Form 990 for tax year 2022
Filed by THE NEW YORK PUBLIC LIBRARY ASTOR LENOX AND TILDEN FOUNDATIONS.
Totals
- Total revenue
- $394,312,630
- Total expenses
- $393,521,704
- Contributions and grants received
- $307,632,756
- Grants paid
- $2,197,916
- Program service revenue
- $596,923
- Investment income
- $78,422,399
- Other revenue
- $7,660,552
- Total assets, end of year
- $2,583,808,812
- Total liabilities, end of year
- $460,648,020
- Net assets or fund balances, end of year
- $2,123,160,792
- Program services expenses (Part IX)
- $338,659,220
- Management and general expenses
- $44,192,780
- Fundraising expenses
- $10,669,704
- Program service expenses (Part III)
- $338,659,220
Program services were 86.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$4,195,488
-
1e · Government grants (contributions)
$241,730,634
-
1f · All other contributions, gifts and grants
$61,706,634
-
1g · Noncash contributions included above
$4,181,648
-
2a · Program service revenue: PHOTOCOPY, MICROFILM
total $395,778 · related or exempt $395,778
-
2b · Program service revenue: FEES
total $158,143 · related or exempt $158,143
-
2c · Program service revenue: TICKET SALES
total $36,727 · related or exempt $36,727
-
2d · Program service revenue: INFORMATION SERVICES
total $6,275 · related or exempt $6,275
-
3 · Investment income
total $10,975,365 · unrelated business -$98,635 · excluded $11,074,000
-
5 · Royalties
total $103,261 · excluded $103,261
-
7a · Gross sales of assets other than inventory
securities $338,985,088 · other assets $81,477,337
-
7b · Less cost or other basis and sales expenses
securities $317,930,015 · other assets $35,085,376
-
7c · Gain or loss
securities $21,055,073 · other assets $46,391,961
-
7d · Net gain or loss
total $67,447,034 · unrelated business $414,320 · excluded $67,032,714
-
8a · Fundraising events: gross income
$104,900
-
8a · Fundraising events: contributions included on line 1c
$4,195,488
-
8b · Fundraising events: direct expenses
$251,109
-
8c · Net income from fundraising events
total -$146,209 · excluded -$146,209
-
10a · Gross sales of inventory
$6,348,900
-
10b · Cost of goods sold
$4,739,835
-
10c · Net income from sales of inventory
total $1,609,065 · related or exempt $1,039,757 · unrelated business $569,308
-
11a · Other revenue: FEE - USE OF SPACE
total $3,751,126 · unrelated business $258,632 · excluded $3,492,494
-
11b · Other revenue: UNIVERSAL SVCS REIMBUR
total $1,504,877 · excluded $1,504,877
-
11c · Other revenue: PUBLICATIONS
total $252,263 · related or exempt $252,263
-
11d · All other revenue
total $586,169 · related or exempt $586,169
-
11e · Other revenue, total
$6,094,435
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $104,988 · program services $104,988
-
2 · Grants to domestic individuals
total $2,092,928 · program services $2,092,928
-
5 · Compensation of officers, directors and key employees
total $9,982,141 · program services $4,372,790 · management and general $4,894,209 · fundraising $715,142
-
7 · Other salaries and wages
total $162,273,395 · program services $145,901,240 · management and general $12,646,873 · fundraising $3,725,282
-
8 · Pension plan contributions
total $13,626,986 · program services $12,154,777 · management and general $1,159,318 · fundraising $312,891
-
9 · Other employee benefits
total $36,388,749 · program services $31,561,727 · management and general $3,792,521 · fundraising $1,034,501
-
10 · Payroll taxes
total $12,547,564 · program services $10,969,710 · management and general $1,256,254 · fundraising $321,600
-
11b · Fees: legal
total $579,537 · management and general $579,537
-
11c · Fees: accounting
total $516,008 · management and general $516,008
-
11d · Fees: lobbying
total $69,242 · management and general $69,242
-
11e · Fees: professional fundraising services
total $141,367 · fundraising $141,367
-
11f · Fees: investment management
total $5,853,162 · management and general $5,853,162
-
11g · Fees: other
total $11,936,798 · program services $10,014,127 · management and general $1,178,964 · fundraising $743,707
-
12 · Advertising and promotion
total $3,419,879 · program services $748,633 · management and general $387,911 · fundraising $2,283,335
