2024-11-12T10:52:56-06:00 2023-12-31 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA 7TH FL NEW YORK NY 10004 990 2023-01-01 135365520 SALMAGUNDI CLUB SALM 2122557740 47 FIFTH AVENUE NEW YORK NY 10003 NICHOLAS DAWES PRESIDENT 2122557740 2024-11-04 1 0 ALEXANDER LAZZARUOLO P01775353 2126617777 2023 2024-10-15 13:58:12Z WILLIAM JOBSON 47 FIFTH AVENUE NEW YORK NY 10003 3215721 0 X WWW.SALMAGUNDI.ORG X 1871 NY THE SALMAGUNDI CLUB OPERATES FOR EDUCATIONAL AND CHARITABLE PURPOSES. 10 10 0 100 0 0 1091148 1135635 433913 490039 621098 152472 362494 571339 2508653 2349485 0 0 0 0 1304207 1381075 0 0 0 1059652 1154885 2363859 2535960 144794 -186475 5339631 5142541 411154 435928 4928477 4706613 X SEE SCHEDULE O 0 0 1510307 920080 SALMAGUNDI OFFERS A WIDE RANGE OF SERVICES AND PROGRAMS SUCH AS LECTURES, CONCERTS, DEMONSTRATIONS, TANGO DANCING LESSONS, PANEL DISCUSSIONS THAT ALLOW FOR THE PUBLIC AS WELL AS FOR OUR MEMBERS TO PARTICIPATE IN EDUCATIONAL EVENTS AND ART CRITICISM. 14881 14755 SALMAGUNDI OFFERS QUALITY ART EDUCATION TO STUDENTS OF ALL AGES IN A RELAXED ATMOSPHERE WITHOUT THE PRESSURES OF ACADEMIA, ALLOWING EXPERIENCED ARTIST TEACHERS TO WORK WITH STUDENTS OF ALL AGES IN A ONE-ON-ONE LEARNING ENVIRONMENT IN DIFFERENT MEDIA AND AT THEIR OWN PACE. 1525188 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 63 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X SYDNEY HARRISTHE CLUB 2122557740 47 FIFTH AVENUE NEW YORK NY 10003 X GEORGE GRUBB PRESIDENT 3.00 X X 0 0 0 WILLIAM JOBSON 1ST VICE PRESIDENT 3.00 X X 0 0 0 BARBARA GENCO 2ND VICE PRESIDENT 3.00 X X 0 0 0 CHRISTOPHER REHKOW TREASURER 3.00 X X 0 0 0 TRACY DOCKRAY RECORDING SECRETARY 3.00 X 0 0 0 MICHAEL ROSENFELD DIRECTOR 3.00 X 0 0 0 LOU LALLI DIRECTOR 3.00 X 0 0 0 DOROTHY WIGGINS DIRECTOR 3.00 X 0 0 0 KAREN LOEW DIRECTOR 3.00 X 0 0 0 JOAN MARIE PALMER DIRECTOR 3.00 X 0 0 0 0 0 0 0 0 0 0 0 595644 539991 1135635 AUCTIONS & EXHIBITIONS 900099 285538 285538 OPERATING ASSESSMENT 900099 148665 148665 ART CLASSES 900099 29636 29636 APPLICATION FEES 900099 26200 26200 490039 52560 52560 215840 130828 85012 85012 85012 659195 559283 99912 99912 99912 620921 176125 444796 444796 MISCELLANEOUS REVENUE 900099 41531 41531 41531 2349485 934835 0 279015 1193336 750887 442449 100234 63071 37163 87505 55061 32444 54443 54443 90037 90037 16291 16291 17935 17935 213131 111717 101414 70995 47339 23656 76427 50949 25478 BUILDING MAINTENANCE 224473 175912 48561 AUCTIONS AND EXHIBITION 180883 180883 UNCOLLECTABLE RECEIVABL 107007 107007 DINING ROOM 71642 71642 31621 17727 13894 2535960 1525188 1010772 0 85097 336493 2169993 58884 340262 286719 11035 11035 29780 28674 4136212 1639497 2591343 2496715 1811900 112121 112121 5339631 5142541 193597 200160 217557 235768 411154 435928 X 2038214 1606084 2890263 3100529 4928477 4706613 5339631 5142541 -186475 -35389 0 X 0 1 X 1 0 X 699229 922149 1039699 1091148 1135635 4887860 768191 325265 473816 920223 1110960 3598455 1467420 1247414 1513515 2011371 2246595 8486315 7915 23660 14270 8500 54345 0 7915 23660 14270 8500 54345 8431970 296248 158641 133820 239009 268400 1096118 296248 158641 133820 239009 268400 1096118 5563 52244 127863 50638 41531 277839 1769231 1458299 1775198 2301018 2556526 9860272 0.85510 0.84200 0.11120 0.11910 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISC INCOME - 2019 AMOUNT: $ 5,563. 2020 AMOUNT: $ 52,244. 2021 AMOUNT: $ 127,863. 2022 AMOUNT: $ 50,638. 2023 AMOUNT: $ 41,531. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 2890263 253751 100792 144277 3100529 2807408 294725 -179883 31987 2890263 2451588 76951 481519 202650 2807408 2064783 226610 249439 89244 2451588 1751596 63114 385879 135806 2064783 0.27582 0.72418 0 0 274278 274278 3494413 1317256 2177157 367521 322241 45280 2496715 2604758 -35389 306953 271564 2333194 16291 16291 2349485 2826622 306953 306953 2519669 16291 16291 2535960 PART III, LINE 4: SALMAGUNDI HOUSES AND EXHIBITS EXAMPLES OF AMERICAN ART SINCE THE 1870'S WITH GALLERIES OPEN TO THE PUBLIC DAILY. THE ORGANIZATION ALSO PROVIDES HISTORIC INFORMATION UPON REQUEST ABOUT ITS COLLECTION AND HISTORY, WHETHER THEY BE QUESTIONS FROM RESEARCHERS OR THE PUBLIC. PART V, LINE 4: TEMPORARILY RESTRICTED NET ASSETS INCLUDE CONTRIBUTIONS RECEIVED WITH DONOR STIPULATIONS THAT LIMIT THE USE OF THE DONATED ASSETS FOR A SPECIFIC PURPOSE OR RELATED TO FUTURE PERIODS. WHEN A DONOR TIME RESTRICTION EXPIRES OR THE PURPOSES IS ACCOMPLISHED, TEMPORARILY RESTRICTED NET ASSETS ARE RECLASSIFIED TO UNRESTRICTED NET ASSETS AND REPORTED IN THE STATEMENT OF ACTIVITIES AS NET ASSETS RELEASED FROM RESTRICTIONS. PERMANENTLY RESTRICTED NET ASSETS INCLUDE FUNDS THAT HAVE BEEN DESIGNATED BY THE DONOR TO BE HELD AND INVESTED IN PERPETUITY, THE INCOME FROM WHICH IS EXPENDABLE TO SUPPORT THE ACTIVITIES OF THE CLUB. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 176,125. RENTAL EXPENSES 130,828. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 176,125. RENTAL EXPENSE 130,828. PART III - LINE 1 FOUNDED IN 1871, SALMAGUNDI'S MISSION, AS DESCRIBED IN THE BY-LAWS READS: "THE OBJECTS OF THE CLUB ARE THE ENCOURAGEMENT OF ORIGINALITY AS ARTISTS AMONG ITS MEMBERS AND THE ADVANCEMENT OF ART OF ALL KINDS; THE ENCOURAGEMENT OF THE APPRECIATION OF ART BY THE PUBLIC BY ALL AVAILABLE MEANS; TO PROVIDE A PLACE FOR ARTIST MEMBERS WHERE THEY MAY MEET ON A PROFESSIONAL LEVEL AND WHERE ALL MEMBERS MAY GATHER SOCIALLY AND CULTURALLY IN FURTHERANCE OF THESE AND RELATED PURPOSES; TO PROVIDE FACILITIES FOR THE EXHIBITION OF PAINTINGS, SCULPTURES, AND OTHER WORKS OF ART AND TO BRING TOGETHER THE ARTIST AND LAY MEMBERS OF THE CLUB. FOR ITS CHARITABLE PURPOSES IT RENDERS PROFESSIONAL AND FINANCIAL ASSISTANCE TO INDIGENT ARTISTS." FORM 990, PART VI, SECTION A, LINE 3 SALMAGUNDI CLUB HAS AN EMPLOYMENT MANAGEMENT AGREEMENT WITH A PROFESSIONAL EMPLOYMENT ORGANIZATION ("PEO") WHICH PROVIDES A COMPREHENSIVE PERSONNEL MANAGEMENT SYSTEM ENCOMPASSING A BROAD RANGE OF SERVICES, INCLUDING BENEFITS AND PAYROLL ADMINISTRATION, HEALTH AND WORKER'S COMPENSATION INSURANCE PROGRAMS, PERSONNEL RECORDS MANAGEMENT, EMPLOYER LIABILITY MANAGEMENT, ETC. EMPLOYEES ARE INCLUDED IN A FORM W-3, TRANSMITTAL OF WAGE AND TAX STATEMENTS, ISSUED DIRECTLY BY THE PEO AND THEREFORE SALMAGUNDI CLUB DOES NOT ISSUE A FORM W-3 OR FORM W-2. FORM 990, PART VI, SECTION A, LINE 6 THE SALMAGUNDI CLUB WAS INCORPORATED AS A MEMBERSHIP ORGANIZATION. CLASSIFICATIONS OF MEMBERSHIP: RESIDENT, NON-RESIDENT, JUNIOR, AND SCHOLARSHIP. ONLY THE FIRST CATEGORY, RESIDENT MEMBERS, PARTICIPATE IN THE ORGANIZATION'S GOVERNANCE. FORM 990, PART VI, SECTION A, LINE 7A FOR ELECTION OF OFFICERS, RESIDENT MEMBERS ELECT A NOMINATING COMMITTEE WHO, IN TURN, SELECTS THE SLATE OF INCOMING OFFICERS. THIS SLATE IS THEN VOTED UPON BY THE MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS MUST BE CONSULTED IN SELECTED FINANCIAL MATTERS AS PER THE BY-LAWS SUCH AS INCREASING MEMBER DUES. THIS IS ALSO THE CASE WITH ANY AMENDMENTS TO THE BY-LAWS. SPECIAL MEETING OF THE MEMBERSHIP ARE CALLED, IF A SPECIAL MEETING IS NECESSARY AND THE ISSUES AT HAND ARE VOTED UPON (THERE MUST BE A QUORUM PRESENT TO HOLD A VOTE). GENERAL MEMBERSHIP MEETINGS ARE HELD EVERY OTHER MONTH ON THE FIRST FRIDAY. FORM 990, PART VI, SECTION B, LINE 11B THE CHAIRMAN OF THE BOARD, TREASURER, AND FINANCE COMMITTEE REVIEW THE 990 WHEN IT IS COMPLETED AND BEFORE IT IS FILED WITH THE IRS. COPIES ARE THEN DISTRIBUTED TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C ALL VENDORS ARE FORMALLY APPROVED ANNUALLY BY THE HOUSE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 OTHER FULL-TIME STAFF MEMBERS ARE APPROVED BY EITHER THE HOUSE COMMITTEE OR THE BOARD OF DIRECTORS, DEPENDING UPON THE RANK OF THE STATION BEING FILLED. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.