2025-10-30T08:01:54-05:00 2024-12-31 161131146 BONADIO & CO LLP 6 WEMBLEY CT ALBANY NY 12205 990 2024-01-01 141401101 THE HYDE COLLECTION TRUST HYDE 5187921761 161 WARREN STREET GLENS FALLS NY 12801 JOHN LEFNER CHIEF EXECUTIVE OFFICER 5187921761 2025-10-23 1 0 KEVIN TESTO P01435881 5184644080 2025-10-23 2024 2025-03-06 01:10:19Z JOHN LEFNER 161 WARREN STREET GLENS FALLS NY 12801 3471644 0 X WWW.HYDECOLLECTION.ORG X 1952 NY THE HYDE COLLECTION'S MISSION IS TO DEVELOP AND HIGHLIGHT A COLLECTION OF INTERNATIONAL IMPORTANCE, CREATE EXHIBITIONS OF REGIONAL AND NATIONAL SIGNIFICANCE, AND PROVIDE INVIGORATING EDUCATIONAL PROGRAMS TO ITS CORE LOCAL AUDIENCES AND COMMUNITIES. 18 18 31 18 0 0 1821461 1786899 94922 91687 324290 519760 50223 -178906 2290896 2219440 0 0 0 0 1009378 1159552 0 0 240755 1552734 1330664 2562112 2490216 -271216 -270776 13847972 14214801 92093 142609 13755879 14072192 THE HYDE COLLECTION'S MISSION IS TO DEVELOP AND HIGHLIGHT A COLLECTION OF INTERNATIONAL IMPORTANCE, CREATE EXHIBITIONS OF REGIONAL AND NATIONAL SIGNIFICANCE, AND PROVIDE INVIGORATING EDUCATIONAL PROGRAMS TO ITS CORE LOCAL AUDIENCES AND COMMUNITIES. 0 0 1415761 DISPLAY, MAINTENANCE AND CONSERVATION OF THE ART COLLECTION, INCLUDING EXHIBITIONS AND EDUCATION PROGRAMS. 205585 30907 COMMUNICATION, PROMOTION, AND PUBLICATION OF PROGRAMS, SERVICES, EXHIBITION CATALOGS, AND MUSEUM NEWS. 163593 60780 MEMBER AND VISITOR SERVICES: TO MEET THE NEEDS OF MEMBERS AND VISITORS TO THE MUSEUM 1784939 1 1 0 0 0 0 0 1 0 1 1 0 0 1 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 26 0 1 31 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 18 18 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X JOHN LEFNER 5187921761 161 WARREN STREET GLENS FALLS NY 12801 JASON C WARD CHAIR 1.00 X X 0 0 0 CARL DEBRULE VICE CHAIR 1.00 X X 0 0 0 DEBRA SMITH TREASURER 1.00 X X 0 0 0 CHELSEA HOOPES SILVER TRUSTEE 1.00 X 0 0 0 INDIA ADAMS TRUSTEE 1.00 X 0 0 0 JAMES R BURKETT ESQ TRUSTEE 1.00 X 0 0 0 BELINDA COLON TRUSTEE 1.00 X 0 0 0 ELLEN-DEANE CUMMINS TRUSTEE 1.00 X 0 0 0 ELIZABETH DUBBEN TRUSTEE 1.00 X 0 0 0 ANNE MORRIS TRUSTEE 1.00 X 0 0 0 FRANCINE NEMER TRUSTEE 1.00 X 0 0 0 MARY W RENZ TRUSTEE 1.00 X 0 0 0 CRAIG SEYBOLT TRUSTEE 1.00 X 0 0 0 ANDREW PARSONS TRUSTEE 1.00 X 0 0 0 ARDITH RUSSELL TRUSTEE 1.00 X 0 0 0 BETSY OLMSTED TRUSTEE 1.00 X 0 0 0 CHRISTINA GERARDE TRUSTEE 1.00 X 0 0 0 NEAL STIMLER TRUSTEE 1.00 X 0 0 0 JOHN LEFNER CHIEF EXECUTIVE OFFICER 40.00 X 160000 0 9600 160000 0 9600 1 0 1 0 0 132659 342557 138150 1173533 49151 1786899 ADMISSIONS 611710 60780 60780 EDUCATION 611600 30907 30907 91687 154667 154667 1394288 1029195 365093 365093 365093 28500 342557 219137 -190637 -190637 10038 3872 6166 6166 OTHER REVENUE 561000 5565 5565 5565 2219440 