2024-02-27T13:20:21-06:00 2023-06-30 420714325 RSM US LLP 30 SOUTH 17TH STREET SUITE 710 PHILADELPHIA PA 19103 990 2023-01-01 236000149 THE BARNES FOUNDATION BARN 2152787000 2025 BENJAMIN FRANKLIN PARKWAY PHILADELPHIA PA 19130 MARYANNE MURPHY CHIEF FINANCIAL OFFICER 2152787000 2024-02-26 1 MARYANNE MURPHY 999009999 0 MICHELLE O'NEILL P01372721 2157654600 2024-02-16 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z THOMAS COLLINS 2025 BENJAMIN FRANKLIN PARKWAY PHILADELPHIA PA 19130 36052617 0 X WWW.BARNESFOUNDATION.ORG X EDUCATIONAL INSTITUTION 1922 PA TO BE A LEADING FORUM FOR THE EXPLORATION OF THE ARTS, IDEAS, AND HISTORIES REPRESENTED IN ITS CORE COLLECTIONS. THE BARNES MANIFESTS THIS COMMITMENT BY TEACHING VISUAL LITERACY THROUGH THE BARNES-DE-MAZIA METHOD; SUPPORTING ADVANCED SCHOLARSHIP ON ITS COLLECTIONS AND RELATED SUBJECTS; SHARING COMPELLING INTERPRETIVE STRATEGIES; AND OFFERING INCLUSIVE CULTURAL AND EDUCATIONAL EXPERIENCES ON-SITE, ONLINE, AND IN THE COMMUNITIES IT SERVES. CENTRAL TO THE BARNES FOUNDATION'S MISSION IS THE ENCOURAGEMENT OF EVER-DEEPER UNDERSTANDING AND ENJOYMENT OF ITS COLLECTIONS BY DIVERSE LOCAL, NATIONAL, AND INTERNATIONAL AUDIENCES. 15 15 0 112 765177 0 24907805 4717818 6091656 3010067 4523464 2508608 567178 479454 36090103 10715947 0 0 0 0 14709229 7909755 344678 180457 1706228 16033176 7081895 31087083 15172107 5003020 -4456160 225939673 228076186 2415253 2611689 223524420 225464497 X TO PROMOTE THE ADVANCEMENT OF EDUCATION AND THE APPRECIATION OF THE FINE ARTS AND HORTICULTURE. TO MAINTAIN AN ART GALLERY CONTAINING WORKS OF ANCIENT AND MODERN ART. 0 0 4080018 22302 THE FOUNDATION ENGAGES IN AN ACTIVE PROGRAM OF COLLECTION CARE AND CONSERVATION. THE BARNES ART COLLECTION COMPRISES OVER 8,000 WORKS OF FINE AND DECORATIVE ARTS, INCLUDING PAINTINGS, FRAMES, WORKS ON PAPER, FURNITURE, AND DECORATIVE METALWORK. THE FOUNDATION'S PHILADELPHIA FACILITY INCLUDES A STATE-OF-THE-ART PAINTING CONSERVATION LAB. FY23 FEATURED AN EXHIBITION OF WORKS BY SOUTH AFRICAN ARTISTS SUE WILLIAMSON & LEBOHANG KGANYE, TELL ME WHAT YOU REMEMBER. CURATED BY EMMA LEWIS OF TURNER CONTEMPORARY IN MARGATE, ENGLAND, THE EXHIBITION PAIRED THE WORKS OF ARTISTS, SUE WILLIAMSON, AN ACTIVIST AND ORGANIZER IN THE WOMEN'S MOVEMENT FOR PEACE, A MULTI-RACIAL ANTI-APARTHEID GROUP, WITH LEBOHANG KGANYE, A WOMAN BORN POST-APARTHEID NEAR THE TOWNSHIP OF SOWETO, ONCE HOME TO NELSON MANDELA AND ARCHBISHOP DESMOND TUTU. THE EXHIBITION FEATURED BODIES OF WORK ACROSS PHOTOGRAPHY, SCULPTURE, VIDEO, AND INSTALLATION. THE EXHIBITION CLOSED IN MAY 2023.EXPENSES FOR COLLECTIONS CARE INCLUDES A PRO-RATA SHARE OF DEPRECIATION AND OTHER FACILITY COSTS. 