-
13 · Office expenses
total $6,994,513 · program services $6,740,749 · management and general $183,169 · fundraising $70,595
-
14 · Information technology
total $9,020,650 · program services $6,649,594 · management and general $2,199,553 · fundraising $171,503
-
16 · Occupancy
total $32,371,586 · program services $29,146,878 · management and general $2,505,603 · fundraising $719,105
-
17 · Travel
total $546,785 · program services $498,247 · management and general $30,123 · fundraising $18,415
-
19 · Conferences, conventions and meetings
total $560,228 · program services $523,681 · management and general $27,645 · fundraising $8,902
-
20 · Interest
total $9,093,503 · program services $7,734,036 · management and general $1,088,305 · fundraising $271,162
-
22 · Depreciation, depletion and amortization
total $28,446,280 · program services $28,016,138 · management and general $347,020 · fundraising $83,122
-
23 · Insurance
total $3,753,122 · program services $3,500,016 · management and general $241,039 · fundraising $12,067
-
24a · Other expenses: BOOKS AND BINDING
total $30,891,843 · program services $30,891,843
-
24b · Other expenses: BUILDING REPAIRS& RENOV
total $4,261,384 · program services $4,169,124 · management and general $92,260
-
24c · Other expenses: AUTO RELATED EXPENDITUR
total $390,533 · program services $390,533
-
24d · Other expenses: MEMBERSHIP DUES
total $321,848 · program services $302,258 · management and general $18,990 · fundraising $600
-
24e · All other expenses
total $7,336,685 · program services $2,175,203 · management and general $5,125,074 · fundraising $36,408
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $292,760 · end of year $314,568
-
2 · Savings and temporary cash investments
beginning of year $205,915,807 · end of year $168,980,355
-
3 · Pledges and grants receivable
beginning of year $90,489,407 · end of year $69,778,290
-
4 · Accounts receivable
beginning of year $659,077 · end of year $913,295
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $395,022 · end of year $797,068
-
9 · Prepaid expenses and deferred charges
beginning of year $9,894,929 · end of year $9,700,233
-
10a · Land, buildings and equipment: cost or other basis
$1,181,723,752
-
10b · Land, buildings and equipment: accumulated depreciation
$500,735,492
-
10c · Land, buildings and equipment, net
beginning of year $650,820,212 · end of year $680,988,260
-
11 · Investments: publicly traded securities
beginning of year $252,411,060 · end of year $225,780,636
-
12 · Investments: other securities
beginning of year $1,201,235,434 · end of year $1,314,438,751
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $120,808,948 · end of year $112,117,356
-
17 · Accounts payable and accrued expenses
beginning of year $80,835,968 · end of year $64,663,238
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $8,049,429 · end of year $9,348,812
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $392,977,052 · end of year $386,635,970
-
27 · Net assets without donor restrictions
beginning of year $1,012,071,987 · end of year $1,053,435,211
-
28 · Net assets with donor restrictions
beginning of year $1,038,988,220 · end of year $1,069,725,581
Mission and programs · 2022
Mission
THE MISSION OF THE NEW YORK PUBLIC LIBRARY IS TO INSPIRE LIFELONG LEARNING, ADVANCE KNOWLEDGE, AND STRENGTHEN OUR COMMUNITIES.
Activities or mission (Part I)
TO INSPIRE LIFELONG LEARNING, ADVANCE KNOWLEDGE, & STRENGTHEN OUR COMMUNITIES.
-
THE BRANCH LIBRARIES - THE SERVICES OF THE 88 BRANCH LIBRARIES EXTEND FAR BEYOND LENDING BOOKS AND MATERIALS. OUR BRANCHES ARE SAFE AND WELCOMING SPACES WHERE PATRONS ATTEND PROGRAMS, ACCESS COMPUTERS AND THE INTERNET, AND ENGAGE WITH THEIR COMMUNITIES. NYPL PROVIDES FREE, HIGH-QUALITY EDUCATION SUPPORT TO PATRONS OF ALL AGES THROUGH A VARIETY OF PROGRAMS, FROM AFTER SCHOOL ENRICHMENT AND TEEN SERVICES TO ENGLISH LANGUAGE CLASSES AND JOB SUPPORT. NYPL'S NEW CENTER FOR EDUCATORS & SCHOOLS HELPS EDUCATORS BRING THE LIBRARY'S COLLECTIONS AND EXPERTISE INTO THE CLASSROOM. VITAL COMMUNITY OUTREACH SERVICES ENGAGE NEW PATRONS, SUCH AS ASYLUM SEEKERS, AND CONNECT THEM TO CRITICAL LIBRARY RESOURCES. FOR MORE INFORMATION, SEE SCHEDULE O.
