORTION OF PRINCIPAL TO BE USED IN SUPPORT OF SPECIAL EXHIBITIONS. THE JAMES AND CHARLOTTE BROOKS FUND - THIS FUND WAS ENDOWED AND PROVIDED BY THE JAMES AND CHARLOTTE BROOKS FOUNDATION, WITH THE INCOME AND A PORTION OF THE PRINCIPAL TO BE USED FOR THE CARE AND INTERPRETATION OF THE JAMES AND CHARLOTTE BROOKS COLLECTION AT THE PARRISH, AND THE DEVELOPMENT AND PRESENTATION OF EXHIBITIONS ABOUT MODERN AND CONTEMPORARY ART, INCLUDING BUT NOT LIMITED TO BROOKS.THE DOROTHY LICHTENSTEIN ARTS REACH FUND - THIS FUND WAS ENDOWED AND ESTABLISHED BY AGNES GUND AND DOROTHY LICHTENSTEIN, WITH THE INCOME AND A PORTION OF THE PRINCIPAL TO BE USED FOR PROJECTS AND INITIATIVES THAT BRING ARTISTS AND THE COMMUNITY TOGETHER TO EXPLORE HOW ART AND CREATIVITY CAN ADDRESS CONCERNS ABOUT DIVERSITY AND EDUCATIONAL, SOCIAL AND ECONOMIC INEQUITIES. Part X : FIN48 Footnote The Museum recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Management has determined that the Museum had no uncertain tax positions that would require financial statement recognition. The Museum is no longer subject to examination by the applicable taxing jurisdictions for tax years prior to 2020. Part XII, Line 2d: Other expenses and losses per audited F/S Accessions of Art $30893 false Midsummer Party 1210784 821029 389755 389755 Midsummer Dance 117300 117300 157183 3 200299 94237 106062 106062 1528383 915266 613117 653000 653000 -39883 X X X X X X false false false false false false false false false Marc Giosi Deputy Director of Development 159231 9222 168453 Melanie Crader Former Deputy Director 108858 2991 111849 Monica Ramirez-Montagut Executive Director 300000 30000 9232 339232 X 26 X 9 164072 FMV 1 false false false Form 990, Part VI, Section B, Line 11b Prior to its filing, the 990 is reviewed and approved by the Audit committee. The 990 is then distributed and reviewed by the Board of Trustees before being filed with the IRS. Form 990, Part VI, Section B, Line 12c The museum's board of trustees, staff, and volunteers are covered by the code of ethics. A conflict may arise when personal or business interests interfere with the politics, operations, and interests of the museum. dealings between those covered and immediate family members should be disclosed in annual disclosure statements. management conducts ongoing reviews of any issues that could be a potential conflict of interest. Form 990, Part VI, Section B, Line 15b THE MUSEUM DIRECTOR'S CONTRACT AND COMPENSATION PACKAGE WAS BASED ON COMPARABLE INDUSTRY DATA FOR MUSEUMS WITH SIMILAR OPERATING BUDGETS, RESPONSIBILITIES AND GEOGRAPHICAL LOCATION (SOURCES INCLUDE THE AMERICAN ALLIANCE OF MUSEUMS AND THE ASSOCIATION OF MUSEUM DIRECTORS). COMPENSATION NEGOTIATIONS TAKE PLACE BETWEEN THE EXECUTIVE COMMITTEE, THE DIRECTOR AND THE HR CONSULTANT. OTHER KEY EMPLOYEES' COMPENSATION IS BASED ON COMPARABLE INDUSTRY DATA. Form 990, Part VI, Section C, Line 19 The governing documents, conflict of interest policy, and financial statements are available to the public upon request. Form 990, Part XI, Line 9 Accessions of Art = -$30893