4903933 2469772 THE FOUNDATION'S PERMANENT COLLECTION GALLERY IN PHILADELPHIA WELCOMED NEARLY 100,000 GUESTS IN THE SIX-MONTH PERIOD ENDING JUNE 30, 2023. THE FOUNDATION IS OPEN TO THE PUBLIC FIVE DAYS PER WEEK (THURSDAY THROUGH MONDAY). A RETAIL STORE SELLS REPRODUCTIONS, PUBLICATIONS AND OTHER ITEMS RELATED TO THE ART COLLECTION. THE FOUNDATION ALSO PROVIDES ENTERTAINING PRIVILEGES TO ITS MEMBERS, HOSTING 37 SPECIAL EVENTS DURING FY23.THE BARNES PRESENTED A NUMBER OF IN-PERSON PROGRAMS IN FY23, INCLUDING FIRST FRIDAYS, PECO FREE FIRST SUNDAY FAMILY DAYS, YOUNG PROFESSIONALS' NIGHTS, AS WELL AS TODDLER PALOOZA - A SPECIAL FAMILY-ORIENTED EVENT FOR THE YOUNGEST ASPIRING ARTISTS.PROGRAM EXPENSES FOR VISITATION INCLUDES A PRO-RATA SHARE OF DEPRECIATION AND OTHER FACILITY COSTS FOR ALL LOCATIONS. 1658062 189526 THE BARNES-DE MAZIA PROGRAM BUILDS ON DR. BARNES'S GROUNDBREAKING APPROACH TO TEACHING VISUAL LITERACY AND THE CURRICULUM HE DEVELOPED WITH VIOLETTE DE MAZIA AND JOHN DEWEY, WHICH EMPHASIZES THE FORMAL ANALYSIS OF ART AND REFLECTS PROGRESSIVE EDUCATION PHILOSOPHIES OF THE 1920S. THE BARNES-DE MAZIA ADULT EDUCATION PROGRAM CONTINUED TO EXPERIENCE GREAT SUCCESS WITH ONLINE CLASSES IN 2022, ENABLING THE BARNES TO ENGAGE LARGE AND DIVERSE AUDIENCES, WITH CLASS SIZE NO LONGER LIMITED BY BUILDING CAPACITY OR GEOGRAPHICAL DISTANCE. DURING THE FIRST SIX MONTHS OF 2023, 965 STUDENTS PARTICIPATED IN 24 ONLINE CLASSES, WHILE 169 STUDENTS ATTENDED 17 IN-PERSON CLASSES. THE BARNES ALSO PROVIDED 130 NEED-BASED SCHOLARSHIPS. PROGRAM EXPENSES FOR EDUCATION INCLUDES A PRO-RATE SHARE OF DEPRECIATION AND OTHER FACILITY COSTS. 10642013 1 1 0 0 0 0 0 1 0 1 1 1 0 0 0 1 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA CO CT DC DE FL GA IL MA MD MN NC NH NJ NY OH PA SC TN VA WA WI X X MARYANNE MURPHY 2152787000 2025 BENJAMIN FRANKLIN PARKWAY PHILADELPHIA PA 19130 JOHN J AGLIALORO TRUSTEE 1.00 0.00 X 0 0 0 ARMANDO I BENGOCHEA PHD TRUSTEE 1.00 0.00 X 0 0 0 SHELDON M BONOVITZ ESQ TRUSTEE 1.00 1.00 X 0 0 0 PAMELA D BUNDY TRUSTEE 1.00 0.00 X 0 0 0 GREGORY E DEAVENS TRUSTEE 1.00 0.00 X 0 0 0 DAVID A FLEISCHNER TRUSTEE 1.00 0.00 X 0 0 0 JEFFREY A HONICKMAN TRUSTEE 1.00 0.00 X 0 0 0 CATHERINE HUGHES TRUSTEE 1.00 0.00 X 0 0 0 JOHN H MCFADDEN ESQ TRUSTEE 1.00 0.00 X 0 0 0 JOSEPH NEUBAUER TRUSTEE 1.00 1.00 X 0 0 0 CHRISTINE POGGI PHD TRUSTEE 1.00 0.00 X 0 0 0 AILEEN KENNEDY ROBERTS CHAIR, TRUSTEE 1.00 1.00 X X 0 0 0 JOHN R ALCHIN VICE CHAIR, TRUSTEE 1.00 1.00 X X 0 0 0 STEPHEN J HARMELIN ESQ TREASURER, TRUSTEE 1.00 1.00 X X 0 0 0 THE HON JACQUELINE F ALLEN SECRETARY, TRUSTEE 1.00 1.00 X X 0 0 0 THOMAS COLLINS EXECUTIVE DIRECTOR & PRESIDENT 40.00 0.00 X 0 0 0 SARA GEELAN DEP DIR, GEN COUNSEL, ASST SECRETARY 40.00 0.00 X 0 0 0 MARGARET B ZMINDA EXECUTIVE VP, CFO & COO 32.00 0.00 X 0 0 0 0 0 0 0 0 0 0 0 4717818 4717818 ADMISSIONS 