2025-09-08T11:59:13-05:00 2025-03-31 251408703 SCHNEIDER DOWNS & CO INC ONE PPG PLACE SUITE 1700 PITTSBURGH PA 15222 990 2024-04-01 251596285 FRICK ART & HISTORICAL CENTER INC FRIC 4123710600 7227 REYNOLDS STREET PITTSBURGH PA 152082919 AMANDA DUNYAK GILLEN EXECUTIVE DIRECTOR 4123710600 2025-09-05 1 0 ERIN F WOOD P01710275 4122613644 2024 2025-03-06 01:10:19Z THE FRICK PITTSBURGH AMANDA DUNYAK GILLEN 7227 REYNOLDS STREET PITTSBURGH PA 152082919 27951968 0 X WWW.THEFRICKPITTSBURGH.ORG X 1988 PA FURTHERING THE VISION OF HELEN CLAY FRICK, WE SHARE AUTHENTIC EXPERIENCES WITH ART, HISTORY AND NATURE THAT INSPIRE AND DELIGHT. 33 33 184 44 547 0 4593591 4398712 407646 1064454 5519389 3394893 410418 398880 10931044 9256939 3000 3000 0 0 4324619 4522388 16525 21020 628932 4268920 4338114 8613064 8884522 2317980 372417 112726826 113700285 554534 469979 112172292 113230306 X SEE SCHEDULE O 0 0 4865591 1106955 EXHIBITION & PRESERVATION: THE FRICK PITTSBURGH SERVES OUR COMMUNITY WITH AN APPEALING RANGE OF PUBLIC EXHIBITIONS, TOURS, EDUCATIONAL PROGRAMS, AND EVENTS OFFERED IN THREE MUSEUMS, AN EDUCATION CENTER, AND OTHER PUBLIC BUILDINGS ACROSS OUR BEAUTIFUL A 10-ACRE SITE OF MUSEUMS AND GARDENS. (CONTINUED ON SCHEDULE O)IN FY25, THE FRICK'S VARIED PROGRAM OF OFFERINGS INCLUDED THREE EXHIBITIONS: -"VERMEER MONET REMBRANDT: FORGING THE FRICK COLLECTIONS IN PITTSBURGH & NEW YORK" (APRIL 6 - JULY 14, 2024)-"TREASURED ORNAMENT" (AUGUST 17 OCTOBER 20, 2024)-"KARA WALKER AND HARPER'S PICTORIAL HISTORY (ANNOTATED)" MARCH 1 - MAY 25, 2025IN THE 54 YEARS SINCE THE FRICK ART MUSEUM FIRST OPENED ITS DOORS, WE HAVE WELCOMED MORE THAN 1 MILLION VISITORS TO THE FRICK PITTSBURGH. OUR COLLECTION OF MUSEUMS, VISITOR AMENITIES AND VERDANT CAMPUS ARE A TREASURE OF PITTSBURGH'S EAST END. PRESERVATION AND CAPITAL IMPROVEMENT PROJECTS COMPLETED OR BEGUN IN FY25 ENHANCED IT ALL FROM THE FRICK ART MUSEUM TO CLAYTON, FROM THE CAR AND CARRIAGE MUSEUM TO THE GREENHOUSE. TOGETHER THESE PROJECTS IMPROVE ACCESSIBILITY TO OUR SITE, PRESERVE OUR COLLECTIONS FOR FUTURE GENERATIONS, AND ENRICH THE BEAUTY AND SAFETY OF OUR GARDEN CAMPUS. ADDITIONALLY, THE FRICK COMPLETED PHASE 1 OF THE MULTI-PHASED CLAYTON EXTERIOR PROJECT. CLAYTON IMPROVEMENTS INCLUDED PAINT REMOVAL, REPOINTING, BRICK REPLACEMENT, RECOATING WITH KEIM BREATHABLE PAINT, AND NEW ROOFING IN SECTIONS.IN MAY 2025, THE PENNSYLVANIA HISTORIC PRESERVATION BOARD APPROVED THE FRICK'S NATIONAL REGISTER APPLICATION TO THE NATIONAL PARK SERVICE. WE ARE THRILLED TO RECEIVE OUR NATIONALLY RECOGNIZED HISTORIC DESIGNATION. 