91687 0 340854 169600 118720 50880 835824 593511 108077 134236 70902 50394 13003 7505 83226 51018 17394 14814 71187 71187 43928 43928 119856 82148 37708 58666 53269 5397 21562 14813 453 6296 134738 125441 6602 2695 4088 3887 164 37 22366 13761 6345 2260 520 520 228453 212690 11194 4569 91161 86330 3464 1367 ART CONSERVATION 145452 145452 PLANT & SECURITY 144261 135606 6203 2452 EXHIBITION 142770 142770 PRINTING 45382 33491 2678 9213 56274 40358 11485 4431 2490216 1784939 464522 240755 491598 400040 100077 424749 10202 10146 2845 24973 11346040 7890731 3592389 3455309 6776690 6980714 2874171 2918870 13847972 14214801 64937 142609 27156 92093 142609 X 3884302 4086223 9871577 9985969 13755879 14072192 13847972 14214801 X -270776 321653 265436 X X 0 1 X 1 0 X 1347829 1329327 1100932 1821461 1815399 7414948 1347829 1329327 1100932 1821461 1815399 7414948 511201 6903747 96191 322179 139504 121800 154667 834341 8249289 343441 0.83690 0.88490 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 6160400 6160400 6160400 6160400 6160400 6160400 6160400 6160400 5880400 280000 6160400 0.67534 0.32465 0 0 70103 70103 5465601 4547338 918263 4591819 2266008 2325811 1127144 1077385 49759 91373 91373 3455309 BENEFICIAL INTEREST IN CHARITABLE TRUST 2908258 UNDEPOSITED FUNDS 10612 2918870 2981738 321653 265436 587089 2394649 43928 -219137 -175209 2219440 2665425 219137 219137 2446288 43928 43928 2490216 PART III, LINE 4: THE PERMANENT COLLECTION CONSISTS OF APPROXIMATELY 3,000 OBJECTS INCLUDING EUROPEAN OLD MASTERS, AMERICAN ART, AND TWENTIETH CENTURY ART. THE COLLECTION ALSO INCLUDES IMPORTANT EUROPEAN ANTIQUE FURNITURE AND DECORATIVE ARTS OF ITALIAN RENAISSANCE, CONTINENTAL BAROQUE, AND FRENCH EIGHTEENTH CENTURY ORIGIN. HYDE HOUSE, CUNNINGHAM HOUSE, AND HOOPES HOUSE ARE ALL LISTED ON THE NATIONAL REGISTER OF HISTORIC PLACES. THE ORGANIZATION IS A MUSEUM OPEN TO THE PUBLIC 4 DAYS PER WEEK, YEAR ROUND. THE ORGANIZATION SPONSORS MAJOR EXHIBITIONS, EDUCATIONAL PROGRAMS, AND HAS VOLUNTEERS AVAILABLE DAILY TO ENHANCE THE MUSEUM EXPERIENCE FOR VISITORS. PART V, LINE 4: TO PROVIDE REVENUE FOR THE ONGOING OPERATION OF THE ORGANIZATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF BENEFICIAL TRUST 265,436. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT DIRECT EXPENSE -219,137. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS DIRECT EXPENSE 219,137. SCHEDULE D PART VI LAND RELATES TO THREE PROPERTIES. THE HYDE HOUSE WAS OWNED BY LOUIS HYDE. THE CUNNINGHAM HOUSE AND THE HOOPES HOUSE, WERE OWNED BY TWO SISTERS OF CHARLOTTE HYDE. THE MAIN BUILDING, KNOWN AS HYDE HOUSE, HOUSES THE MUSEUM ITSELF, VARIOUS GALLERIES FOR PERMANENT AND TEMPORARY EXHIBITIONS, A SMALL THEATER SPACE, AND AN EDUCATION WING. THE CUNNINGHAM HOUSE HOUSES