900099 1432573 1432573 MEMBERSHIP 900099 780490 780490 EVENTS AND CATERING 900099 585176 571977 13199 EDUCATION 611600 189526 189526 PUBLICATIONS 900004 22302 22302 3010067 923719 923719 26558863 24973974 1584889 1584889 1584889 776989 362696 414293 221093 193200 MISCELLANEOUS INCOME 900099 35616 35616 LICENSING & MERCHANDISING 900099 29545 29545 65161 10715947 2681600 765177 2551352 953115 364245 414941 173929 5541233 3747237 1048513 745483 163151 103746 36474 22931 733901 466681 164071 103149 518355 329617 115884 72854 147376 147376 79277 79277 180457 180457 285740 285740 724948 472121 197786 55041 308629 308629 88104 38676 33868 15560 267270 185022 55572 26676 5069 4876 193 1095076 1057179 37344 553 111163 90244 13923 6996 84096 52707 16105 15284 2702884 2597678 103907 1299 289685 247814 24079 17792 POSTAGE & PRINTING 213452 128681 2171 82600 CREDIT CARD/BANK FEES 172830 123090 18201 31539 EVENTS 156754 21936 163 134655 CONSERVATION & EXHIBITI 138111 138111 211431 163723 28471 19237 15172107 10642013 2823866 1706228 1849074 1113225 12122503 10719406 82651 42356 1431446 1485403 1007646 1633973 149902623 63874235 88071465 86028388 98042336 102113965 17490276 19073650 5842276 5865820 225939673 228076186 1439155 1595624 976098 1016065 2415253 2611689 X 109038281 106149969 114486139 119314528 223524420 225464497 225939673 228076186 -4456160 6396237 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 115386388 1725201 8559336 4660000 121010925 129327745 9015647 -16178004 6779000 115386388 108204895 10763474 15531100 5171724 129327745 92782521 9269469 10841454 4688549 108204895 72037281 10587944 13679829 3522533 92782521 0.11750 0.88250 0.00000 1 0 155589 155589 142531967 58948203 83583764 2084629 1197797 886832 5130438 3728235 1402203 86028388 ALTERNATIVE INVESTMENTS 19073650 F 19073650 X PART III, LINE 1A: THE FOUNDATION OWNS A COLLECTION OF PAINTINGS, SCULPTURES, ANTIQUES AND OTHER OBJECTS OF ART. THE FOUNDATION HAS CAPITALIZED COLLECTION ITEMS PURCHASED DIRECTLY BY THE FOUNDATION AT COST, AND THOSE CONTRIBUTED OTHER THAN BY ITS FOUNDER AT THE FAIR MARKET VALUE ON THE DATE OF THE GIFT. SUBSTANTIALLY ALL OF THE COLLECTION OBJECTS WERE DONATED TO THE FOUNDATION BY ITS FOUNDER AND ARE RECORDED AT A $1 NOMINAL VALUE, IN ACCORDANCE WITH A RESOLUTION OF THE BOARD OF TRUSTEES AT THE TIME OF THE GIFT. THE FOUNDATION HAS DETERMINED THAT IT IS NOT PRACTICAL TO ESTABLISH A FAIR VALUE OF THE FOUNDER'S ORIGINAL CONTRIBUTION AS OF THE DATE OF THE GIFT BECAUSE RECORDS RELATING TO THE FAIR VALUE AT THE DATE OF THE CONTRIBUTION ARE UNRELIABLE OR DO NOT EXIST. PART III, LINE 4: THE FOUNDATION'S COLLECTIONS INCLUDE WORKS OF ANCIENT AND MODERN ART AND A SIGNIFICANT COLLECTION OF LIVING SPECIMENS OF TREES, PLANTS AND FLOWERS. THE