Expenses $218,204,235 · Grants $197,916 · Revenue $762,576
-
THE RESEARCH CENTERS - THE FOUR RESEARCH CENTERS - THE STEPHEN A. SCHWARZMAN BUILDING; THE THOMAS YOSELOFF BUSINESS CENTER; THE SCHOMBURG CENTER FOR RESEARCH IN BLACK CULTURE; AND THE LIBRARY FOR PERFORMING ARTS - CONTINUE TO EXPAND ACCESS TO OUR COLLECTIONS, WELCOME NEW AUDIENCES, AND INSPIRE THE NEXT GENERATION OF RESEARCHERS. DURING FISCAL YEAR 2023, THE RESEARCH CENTERS WELCOMED APPROXIMATELY 3.5 MILLION ON-SITE PATRONS AND SPONSORED MORE THAN 3,000 PROGRAMS WITH ALMOST 127,000 ATTENDEES. LIBRARY STAFF RESPONDED TO 180,000 REFERENCE INQUIRIES. THE LIBRARY'S COLLECTION HOLDS 47.4 MILLION ITEMS, PRIMARILY BOOK AND BOOK-LIKE MATERIALS BUT ALSO PERSONAL PAPERS, ARCHIVES, PHOTOGRAPHS, AUDIO RECORDINGS, FILMS, MAPS, SHEET MUSIC, PRINTS AND CLIPPINGS. FOR MORE INFORMATION, SEE SCHEDULE O.
Expenses $120,454,985 · Grants $2,000,000 · Revenue $1,712,536
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Anthony W MarxANTHONY W MARX
TTEE, PRES AND CHIEF EXEC OFCR
- Total calculated
- $1,125,536
- From this org
- $1,021,350
- From related orgs
- $0
- Other
- $104,186
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $852,381
- Bonus
- $0
- Other
- $168,969
- Deferred
- $75,083
- Nontaxable benefits
- $29,103
- Filer's total
- $1,125,536
-
Kwame Anthony AppiahKWAME ANTHONY APPIAH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Peter BaldwinPETER BALDWIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
John H Banks IIIJOHN H BANKS III
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Mahnaz Ispahani BartosMAHNAZ ISPAHANI BARTOS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Lisa J BlauLISA J BLAU
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Evan Robert CheslerEVAN ROBERT CHESLER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Hrh Princess FiryalHRH PRINCESS FIRYAL
TRUSTEE (END 11/9/22)
- Total calculated
- $0
- Hours/week
- 5
-
Henry Louis Gates JrHENRY LOUIS GATES JR
TRUSTEE (END 11/9/22)
- Total calculated
- $0
- Hours/week
- 1
-
Theodore GolfTHEODORE GOLF
EX OFFICIO TTEE, REP OF SPKR
- Total calculated
- $0
- Hours/week
- 1
-
William GrayWILLIAM GRAY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ethan HawkeETHAN HAWKE
TRUSTEE (END 11/9/22)
- Total calculated
- $0
- Hours/week
- 1
-
Hubert JolyHUBERT JOLY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Michael Byungju KimMICHAEL BYUNGJU KIM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Beth KojimaBETH KOJIMA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Jane LauderJANE LAUDER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Annette Gordon-ReedANNETTE GORDON-REED
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Scott D MalkinSCOTT D MALKIN
TRUSTEE (END 11/9/22)
- Total calculated
- $0
- Hours/week
- 1
-
Catherine C MarronCATHERINE C MARRON
TRUSTEE (END 11/9/22)
- Total calculated
- $0
- Hours/week
- 1
-
Raymond J McGuireRAYMOND J MCGUIRE
VICE CHAIRMAN & TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Abby S MilsteinABBY S MILSTEIN
CHAIRMAN & TRUSTEE
- Total calculated
- $0
- Hours/week
- 10
-
Howard L MorganHOWARD L MORGAN
FOUNDATION TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Susan MorgenthauSUSAN MORGENTHAU
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Lisette NievesLISETTE NIEVES
EX OFFICIO TTEE, REP OF COMPT
- Total calculated
- $0
- Hours/week
- 1
-
Richard L PleplerRICHARD L PLEPLER
TRUSTEE (END 11/9/22)
- Total calculated
- $0
- Hours/week
- 1
-
Katharine J RaynerKATHARINE J RAYNER
FOUNDATION TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
David RemnickDAVID REMNICK
TRUSTEE (END 11/9/22)
- Total calculated
- $0
- Hours/week
- 1
-
Carlos Rodriguez-PastorCARLOS RODRIGUEZ-PASTOR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Paul M RomerPAUL M ROMER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Andres Santo DomingoANDRES SANTO DOMINGO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Stephen A SchwarzmanSTEPHEN A SCHWARZMAN