THE ADMINISTRATIVE OFFICES OF THE ORGANIZATION. THE HOOPES HOUSE IS CURRENTLY USED FOR STORAGE, BUT LONG RANGE PLANS INCLUDE EXPANDED EXHIBITION SPACE AND MEETING FACILITIES. ALL BUILDINGS ARE LISTED ON THE NATIONAL REGISTER OF HISTORICAL PLACES. EQUIPMENT CONSISTS OF OFFICE FURNITURE, DISPLAY EQUIPMENT, BENCHES, TABLES, CARPETING, SECURITY EQUIPMENT, SIGNAGE, SOUND EQUIPMENT, ETC. ANNUAL GALA 320488 297448 23040 50051 57463 45200 8730 41494 LUNCHEON 50569 45109 5460 2842 13357 371057 342557 28500 52893 70820 45200 8730 41494 219137 -190637 X 1 0 X X 0 0 0 0 0 0 0 0 0 JOHN LEFNER CHIEF EXECUTIVE OFFICER 160000 0 0 0 0 0 9600 0 0 0 169600 0 0 0 X AUCTION ITEMS 0 49151 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 MARY RENZ, A BOARD MEMBER, HAS A FAMILY RELATIONSHIP WITH THE HYDE FAMILY. CHELSEA HOOPES SILVER, A BOARD MEMBER, HAS A FAMILY RELATIONSHIP WITH THE HYDE FAMILY. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD CHAIRMAN, DIRECTOR, TREASURER AND FINANCIAL OFFICER REVIEW FORM 990 PRIOR TO FILING. AFTER THE 990 IS REVIEWED, IT IS PRESENTED TO THE FINANCE COMMITTEE FOR FINAL APPROVAL. AFTER FILING, COPIES OF FORM 990 ARE AVAILABLE TO ALL MEMBERS OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C IN ADDITION TO FILING AN ANNUAL WRITTEN CONFLICT OF INTEREST DISCLOSURE STATEMENT, ALL TRUSTEES AND EMPLOYEES OF THE HYDE COLLECTION ARE REQUIRED, UNDER THE CONFLICT OF INTEREST POLICY, TO DISCLOSE ANY ACTIONS THAT MAY EVEN APPEAR TO CONSTITUTE A CONFLICT OF INTEREST TO THE BOARD CHAIRMAN, THE DIRECTOR, OR IF DISCLOSURE IS MADE DURING A COMMITEE MEETING, THE COMMITTEE CHAIRMAN. IN THE CONTEXT OF BOARD DECISION MAKING, A MAJORITY OF THE DISINTERESTED TRUSTEES PRESENT AT A MEETING WHERE A DISCLOSURE OF POTENTIAL CONFLICT OF INTEREST TAKES PLACE WILL DECIDE THE EXTENT OF PARTICIPATION OF THE PARTIES INVOLVED, AND SUCH DECISION WILL BE DOCUMENTED IN THE MINUTES OF THE MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE, A STANDING COMMITTEE OF THE BOARD OF TRUSTEES, REVIEWS AND SETS THE CEO'S SALARY. THE REVIEW INCLUDES COMPARISON WITH COMPENSATION DATA FOR COMPARABLE POSITIONS AT SIMILAR INSTITUTIONS. THE RESULTS OF THE REVIEW PROCESS ARE RECORDED CONTEMPORANEOUSLY. THE CEO IS CHARGED WITH ANALYZING AND SETTING THE SALARIES OF THE EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC, UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF BENEFICIAL TRUST 265,436. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE HYDE MANAGEMENT COMPANY 161 WARREN ST GLENS FALLS NY 12801 141713384 OPERATION OF THE PHYSICAL PLANT OF THE HYDE MUSEUM NY 501(C)(3) LINE 7 THE HYDE COLLECTION TRUST 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 THE HYDE MANAGEMENT COMPANY P 520 CHARGE OF BOND INTEREST