2146239 3000 488284 VISITOR EXPERIENCE & INTERPRETATION: EDUCATORS, STUDENTS, TOURIST AND COMMUNITY MEMBERS ACCESS THE FRICK PITTSBURGH IN VARIOUS WAYS. (CONTINUTED ON SCHEDULE O)- FAMILIES WITH CHILDREN PARTICIPATE IN DROP-IN EDUCATIONAL ACTIVITIES THROUGHOUT THE YEAR AND ATTEND OUR SEASONAL FESTIVALS. IN FY25, MORE THAN 13,000 PEOPLE ATTENDED THE FOUR FREE OUTDOOR CONCERTS IN OUR POPULAR SUMMER FRIDAYS SERIES EVENINGS OF MUSIC, ARTMAKING, PICNICS, AND FOOD TRUCKS. AN ADDITIONAL 3,000 PEOPLE PARTICIPATED IN OUR TWO-DAY FRICK WINTERFEST, FEATURING GLASS-BLOWING DEMONSTRATIONS, ARTMAKING ACTIVITIES, LIVE MUSIC, FACE-PAINTING, AND MORE. THE FRICK'S SUMMER CAMPS AND FAMILY ACTIVITY DAYS OFFER ADDITIONAL OPPORTUNITIES FOR YOUNG PEOPLE TO LEARN ABOUT SELF-EXPRESSION THROUGH ART AND MOVEMENT THROUGHOUT THE YEAR. -LEARNERS OF ALL AGES PARTICIPATE IN MUSEUM TOURS AND GALLERY CONVERSATIONS, COMMUNITY FIELD TRIPS, LECTURES, PANEL PRESENTATIONS, CONCERTS, AND ART-MAKING ACTIVITIES. -THE REFRESHED CLAYTON TOUR PLACES THE FRICK FAMILY'S STORY WITHIN THE LARGER CONTEXT OF PITTSBURGH'S HISTORY. FOCUSED ON THE MOMENTOUS YEAR OF 1892, IT ADDRESSES THE HOMESTEAD STRIKE, THE ASSASSINATION ATTEMPT ON FRICK'S LIFE, AND THE IMPACT OF THE GILDED AGE ON OUR LIVES TODAY. AWARDED AN INNOVATION PRIZE BY PA MUSEUMS, THE TOUR WON A PRESTIGIOUS "AWARD OF EXCELLENCE" FROM THE AMERICAN ASSOCIATION FOR STATE AND LOCAL HISTORY. -OUR INTIMATELY SCALED MUSEUMS AND COMMITMENT TO PERSONALIZED SERVICE DEFINES OUR EDUCATIONAL OFFERINGS. SCHOOL GROUPS ENJOY FIELD TRIPS DEVELOPED SPECIFICALLY BY FRICK EDUCATORS WORKING WITH TEACHERS TO MEET THE NEEDS OF EACH CLASS, AND TEACHERS RETURN ON THEIR OWN FOR REGULARLY OFFERED TEACHER TRAINING WORKSHOPS. -FRICK TEACHERS WORK WITH COMMUNITY PARTNER AFTER-SCHOOL PROGRAMS TO DEVELOP CURRICULA AND OFFER MEANINGFUL LEARNING OPPORTUNITIES. THE FRICK ROUTINELY PROVIDES ART-MAKING SUPPLIES FOR SUCH ACTIVITIES AND LINKS LEARNING PROJECTS, WHEN POSSIBLE, TO MUSEUM VISITS. -THE FRICK STRIVES TO REMOVE COST BARRIERS TO PARTICIPATION. ADMISSION TO OUR PARKLIKE CAMPUS AND PERMANENT COLLECTIONS IS FREE TO ALL. WE PRIORITIZE OFFERING FREQUENT COMPLIMENTARY PUBLIC PROGRAMS AND FREE EXHIBITION ADMISSION DAYS. TEACHERS, STUDENTS, SENIORS, YOUTH AGED 17 AND UNDER, PEOPLE WITH DISABILITIES, FIRST RESPONDERS, VETERANS, ACTIVE MILITARY, AND RESERVES RECEIVE DISCOUNTED PROGRAM AND MEMBERSHIP FEES. THE FRICK PARTICIPATES IN MUSEUMS FOR ALL, WHICH FEATURES A $1 EBT ADMISSION RATE. 7011830 1 1 0 1 0 0 0 1 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 82 0 1 184 1 0 0 0 0 0 0 0 0 0 0 0 0 X 33 33 