TRUSTEE (END 11/9/22)
- Total calculated
- $0
- Hours/week
- 1
-
Dinakar SinghDINAKAR SINGH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Tracy K SmithTRACY K SMITH
TRUSTEE (END 11/9/22)
- Total calculated
- $0
- Hours/week
- 1
-
Zadie SmithZADIE SMITH
TRUSTEE (END 11/9/22)
- Total calculated
- $0
- Hours/week
- 4
-
Andrew SolomonANDREW SOLOMON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Gayfryd SteinbergGAYFRYD STEINBERG
TRUSTEE (END 11/9/22)
- Total calculated
- $0
- Hours/week
- 1
-
Joshua L SteinerJOSHUA L STEINER
TRUSTEE (END 11/9/22)
- Total calculated
- $0
- Hours/week
- 1
-
George StephanopoulosGEORGE STEPHANOPOULOS
TRUSTEE (END 11/9/22)
- Total calculated
- $0
- Hours/week
- 1
-
James S TischJAMES S TISCH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Maria Torres-SpringerMARIA TORRES-SPRINGER
EX OFFICIO TTEE, REP OF MAYOR
- Total calculated
- $0
- Hours/week
- 1
-
Luis A UbinasLUIS A UBINAS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Tali Farhadian WeinsteinTALI FARHADIAN WEINSTEIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Anthony A YoseloffANTHONY A YOSELOFF
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Richard Cohen End 11922RICHARD COHEN END 11922
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Arthur Koenig End 11922ARTHUR KOENIG END 11922
FOUNDATION TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Robert Liberman End 11922ROBERT LIBERMAN END 11922
FOUNDATION TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Harold W McGraw IIIHAROLD W MCGRAW III
TRUSTEE (END 11/9/22)
- Total calculated
- $0
- Hours/week
- 1
-
Tony AgehTONY AGEH
CHIEF DIGITAL OFFICER (END 5/1/23)
- Total calculated
- $511,920
- From this org
- $444,336
- From related orgs
- $0
- Other
- $67,584
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $442,269
- Bonus
- $0
- Other
- $2,067
- Deferred
- $24,400
- Nontaxable benefits
- $43,184
- Filer's total
- $511,920
-
Brian BannonBRIAN BANNON
MERRYL AND JAMES TISCH DIR
- Total calculated
- $475,411
- From this org
- $433,675
- From related orgs
- $0
- Other
- $41,736
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $412,718
- Bonus
- $0
- Other
- $20,957
- Deferred
- $24,400
- Nontaxable benefits
- $17,336
- Filer's total
- $475,411
-
Geetanjali GuptaGEETANJALI GUPTA
CHIEF INVESTMENT OFFICER
- Total calculated
- $1,252,144
- From this org
- $1,185,501
- From related orgs
- $0
- Other
- $66,643
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $658,865
- Bonus
- $526,200
- Other
- $436
- Deferred
- $24,400
- Nontaxable benefits
- $42,243
- Filer's total
- $1,252,144
-
Risa Honig End 11822RISA HONIG END 11822
VP, CAPITAL PLANNING & CONSTR
- Total calculated
- $490,532
- From this org
- $286,679
- From related orgs
- $0
- Other
- $203,853
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $242,164
- Bonus
- $0
- Other
- $44,515
- Deferred
- $182,742
- Nontaxable benefits
- $21,111
- Filer's total
- $490,532
-
Caryl MatuteCARYL MATUTE
VP, BRANCH LIBRARIES & PATRON SVCS
- Total calculated
- $508,367
- From this org
- $256,054
- From related orgs
- $0
- Other
- $252,313
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $234,893
- Bonus
- $0
- Other
- $21,161
- Deferred
- $209,357
- Nontaxable benefits
- $42,956
- Filer's total
- $508,367
-
Michele Coleman MayesMICHELE COLEMAN MAYES
VP, GENERAL COUNSEL AND SEC
- Total calculated
- $516,793
- From this org
- $465,335
- From related orgs
- $0
- Other
- $51,458
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $461,830
- Bonus
- $0
- Other
- $3,505
- Deferred
- $32,666
- Nontaxable benefits
- $18,792
- Filer's total
- $516,793
-
George MihaltsesGEORGE MIHALTSES
VP, GOV'T & COMMUNITY AFFRS
- Total calculated
- $376,914
- From this org
- $229,255
- From related orgs
- $0
- Other
- $147,659
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $228,473
- Bonus
- $0
- Other
- $782
- Deferred
- $118,328