WORKS OF ART THAT ARE DISPLAYED IN THE FOUNDATION'S GALLERY ARE AVAILABLE FOR VISITATION BY THE PUBLIC AND ARE ALSO USED TO CONDUCT EDUCATIONAL ACTIVITIES TO TEACH THE PRINCIPLES OF ART APPRECIATION ESTABLISHED BY ITS FOUNDER. THE LIVING COLLECTIONS ARE USED IN THE PROGRAMS TO TEACH PRINCIPLES OF AESTHETIC APPEAL OF PLANTS COMBINED WITH A BASE IN BOTANY, HORTICULTURE AND LANDSCAPE DESIGN. PART V, LINE 4: THE INCOME FROM THE FOUNDATION'S PERMANENTLY RESTRICTED ENDOWMENT FUNDS IS INTENDED TO SUPPORT THE FOUNDATION'S PROGRAM OF COLLECTION CARE, SCHOLARLY ACTIVITIES, EDUCATION AND UNRESTRICTED OPERATING COSTS. PART X, LINE 2: THE FOUNDATION IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE FOUNDATION QUALIFIES FOR CHARITABLE CONTRIBUTION DEDUCTIONS AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. INCOME, WHICH IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES. THE FOUNDATION DID NOT PAY ANY UNRELATED BUSINESS INCOME TAXES FOR THE PERIOD FROM JANUARY 1, 2023 THROUGH JUNE 30, 2023. MANAGEMENT HAS EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. CONSEQUENTLY, NO ACCRUAL FOR INTEREST AND PENALTIES WAS DEEMED NECESSARY FOR THE PERIOD FROM JANUARY 1, 2023 THROUGH JUNE 30, 2023. THE FOUNDATION FILES INCOME TAX RETURNS IN THE UNITED STATES FEDERAL JURISDICTION. GENERALLY, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE UNITED STATES FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2020. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ON NOVEMBER 12, 2010, THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES OF THE BARNES FOUNDATION FORMALLY REAFFIRMED THE FOUNDATION'S COMMITMENT TO PROVIDING EQUAL OPPORTUNITIES AND A POLICY OF NONDISCRIMINATION ON THE BASIS OF RACE, COLOR, SEX, SEXUAL ORIENTATION, GENDER IDENTITY, RELIGION, CREED, NATIONAL OR ETHNIC ORIGIN, CITIZENSHIP STATUS, AGE, DISABILITY, VETERAN STATUS OR ANY OTHER LEGALLY PROTECTED CLASS STATUS IN THE ADMINISTRATION OF ITS EDUCATIONAL PROGRAM ADMISSIONS, FINANCIAL AID, OR ANY OTHER BARNES FOUNDATION-ADMINISTERED EDUCATIONAL ACTIVITY OR RELATED EMPLOYMENT PRACTICES. THIS POLICY IS PUBLICLY DISSEMINATED AND PUBLICIZED ON THE BARNES'S WEBSITE AND IN EDUCATION-RELATED PRINTED MATERIALS, AND IS ANNUALLY PUBLISHED IN A GENERAL DISTRIBUTION NEWSPAPER SERVING THE PHILADELPHIA COMMUNITY. X X X X X X X 1 DANILLER COMPANY 3724 JEFFERSON ST 302 AUSTIN TX 78731 CONSULTANT FOR FUNDRAISING ACTIVITIES 0 251409 180457 70952 251409 180457 70952 CA CO CT DC DE FL GA IL MA MD MN NC NH NJ NY OH PA SC TN VA WA WI 1 X X 0 0 0 0 0 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE BARNES FOUNDATION 990 IS PREPARED BY AN INDEPENDENT FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. A DRAFT IS REVIEWED AND REVISED BY THE EXECUTIVE VICE