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 PA X X LISA GEHRING DIRECTOR OF FINANCE 4123710600 7227 REYNOLDS STREET PITTSBURGH PA 152082919 X ROBERT M HERNANDEZ CHAIR, TREASURER (ENTERED 09/24) 7.50 X X 0 0 0 EDWARD H DANE VICE CHAIR 7.50 X X 0 0 0 STEVEN M PAVSNER SECRETARY 7.50 X X 0 0 0 KELLY MILLER TREASURER (EXITED 09/24), TRUSTEE 7.50 X X 0 0 0 KAHREN ARBITMAN TRUSTEE (ENTERED 12/24) 2.00 X 0 0 0 MARY LOUISE BABST TRUSTEE 2.00 X 0 0 0 ALICE BURDEN TRUSTEE 2.00 X 0 0 0 BERNARD CARTER TRUSTEE 2.00 X 0 0 0 JAMES CASSARO TRUSTEE 2.00 X 0 0 0 STEPHEN CASEY TRUSTEE 2.00 X 0 0 0 MARGOT DERMODY TRUSTEE 2.00 X 0 0 0 WILLIAM DONOVAN TRUSTEE 2.00 X 0 0 0 KATE FREED TRUSTEE 2.00 X 0 0 0 BARTLEY GRIFFITH TRUSTEE 2.00 X 0 0 0 LEON E HAYNES III TRUSTEE 2.00 X 0 0 0 BARBARA NOBLE HOWARD TRUSTEE 2.00 X 0 0 0 SUSAN HUNTER TRUSTEE 2.00 X 0 0 0 KIRK JOHNSON TRUSTEE 2.00 X 0 0 0 JONATHAN D KESSLER TRUSTEE 2.00 X 0 0 0 CAROL S MACPHAIL TRUSTEE 2.00 X 0 0 0 LAURA MILLER TRUSTEE 2.00 X 0 0 0 WHITNEY S MORGAN TRUSTEE 2.00 X 0 0 0 NATALIE DELLA ROSA TRUSTEE 2.00 X 0 0 0 MICHAEL RUCK TRUSTEE 2.00 X 0 0 0 ROBERT SCHUETZ TRUSTEE 2.00 X 0 0 0 BRIAN SLOAN TRUSTEE 2.00 X 0 0 0 MAUREEN STALEY-SZABO TRUSTEE 2.00 X 0 0 0 SCOTT SYMINGTON TRUSTEE 2.00 X 0 0 0 ISABEL TRAFTON TRUSTEE 2.00 X 0 0 0 BONNIE VANKIRK TRUSTEE 2.00 X 0 0 0 BRITTON P WEAN TRUSTEE 2.00 X 0 0 0 DAVID WERNER TRUSTEE 2.00 X 0 0 0 BRIAN WONGCHAOWART TRUSTEE 2.00 X 0 0 0 ELIZABETH BARKER EXECUTIVE DIRECTOR (EXITED 12/24) 40.00 X 277699 0 31441 AMANDA DUNYAK-GILLEN INTERIM EXEC. DIR. (ENTERED 11/24) 40.00 X 86724 0 30724 LISA GEHRING DIRECTOR OF FINANCE 40.00 X 110753 0 32567 ROBERT HENNINGER DIRECTOR OF OPERATIONS 40.00 X 107874 0 46240 583050 0 140972 3 0 1 0 GRACIANO CORPORATION 209 SIGMA DRIVE PITTSBURGH PA 15238 CONSTRUCTION 673177 RUTHRAUFF SERVICE LLC 419 EAST MAIN STREET CARNEGIE PA 15106 HVAC 223295 SLINGSHOT LLC 208 N MARKET STREET DALLAS TX 75202 ADVERTISING 207000 NIKO CONTRACTING CO INC 3434 PARKVIEW AVENUE PITTSBURGH PA 15213 CONSTRUCTION 168666 PERSPECTUS ARCHITECTURE 1300 EAST 9TH ST STE 910 CLEVELAND OH 44114 ARCHITECTURE 156719 9 383181 540000 2521945 953586 35376 4398712 ADMISSIONS 900099 931694 931694 PROGRAMS 900099 132760 132760 1064454 1969816 547 1969269 12890 12890 19465636 18040559 1425077 1425077 1425077 146055 540000 290850 -144795 -144795 894405 363620 530785 530785 9256939 1595239 547 3262441 3000 3000 461606 358437 68179 34990 3145693 2423487 405691 316515 115455 86756 17593 11106 578011 439169 86672 52170 221623 178780 15272 27571 81462 3128 78334 39600 39600 36300 36300 21020 21020 116542 