- Nontaxable benefits
- $29,331
- Filer's total
- $376,914
-
Terrance NealTERRANCE NEAL
VP, HUMAN RESOURCES
- Total calculated
- $739,760
- From this org
- $344,753
- From related orgs
- $0
- Other
- $395,007
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $344,378
- Bonus
- $0
- Other
- $375
- Deferred
- $371,699
- Nontaxable benefits
- $23,308
- Filer's total
- $739,760
-
Fay RosenfeldFAY ROSENFELD
VP, PUBLIC PROGRAMS
- Total calculated
- $263,840
- From this org
- $241,045
- From related orgs
- $0
- Other
- $22,795
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $219,741
- Bonus
- $0
- Other
- $21,304
- Deferred
- $19,440
- Nontaxable benefits
- $3,355
- Filer's total
- $263,840
-
Shannon SharpSHANNON SHARP
CFO & ASST TREASURER
- Total calculated
- $424,735
- From this org
- $360,688
- From related orgs
- $0
- Other
- $64,047
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $360,085
- Bonus
- $0
- Other
- $603
- Deferred
- $24,400
- Nontaxable benefits
- $39,647
- Filer's total
- $424,735
-
Jadrien F SteeleJADRIEN F STEELE
VP, DEVELOPMENT
- Total calculated
- $497,452
- From this org
- $342,222
- From related orgs
- $0
- Other
- $155,230
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $341,843
- Bonus
- $0
- Other
- $379
- Deferred
- $112,868
- Nontaxable benefits
- $42,362
- Filer's total
- $497,452
-
Iris WeinshallIRIS WEINSHALL
COO AND TREASURER
- Total calculated
- $538,534
- From this org
- $499,779
- From related orgs
- $0
- Other
- $38,755
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $496,743
- Bonus
- $0
- Other
- $3,036
- Deferred
- $24,400
- Nontaxable benefits
- $14,355
- Filer's total
- $538,534
-
Garfield SwabyGARFIELD SWABY
VP, INFORMATION TECHNOLOGY
- Total calculated
- $390,227
- From this org
- $259,921
- From related orgs
- $0
- Other
- $130,306
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $251,211
- Bonus
- $0
- Other
- $8,710
- Deferred
- $116,078
- Nontaxable benefits
- $14,228
- Filer's total
- $390,227
-
Sam RubinSAM RUBIN
CHIEF OF STAFF
- Total calculated
- $321,282
- From this org
- $260,384
- From related orgs
- $0
- Other
- $60,898
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $257,550
- Bonus
- $0
- Other
- $2,834
- Deferred
- $45,412
- Nontaxable benefits
- $15,486
- Filer's total
- $321,282
-
Gesille DixonGESILLE DIXON
VP, BRANCH PROGRAMS AND SERVICES
- Total calculated
- $433,275
- From this org
- $211,579
- From related orgs
- $0
- Other
- $221,696
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $211,334
- Bonus
- $0
- Other
- $245
- Deferred
- $195,234
- Nontaxable benefits
- $26,462
- Filer's total
- $433,275
-
Angela Montefinese End 7122ANGELA MONTEFINESE END 7122
VP, COMMUNICATIONS & MKTING
- Total calculated
- -$71,012
- From this org
- $150,031
- From related orgs
- $0
- Other
- -$221,043
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $123,539
- Bonus
- $0
- Other
- $26,492
- Deferred
- -$242,035
- Nontaxable benefits
- $20,992
- Filer's total
- -$71,012
-
Brent ReidyBRENT REIDY
ANDREW W. MELLON, DIRECTOR
- Total calculated
- $278,488
- From this org
- $252,833
- From related orgs
- $0
- Other
- $25,655
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $235,574
- Bonus
- $0
- Other
- $17,259
- Deferred
- $20,317
- Nontaxable benefits
- $5,338
- Filer's total
- $278,488
-
David LemDAVID LEM
VP, CAPITAL PLANNING & CONSTR
- Total calculated
- $237,675
- From this org
- $183,640
- From related orgs
- $0
- Other
- $54,035
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $183,519
- Bonus
- $0
- Other
- $121
- Deferred
- $15,409
- Nontaxable benefits
- $38,626
- Filer's total
- $237,675
-
Stephen BettsSTEPHEN BETTS
INTERIM, CHIEF DIGITAL OFFICER
- Total calculated
- $217,148
- From this org
- $173,416
- From related orgs
- $0
- Other
- $43,732
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $173,343
- Bonus
- $0
- Other
- $73
- Deferred
- $14,510
- Nontaxable benefits
- $29,222
- Filer's total