PRESIDENT, CFO AND COO, THE DIRECTOR OF FINANCE AND THE GENERAL COUNSEL (MEMBERS OF MANAGEMENT). THE 990 IS THEN FINALIZED BY THE INDEPENDENT FIRM AND THE BARNES FOUNDATION SUBMITS THE DRAFT 990 FOR REVIEW TO ALL BOARD MEMBERS PRIOR TO FILING. AFTER A COMMENT PERIOD, FORM 990 IS SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C IN ADDITION TO REQUIRING EACH TRUSTEE, OFFICER AND KEY EMPLOYEE TO MAKE A DISCLOSURE OF ANY POSSIBLE PERSONAL, FAMILIAL, OR BUSINESS RELATIONSHIP THAT COULD GIVE RISE TO A CONFLICT OF INTEREST OR THE APPEARANCE OF A CONFLICT OF INTEREST, THE FOUNDATION'S CONFLICT OF INTEREST POLICY ALSO REQUIRES THE DISCLOSURE OF ANY CHANGE OF CIRCUMSTANCE THAT WOULD GIVE RISE TO CONFLICTS CONCERNS. MOREOVER, THE FOUNDATION HAS ADOPTED A WHISTLEBLOWER POLICY DESIGNED TO ENCOURAGE PROMPT DISCLOSURE BY TRUSTEES, OFFICERS AND EMPLOYEES OF ANY UNLAWFUL OR IMPROPER BEHAVIOR OR TRANSACTIONS, INCLUDING THOSE THAT RAISE POTENTIAL CONFLICT OF INTEREST CONCERNS. EACH YEAR ALL DIRECTORS, OFFICERS, TRUSTEES AND KEY EMPLOYEES ARE REMINDED OF THEIR OBLIGATIONS TO COMPLY WITH THE CONFLICT ON INTEREST POLICY AT THE ORGANIZATION'S ANNUAL MEETING AND PERIODICALLY AT OTHER TIMES DURING THE YEAR. IN ADDITION, THE BARNES TRAINED EMPLOYEES ON ETHICS AND THE PREVISION OF WORKPLACE HARASSMENT, AND MAINTAINED A THIRD-PARTY REPORTING SYSTEM TO ALLOW EMPLOYEES, CONTRACTORS, AND VOLUNTEERS TO ANONYMOUSLY REPORT INSTANCES OF HARASSMENT, SAFETY VIOLATIONS, BIAS, OR ANY OTHER CONCERN. TO DATE, NO REPORTS HAVE BEEN MADE IN THIS SYSTEM. FORM 990, PART VI, SECTION B, LINE 15 THE BARNES FOUNDATION PERFORMS A REVIEW OF THE COMPENSATION AND BENEFITS PACKAGE (INCLUDING FRINGE, RETIREMENT AND SEVERANCE BENEFITS) FOR CERTAIN EMPLOYEES AT THE TIME OF HIRE. THIS REVIEW RELIES UPON COMPARABILITY DATA TO DETERMINE WHETHER THE COMPENSATION ARRANGEMENT IN ITS ENTIRETY IS REASONABLE. FOR THIS PURPOSE, APPROPROPRIATE AND RELEVANT INFORMATION INCLUDES COMPENSATION PAID BY SIMILIARLY SITUATED TAX-EXEMPT AND TAXABLE ORGANIZATIONS FOR FUNCTIONALLY COMPARABLE POSITIONS. THIS REVIEW ALSO TAKES INTO ACCOUNT THE SIZE, REVENUE, GEOGRAPHIC LOCATION, STRUCTURE AND COMPLEXITY OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE BARNES FOUNDATION'S BY-LAWS, CHARTER, FINANCIAL STATEMENTS AND CERTAIN OTHER GOVERNING DOCUMENTS (E.G., CONFLICT OF INTEREST POLICY), ARE AVAILABLE FOR REVIEW UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D), DIRECTED TO THE FOLLOWING: GENERAL COUNSEL (A MEMBER OF MANAGEMENT), BARNES FOUNDATION, 2025 BENJAMIN FRANKLIN PARKWAY, PHILADELPHIA, PA 19130. CP 2023 1717 ARCH STREET SUITE 4050 PHILADELPHIA PA 19103 852458469 MUSEUM PLANNING PA 501(C)(3) LINE 12A, I THE BARNES FOUNDATION 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1