116542 379737 287924 73200 18613 409464 389262 5280 14922 260104 205599 30125 24380 200535 170618 21846 8071 879874 813671 45586 20617 26552 19623 5460 1469 9222 6819 1040 1363 1066277 996181 68809 1287 260852 130682 130170 EXHIBITIONS 202971 202971 SECURITY 121346 103267 12308 5771 EDUCATION 18965 18965 228311 173491 22053 32767 8884522 7011830 1243760 628932 -35716 183521 637320 1674248 3440669 3739738 206141 174868 167777 187184 33145154 13342077 18935988 19803077 75691034 74529009 5096396 5003498 8587217 8405142 112726826 113700285 403881 399975 106734 47765 43919 22239 554534 469979 X 108432169 108243596 3740123 4986710 112172292 113230306 112726826 113700285 372417 685597 0 X X 0 1 X 1 1 1 X 4090703 6326967 5396596 4593591 4398712 24806569 71500 71500 71500 71500 71500 357500 4162203 6398467 5468096 4665091 4470212 25164069 1642530 23521539 1660731 1542606 2906695 2116669 1982706 10209407 35373476 4128903 0.66490 0.66170 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 36300 0 0 36300 0 PART II-B, LINE 1: THE ORGANIZATION HAS CONTINUED TO WORK WITH ONE + STRATEGIES TO ENGAGE WITH LEGISLATORS WITHIN THE STATE OF PENNSYLVANIA REGARDING APPLICABLE GRANT FUNDING TO SUPPORT THE MISSION. 8382903 X X X X 0 80990983 3982582 4894829 4133 80074603 74354166 5000 9991799 3248663 111319 80990983 85958798 -6806143 4685283 113206 74354166 86746721 2356166 3020718 123371 85958798 64915072 24430881 2475724 123508 86746721 0.99952 0.00048 0.00000 0 0 111750 111750 29199632 11427008 17772624 1552731 1552731 1602804 1338074 264730 678237 576995 101242 19803077 PERMANENT COLLECTION OF ART AND ARTIFACTS 8382903 RIGHT OF USE ASSET 22239 8405142 OPERATING LEASE LIABILITY 22239 22239 X 10851964 685597 371500 654470 1711567 9140397 116542 116542 9256939 9793950 371500 654470 1025970 8767980 116542 116542 8884522 PART III, LINE 4: THE COLLECTIONS AT THE FRICK ARE AT THE CENTER OF THE MUSEUM'S MISSION TO SERVE THE PUBLIC THROUGH PRESERVATION, PRESENTATION AND INTERPRETATION OF FINE AND DECORATIVE ARTS AND HISTORICALLY SIGNIFICANT ARTIFACTS. ENCOMPASSING FINE AND DECORATIVE ARTS, CARRIAGES, CARS, BUILDING AND EPHEMERA RELATED TO THE PITTSBURGH FAMILY LIFE OF GILDED AGE INDUSTRIALIST HENRY CLAY FRICK, THESE COLLECTIONS FORM THE CORE OF WHAT IS NOW DISPLAYED IN THE EXHIBITION VENUES. PART V, LINE 4: THE FRICK'S ENDOWMENT CONSISTS OF VARIOUS INVESTMENT FUNDS ESTABLISHED OR DESIGNATED PRIMARILY FOR SUPPORT OF THE ORGANIZATION'S MISSION. ITS ENDOWMENT INCLUDES DONOR-RESTRICTED ENDOWMENT FUNDS AND THOSE DESIGNATED BY THE BOARD. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE FRICK TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THE BOARD OF THE FRICK HAS ELECTED TO BE GOVERNED BY THE COMMONWEALTH OF PENNSYLVANIA'S ACT 141 (ACT 141) FOR THE DONOR-RESTRICTED ENDOWMENT FUNDS. ACT 141 PERMITS ELECTION OF A TOTAL RETURN POLICY THAT ALLOWS A NONPROFIT TO CHOOSE TO TREAT A PERCENTAGE OF THE AVERAGE MARKET VALUE OF THE ENDOWMENT'S INVESTMENTS WITH DONOR RESTRICTION AS INCOME EACH YEAR. HOWEVER, THE LONG-TERM PRESERVATION OF THE REAL VALUE OF THE ASSETS MUST BE TAKEN INTO CONSIDERATION WHEN THE BOARD ELECTS THE AMOUNT. THE FRICK HAS ELECTED A POLICY THAT REQUIRES THE CORPUS OF THE NET ASSETS WITH DONOR RESTRICTION TO BE MAINTAINED, NOTWITHSTANDING INVESTMENT PERFORMANCE TO THE CONTRARY. IN ACCORDANCE WITH ACT 141, THE FRICK HAS ADOPTED A WRITTEN INVESTMENT POLICY, OF WHICH A SECTION SPECIFICALLY RELATES TO THE ENDOWMENT FUND. THE FRICK CONSIDERS THE FOLLOWING FACTORS IN MAKING A DETERMINATION TO SET A SPENDING RATE FOR BOTH THE DONOR-RESTRICTED AND BOARD-DESIGNATED ENDOWMENT FUNDS: 1. PROTECTING THE CORPUS OF THE ENDOWMENT FUND. 2. PRESERVING THE SPENDING POWER OF THE ASSETS. 3. OBTAINING MAXIMUM INVESTMENT RETURN WITH REASONABLE RISK AND OPERATIONAL CONSIDERATION. 4. COMPLYING WITH APPLICABLE LAWS. THE FRICK HAS NOT ADOPTED ACT 141 FOR THE FUNDS THAT ARE BOARD-DESIGNATED FOR ENDOWMENT. THESE FUNDS ARE MONITORED BY THE INVESTMENT COMMITTEE OF THE BOARD UNDER OPERATION OF THE INVESTMENT POLICY AND DISTRIBUTIONS ARE DETERMINED ON AN ANNUAL BASIS. RETURN OBJECTIVES AND RISK PARAMETERS - THE FRICK HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A REASONABLE LEVEL OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO ENHANCE THE PURCHASING POWER OF THE FUND'S CORPUS BY STRIVING FOR LONG-TERM GROWTH. ENDOWMENT ASSETS INCLUDE THOSE ASSETS OF DONOR-RESTRICTED FUNDS THAT THE ORGANIZATION MUST HOLD IN PERPETUITY OR FOR A DONOR SPECIFIED PERIOD, AND BOARD-DESIGNATED ENDOWMENT FUNDS. UNDER THIS POLICY, AS APPROVED BY THE BOARD, THE ENDOWMENT ASSETS ARE INVESTED IN A MANNER THAT IS INTENDED TO PRODUCE RESULTS THAT EXCEED THE PRICE AND YIELD RESULTS OF A BLENDED BENCHMARK OF EQUITY, FIXED INCOME, PRIVATE EQUITY AND OTHER LONG-TERM INVESTMENTS. STRATEGIES EMPLOYED FOR ACHIEVING OBJECTIVES - TO SATISFY ITS LONG-TERM RATE-OF-RETURN OBJECTIVES, THE FRICK RELIES ON A TOTAL RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECIATION (REALIZED AND UNREALIZED) AND CURRENT YIELD (INTEREST AND DIVIDENDS). THE FRICK TARGETS A DIVERSIFIED ASSET ALLOCATION TO ACHIEVE ITS LONG-TERM RETURN OBJECTIVES WITHIN PRUDENT RISK CONSTRAINTS. THE