2024-04-16T12:01:59-05:00 2023-12-31 990 2023-01-01 916096633 TACOMA ART MUSEUM ENDOWMENT TACO 8888663275 PO BOX 653067 DALLAS TX 752653067 BANK OF AMERICA N A MANAGING DIR 8888663275 2024-04-16 true 2023 2023-04-26 12:10:37Z BANK OF AMERICA N A 401 UNION ST FL 24 SEATTLE WA 981012501 495871 false X NONE X 1970 WA THE NET INCOME PAID TO THE NAMED SUPPORTED ORGANIZATION, TACOMA ART MUSEUM, IS TO BE USED FOR THE STATED PURPOSES OF MAINTENANCE AND OPERATION OF THE BUILDING AND GROUNDS OF ANY BUILDING OCCUPIED BY THE MUSEUM AND ANY SURPLUS FUNDS ARE TO BE USED FOR THE ART, CULTURAL AND EDUCATIONAL ACTIVITIES OF THE MUSEUM 1 0 0 0 0 0 0 205591 127068 0 205591 127068 50115 0 11021 6566 0 0 1781 4299 12802 60980 192789 66088 2180096 2245354 0 0 2180096 2245354 THE NET INCOME PAID TO THE NAMED SUPPORTED ORGANIZATION, TACOMA ART MUSEUM, IS TO BE USED FOR THE STATED PURPOSES OF MAINTENANCE AND OPERATION OF THE BUILDING AND GROUNDS OF ANY BUILDING OCCUPIED BY THE MUSEUM AND ANY SURPLUS FUNDS ARE TO BE USED FOR THE ART, CULTURAL AND EDUCATIONAL ACTIVITIES OF THE MUSEUM false false 53466 50115 MAINTENANCE AND OPERATION OF THE BUILDING AND GROUNDS OF THE MUSEUM AND ANY SURPLUS FUNDS ARE FOR THE ART, CULTURAL AND EDUCATIONAL ACTIVITIES OF THE MUSEUM 53466 true false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false true false false false true 0 0 true 0 false false false false false false false false false false false false false X 1 0 false false false false false false false true false false false false true true true true true false false false WA X FIDUCIARY TAX SERVICES 8668883275 PO BOX 653067 DALLAS TX 752653067 BANK OF AMERICA N A TRUSTEE 1.0 X 6566 0 0 6566 0 0 false false false 56216 56216 439655 368803 70852 70852 70852 127068 127068 50115 50115 6566 2626 3940 1750 700 1050 OTHER ALLOCABLE EXPENSE - CTF 797 797 FOREIGN TAXES 1727 1727 WA SOS ANNUAL RENEWAL FEE 25 25 60980 53466 7514 0 125805 91220 2054291 2154134 2180096 2245354 0 0 X 2180096 2245354 2180096 2245354 2180096 2245354 X 66088 -830 X false false false X X 1 TACOMA ART MUSEUM 910697444 7 true 50115 0 1 50115 0 true false false false false false false false false false false false false false false true false 0 0 0 0 0 0 true TACOMA ART MUSEUM 1701 PACIFIC AVE TACOMA WA 98402 916097444 501(c)(3) 50115 SUPPORT TACOMA ART MUSEUM PROGRAMS 1 EXPLANATION FOR FORM 990, SCHEDULE I, PART 1, LINE 2 PER THE GOVERNING DOCUMENT, THE NET INCOME PAID TO THE NAMED SUPPORTED ORGANIZATION, TACOMA ART MUSEUM, IS TO BE USED FOR THE STATED PURPOSES OF MAINTENANCE AND OPERATION OF THE BUILDING AND GROUNDS OF ANY BUILDING OCCUPIED BY THE MUSEUM AND ANY SURPLUS FUNDS ARE TO BE USED FOR THE ART, CULTURAL AND EDUCATIONAL ACTIVITIES OF THE MUSEUM. PART VII - COMPENSATION EXPLANATION The compensation shown on the return that is paid to Bank of America, N.A. as corporate trustee is not calculated based upon an hourly rate for time spent by the trustee; rather, Bank of America's compensation as corporate trustee is calculated using a market value fee schedule. The trust officer's time spent performing administrative responsibilities for this foundation averages one hour per week. In addition, time is spent by other staff members for PART VII - COMPENSATION EXPLANATION (CONTINUED) recordkeeping, investment management, income collection, rendering statements and accountings, regulatory reporting, regulatory compliance, and tax services. EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8a WHEN DECISIONS ARE MADE, THEY ARE DOCUMENTED IN THE PERMANENT RECORD. EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8b THERE ARE NO COMMITTEES. FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW THIS ORGANIZATION IS FORMED AS A TRUST UNDER STATE LAW, AND BANK OF AMERICA, N.A. IS THE INSTITUTIONAL TRUSTEE OF THIS TRUST. THE FORM 990 IS PREPARED BY BANK OF AMERICA TAX PROFESSIONALS UNDER THE DIRECT SUPERVISION OF A CORPORATE OFFICER. THUS, THE 990 IS REVIEWED PRIOR TO FILING BY AN OFFICER OF THE BANK, WHICH IS THE INSTITUTIONAL TRUSTEE OF THIS TRUST. EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12c ANNUAL STATEMENT BY ALL INSTITUTIONAL TRUSTEE EMPLOYEES ARE SIGNED AND DOCUMENTED. FORM 990, PAGE 6, PART VI, LINE 15a NOT APPLICABLE - THIS TRUST HAS AN INSTITUIONAL TRUSTEE. FORM 990, PAGE 6, PART VI, LINE 15b NOT APPLICABLE - THIS TRUST HAS AN INSTITUIONAL TRUSTEE. FORM 990, PAGE 6, PART VI, LINE 18 BANK OF AMERICA, N.A. TEL: (888)866-3275 P.O. BOX 653067; DALLAS, TX 75265-3067 FORM 990, PAGE 6, PART VI, LINE 19 THE TRUST, AND THE BANK AS INSTITUTIONAL TRUSTEE, MAKES ITS GOVERNANCE DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AS REQUIRED BY FEDERAL AND STATE LAWS. EXPLANATION FOR FORM 990, PART XI, LINE 9 (418) INCOME TIMING DIFFERENCE; (414) CTF TIMING DIFFERENCE; 6 BASIS ADJUSTMENT - SALES; (4) NET ROUNDING; TOTAL ADJUSTMENT = (830) TACOMA ART MUSEUM 1701 PACIFIC AVE TACOMA WA 98402 910697444 ART PROGRAMS WA 501(c)(3) 7 NA false false true false false false false false false false false false false false false false false false false false TACOMA ART MUSEUM b 50115 CASH