- $217,148
-
Jennifer Ferminostart 12522JENNIFER FERMINOSTART 12522
VP, COMMUNICATIONS & MKTING
- Total calculated
- $23,906
- From this org
- $23,310
- From related orgs
- $0
- Other
- $596
- Hours/week
- 35
-
Garrett Charles BergenGARRETT CHARLES BERGEN
SNR. DIRECTOR, FACILITIES MGMT
- Total calculated
- $251,157
- From this org
- $196,158
- From related orgs
- $0
- Other
- $54,999
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $195,462
- Bonus
- $0
- Other
- $696
- Deferred
- $16,364
- Nontaxable benefits
- $38,635
- Filer's total
- $251,157
-
Peter RummelPETER RUMMEL
DIRECTOR, INVESTMENTS
- Total calculated
- $482,256
- From this org
- $461,467
- From related orgs
- $0
- Other
- $20,789
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $252,813
- Bonus
- $207,581
- Other
- $1,073
- Deferred
- $20,225
- Nontaxable benefits
- $564
- Filer's total
- $482,256
-
Doris ZhaoDORIS ZHAO
DIRECTOR, INVESTMENTS
- Total calculated
- $397,813
- From this org
- $367,040
- From related orgs
- $0
- Other
- $30,773
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $203,480
- Bonus
- $163,508
- Other
- $52
- Deferred
- $16,600
- Nontaxable benefits
- $14,173
- Filer's total
- $397,813
-
Jennifer Schantz End 7122JENNIFER SCHANTZ END 7122
FLEISCHMAN EXEC. DIRECTOR, LPA
- Total calculated
- $314,612
- From this org
- $331,163
- From related orgs
- $0
- Other
- -$16,551
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $146,794
- Bonus
- $0
- Other
- $184,369
- Deferred
- -$40,620
- Nontaxable benefits
- $24,069
- Filer's total
- $314,612
-
Marjoel MontalboMARJOEL MONTALBO
SNR DIRECTOR, BUDGET
- Total calculated
- $451,251
- From this org
- $242,670
- From related orgs
- $0
- Other
- $208,581
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $232,801
- Bonus
- $0
- Other
- $9,869
- Deferred
- $182,369
- Nontaxable benefits
- $26,212
- Filer's total
- $451,251
-
Joy BivinsJOY BIVINS
DIRECTOR, THE SCHOMBURG CENTER
- Total calculated
- $308,553
- From this org
- $272,576
- From related orgs
- $0
- Other
- $35,977
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $272,416
- Bonus
- $0
- Other
- $160
- Deferred
- $22,082
- Nontaxable benefits
- $13,895
- Filer's total
- $308,553
-
William Kelly End 41522WILLIAM KELLY END 41522
ANDREW W. MELLON DIRECTOR
- Total calculated
- $171,413
- From this org
- $151,589
- From related orgs
- $0
- Other
- $19,824
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- $115,276
- Bonus
- $0
- Other
- $36,313
- Deferred
- $10,039
- Nontaxable benefits
- $9,785
- Filer's total
- $171,413
-
Carrie Welch End 53121CARRIE WELCH END 53121
CHIEF EXTERNAL RELATIONS OFFCR
- Total calculated
- $207,623
- From this org
- $207,623
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- $0
- Bonus
- $0
- Other
- $207,623
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $207,623
-
Gennaro J Oliva End 42222GENNARO J OLIVA END 42222
SENIOR DIRECTOR, FACILITIES MGMT
- Total calculated
- $307,388
- From this org
- $111,681
- From related orgs
- $0
- Other
- $195,707
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- $75,497
- Bonus
- $0
- Other
- $36,184
- Deferred
- $185,899
- Nontaxable benefits
- $9,808
- Filer's total
- $307,388
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Tax indemnification and gross-up payments
- 1a · Housing allowance or residence for personal use
- 1a · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4a · Severance or change-of-control payment
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
- 9 · Followed the rebuttable-presumption procedure
Answered no
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
The filer's explanations (Part III)
- PART I, LINE 1A
- REIMBURSEMENT OF CERTAIN EXPENSES THE LIBRARY REIMBURSES THE PRESIDENT FOR CLUB MEMBERSHIP DUES AND PROVIDES A HOUSING ALLOWANCE AS PER HIS EMPLOYMENT CONTRACT. SUCH AMOUNTS ARE INCLUDED IN OTHER REPORTABLE COMPENSATION ON SCHEDULE J, PART II, COLUMN (B) (III).