INVESTMENT COMMITTEE, WITH COUNSEL FROM INVESTMENTS ADVISERS, ESTABLISHES INVESTMENT POLICY, INCLUDING ASSET ALLOCATION. SPENDING POLICY AND INVESTMENT OBJECTIVES RELATED TO SPENDING POLICY - THE FRICK ANNUALLY TRANSFERS UP TO APPROXIMATELY 5% OF THE PREVIOUS 12 QUARTERS' MARKET VALUE AVERAGE OF THE BOARD-DESIGNATED ENDOWMENT FUND TO UNDESIGNATED NET ASSETS WITHOUT DONOR RESTRICTIONS FOR USE IN CURRENT AND FUTURE OPERATIONS. THE PERCENTAGE IS APPLIED TO THE 12-QUARTER AVERAGE MARKET VALUE OF THE INVESTMENTS AT DECEMBER 31 OF THE PREVIOUS YEAR. THE MAXIMUM DRAW FOR THE YEARS ENDED MARCH 31, 2025 AND 2024 WAS APPROXIMATELY $3,909,000 AND $3,899,000, RESPECTIVELY. DURING THE YEAR ENDED MARCH 31, 2025, THE DRAWDOWN OF ENDOWMENT NET ASSETS APPROXIMATED $3,909,000. IN ADDITION, THE FRICK USES BOARD-DESIGNATED ENDOWMENT FUNDS TO SUPPORT THE GENERAL OPERATIONS. AMOUNTS INVESTED IN THE ENDOWMENT OR DRAWN FROM THE ENDOWMENT ON AN ANNUAL BASIS ARE INCLUDED IN THE LINE DESIGNATED FOR ENDOWMENT. THE FRICK BELIEVES THAT THIS SPENDING POLICY IS CONSISTENT WITH THE FRICK'S OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS HELD IN PERPETUITY AS WELL AS TO PROVIDE ADDITIONAL REAL GROWTH THROUGH NEW GIFTS AND INVESTMENT RETURN. THE DRAW FOR FISCAL YEAR ENDING MARCH 31, 2026 IS EXPECTED TO BE APPROXIMATELY $3,744,000. PART X, LINE 2: THE FRICK ACCOUNTS FOR UNCERTAIN TAX POSITIONS ACCORDING TO THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (CODIFICATION) TOPIC INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE FRICK HAS MADE THE ASSESSMENT AND, AS OF MARCH 31, 2025 AND 2024, HAS DETERMINED THERE ARE NO LIABILITIES FOR UNCERTAIN TAX POSITIONS REQUIRED TO BE RECORDED. THE FRICK BELIEVES THAT IT IS NO LONGER SUBJECT TO EXAMINATION OF ITS TAX RETURNS FOR YEARS BEFORE 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 363,620. SPECIAL EVENT EXPENSES 290,850. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 363,620. SPECIAL EVENT EXPENSES 290,850. X X X X X X 1 L ANDERSON CONSULTING LLC 282 MAIN STREET PITTSBURGH PA 15201 GRANT WRITING - NEW RACP & ARAD GRANTS 0 2265000 21020 2243980 2265000 21020 2243980 PA FETE 686055 540000 146055 86071 92801 47207 64771 686055 540000 146055 86071 92801 47207 64771 290850 -144795 X X X X X 0 0 0 0 0 0 0 0 0 ELIZABETH BARKER EXECUTIVE DIRECTOR (EXITED 12/24) 276754 0 0 0 945 0 17744 0 13697 0 309140 0 0 0 ROBERT HENNINGER DIRECTOR OF OPERATIONS 96949 0 10000 0 925 0 7181 0 39059 0 154114 0 0 0 X 4 35376 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE NUMBER SHOWN IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS FOR EACH TYPE OF PROPERTY FOR THE YEAR ENDED MARCH 31, 2025. FORM 990 PART III LINE 1 THE FRICK PITTSBURGH IS THE STEWARD OF COLLECTIONS OF FINE AND DECORATIVE ARTS, VEHICLES, HISTORIC OBJECTS, AND BUILDINGS LEFT AS A LEGACY TO THE PEOPLE OF PITTSBURGH BY HELEN CLAY FRICK, DAUGHTER OF INDUSTRIALIST AND ART COLLECTOR HENRY CLAY FRICK. IN FY25 (APRIL 2024-MARCH 2025), IN SUPPORT OF OUR MISSION TO FURTHER THE VISION OF HELEN CLAY FRICK, OUR 10-ACRE GARDEN CAMPUS HOSTED AN EXTENSIVE ROSTER OF EXHIBITIONS, PROGRAMS, AND EVENTS SPANNING ART, HISTORY, AND NATURE TO THE INSPIRATION AND DELIGHT OF OUR VISITORS. IN FY25, THE FRICK PITTSBURGH: -WELCOMED 139,000 VISITORS -SHARED THREE DISTINCT EXHIBITIONS WITH 53,000 GUESTS -PRESENTED BLOCKBUSTER EXHIBITION, "VERMEER, MONET, REMBRANDT: FORGING THE FRICK COLLECTIONS IN PITTSBURGH & NEW YORK," THE BEST-ATTENDED EXHIBITION IN THE FRICK'S 54-YEAR HISTORY WITH A TOTAL OF 45,000 GUESTS ATTENDING IN SUMMER 2024 -COMPLETED PHASE 1 OF THE MULTI-PHASED CLAYTON EXTERIOR RESTORATION PROJECT -COMPLETED CLIMATE CONTROL REPAIRS TO FINE ART STORAGE IN THE FRICK ART MUSEUM -CELEBRATED SUMMER FRIDAYS AND FRICK WINTERFEST WITH 13,000 ATTENDEES -WELCOMED MORE THAN 3,000 SCHOOL CHILDREN ON CLASS VISITS -EARNED THE PENNSYLVANIA HISTORIC PRESERVATION BOARD VOTE TO RECOMMEND THE FRICK'S NATIONAL REGISTER APPLICATION FOR APPROVAL TO THE NATIONAL PARK SERVICE -WON A PA MUSEUMS HISTORY AWARD FOR THE NEW "GILDEN, NOT GOLDEN" TOUR OF CLAYTON -WON A 2024 LEADERSHIP IN HISTORY AWARD FROM THE AMERICAN ASSOCIATION FOR STATE AND LOCAL HISTORY (AASLH) -COLLABORATED WITH 16 DIFFERENT COMMUNITY SCHOLARS AND EXPERTS ON EXHIBITION PLANNING AND PRESENTATION -OFFERED EXTENSIVE OUTREACH TO AREA SCHOOLS, DEVELOPING CUSTOMIZED PROGRAMS TO MEET THE SPECIAL NEEDS OF STUDENTS, MANY AT NO COST TO THE SCHOOLS FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL AND MAY EXERCISE, DURING INTERVALS BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, ALL OF THE POWERS OF THE BOARD OF TRUSTEES EXCEPT THAT THE EXECUTIVE COMMITTEE SHALL NOT HAVE THE POWER TO AMEND OR REPEAL THESE BYLAWS OR TO ADOPT NEW BYLAWS; TO FILL VACANCIES IN, CHANGE THE NUMBER OF, OR REMOVE MEMBERS OF THE BOARD OF TRUSTEES; OR TO DISSOLVE, REMOVE MEMBERS OR CHANGE THE NUMBER OF, OR FILL VACANCIES IN, THE EXECUTIVE COMMITTEE; OR TO AMEND OR REPEAL ANY RESOLUTION OF THE BOARD OF TRUSTEES WHICH BY ITS TERMS SHALL NOT BE AMENDABLE OR REPEALABLE. ANY ACTIONS OF THE EXECUTIVE COMMITTEE SHALL BE RATIFIED BY THE BOARD OF TRUSTEES AT ITS MEETING NEXT FOLLOWING THE ACTION. FORM 990, PART VI, SECTION A, LINE 2 THE FOLLOWING TRUSTEES ARE LINEAL DESCENDANTS OF HENRY CLAY FRICK AND THEREFORE STAND IN A FAMILIAL RELATIONSHIP WITH ONE ANOTHER: ALICE BURDEN, TRUSTEE; EDWARD H. DANE, TRUSTEE; WHITNEY S. MORGAN, TRUSTEE; NATALIE DELLA ROSA, TRUSTEE; SCOTT SYMINGTON, TRUSTEE; ISABEL TRAFTON, TRUSTEE. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT FORM 990, 990-T AND REQUIRED SCHEDULES ARE REVIEWED BY THE FRICK ART & HISTORICAL CENTER, INC.'S INTERNAL MANAGEMENT AS WELL AS THE AUDIT COMMITTEE. UPON COMPLETION OF THIS REVIEW, A COMPLETE COPY IS PROVIDED TO THE BOARD OF TRUSTEES IN ADVANCE OF FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, OFFICERS, DIRECTORS AND KEY EMPLOYEES RECEIVE A COPY OF THE FRICK ART & HISTORICAL CENTER, INC.'S CONFLICT OF INTEREST POLICY QUESTIONNAIRE AND DISCLOSURE FORM FOR COMPLETION. THE FORM INCLUDES REQUIREMENTS TO DISCLOSE POTENTIAL CONFLICTS THAT EXIST AT THE DATE OF COMPLETION AS WELL AS THE OBLIGATION BY THE INDIVIDUAL TO INFORM THE ORGANIZATION OF ANY POTENTIAL CONFLICTS THAT MAY ARISE IN THE FUTURE. THE COMPLETED AND SIGNED FORMS ARE REVIEWED BY THE FINANCE DEPARTMENT. ANY ITEMS OF NOTE ARE CALLED TO THE ATTENTION OF THE AUDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15A COMPARABILITY DATA REGARDING THE EXECUTIVE DIRECTOR'S COMPENSATION PACKAGE IS REVIEWED, AND THE EMPLOYEE'S COMPENSATION IS APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD, ALL OF WHOSE MEMBERS ARE INDEPENDENT OF ANY CONFLICT. COMPENSATION IS DOCUMENTED IN THE BOARD MINUTES AND A WRITTEN EMPLOYMENT CONTRACT. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE, IN ACCORDANCE WITH STATE LAW, BY CONTACTING THE PA ATTORNEY GENERAL'S OFFICE. FINANCIAL STATEMENTS ARE PUBLISHED IN THE FRICK'S ANNUAL REPORT AND AVAILABLE TO THE PUBLIC THROUGH THE PITTSBURGH GIVES WEBSITE. GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE ALSO ALL AVAILABLE BY REQUEST AT THE FRICK'S OFFICE. FORM 990, PART VII, EMERITUS TRUSTEES: THE FOLLOWING INDIVIDUALS SERVE AS EMERITUS TRUSTEES OF THE FRICK ART & HISTORICAL CENTER, INC. WITH NO VOTING RIGHTS: DAVID A. BROWNLEE, CHARLES BURKE, DAVID BURSTIN, DANFORTH P. FALES, THOMAS J. GILLESPIE, JR., CAROLYN B. REED, NANCY WASHINGTON, BETSY H. WATKINS. FORM 990, PART XI, QUESTION 2C, OVERSIGHT OF FINANCIAL STATEMENT AUDIT: THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AUDITED BY AN INDEPENDENT ACCOUNTING FIRM. IN ADDITION, THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT ASSUMES THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND ITS SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.