- TAX INDEMNIFICATION AND GROSS-UP PAYMENTS
- SCHEDULE J, PART I, LINE 1A GROUP LIFE INSURANCE PREMIUMS ON THE FIRST $50,000 COVERAGE FOR ALL OFFICERS OF THE LIBRARY ARE GROSSED UP AND INCLUDED IN OTHER REPORTABLE COMPENSATION ON SCHEDULE J, PART II, COLUMN (B)(III). SEVERANCE COMPENSATION SCHEDULE J, PART I, LINE 4A CARRIE WELCH, FORMER CHIEF EXTERNAL RELATIONS OFFICER, AND JENNIFER SCHANTZ, EXECUTIVE DIRECTOR, LIBRARY FOR PERFORMING ARTS, RECEIVED SEVERANCE COMPENSATION OF $207,623 AND $154,500, RESPECTIVELY, IN CALENDAR YEAR 2022. THESE AMOUNTS ARE REPORTED ON SCHEDULE J, PART II, COLUMN (B)(III). AMOUNTS PAID PURSUANT TO INCENTIVE COMPENSATION PLAN SCHEDULE J, PART I, LINE 7, 8, & 9 GEETANJALI GUPTA, PETER RUMMEL, AND DORIS ZHAO RECEIVED BONUSES OF $526,200, $207,581 AND $163,508, RESPECTIVELY, PURSUANT TO THEIR INCENTIVE COMPENSATION PLAN. A PORTION OF THESE AMOUNTS MAY REPRESENT DISCRETIONARY NON-FIXED PAYMENTS. THE PLAN WAS CREATED BY PWC, THE LIBRARY'S EXTERNAL COMPENSATION CONSULTANTS, AND THEN REVIEWED AND APPROVED BY THE CHIEF OPERATING OFFICER, THE INVESTMENT COMMITTEE, AND THE COMPENSATION AND TALENT COMMITTEE BEFORE BEING IMPLEMENTED. OTHER REPORTABLE COMPENSATION SCHEDULE J, PART II, COLUMN B(III) OTHER REPORTABLE COMPENSATION IN COLUMN B(III) FOR CERTAIN LISTED EMPLOYEES INCLUDES AMOUNTS DEFERRED UNDER A SECTION 457(B) PLAN AND CERTAIN IMPUTED INCOME AMOUNTS. RETIREMENT AND OTHER DEFERRED COMPENSATION SCHEDULE J, PART II, COLUMN C RETIREMENT AND OTHER DEFERRED COMPENSATION REFLECTS EITHER 1) THE CHANGE IN ACTUARIAL VALUE OF THE DEFINED BENEFIT PENSION PLAN, THE NEW YORK STATE AND LOCAL EMPLOYEES' RETIREMENT SYSTEM (NYSLERS), OR 2) THE LIBRARY'S ACTUAL CONTRIBUTION TO THE NEW YORK STATE VOLUNTARY DEFINED CONTRIBUTION PLAN (VDC).
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$50,000
SEE PART IV
-
$35,565
SEE PART IV
-
SEE PART IV
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501 (C) (3) · PARK MGMT · NY · controlled entity
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
PERPETUAL TRUST
INVESTMENT · NY · controlled entity
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 9 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202431359349308113
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