Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $6,392,797

• 1g · Noncash contributions included above

  $9,607

• 3 · Investment income

  total $1,249,116 · excluded $1,249,116

• 7a · Gross sales of assets other than inventory

  securities $12,473,860

• 7b · Less cost or other basis and sales expenses

  securities $10,350,890

• 7c · Gain or loss

  securities $2,122,970

• 7d · Net gain or loss

  total $2,122,970 · excluded $2,122,970

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $2,447,946 · program services $2,447,946

• 5 · Compensation of officers, directors and key employees

  total $219,274 · program services $219,274

• 10 · Payroll taxes

  total $9,917 · program services $9,917

• 11b · Fees: legal

  total $1,932 · management and general $1,932

• 11c · Fees: accounting

  total $13,526 · management and general $13,526

• 11f · Fees: investment management

  total $11,056 · management and general $11,056

• 24a · Other expenses: DONOR CULTIVATION

  total $10,823 · program services $10,823

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $3,461,185 · end of year $3,777,287

• 3 · Pledges and grants receivable

  beginning of year $1,007,330 · end of year $2,000,000

• 4 · Accounts receivable

  beginning of year $1,081 · end of year $0

• 11 · Investments: publicly traded securities

  beginning of year $54,166,956 · end of year $62,301,700

• 15 · Other assets

  beginning of year $289,561 · end of year $324,621

• 17 · Accounts payable and accrued expenses

  end of year $438

• 25 · Other liabilities

  beginning of year $4,992,365 · end of year $2,397,821

• 27 · Net assets without donor restrictions

  beginning of year $3,525,679 · end of year $3,887,552

• 28 · Net assets with donor restrictions

  beginning of year $50,408,069 · end of year $62,117,797

The filer's explanations (Part III)

PART I, LINE 3

THE COMPENSATION PAID TO THE EXECUTIVE DIRECTOR & CEO AND THE DIRECTOR OF FINANCE & OPERATIONS IS REVIEWED AND APPROVED BY JOSLYN ART MUSEUM

FORM 990, PART VII, SECTION A, LINE 5:

JACK BECKER, JOSLYN ART MUSEUM EXECUTIVE DIRECTOR & CEO, IS ALSO THE EXECUTIVE DIRECTOR & CEO OF JOSLYN ART MUSEUM FOUNDATION. MR. BECKER'S SALARY IS PAID BY JOSLYN ART MUSEUM AND IS PARTIALLY REIMBURSED BY JOSLYN ART MUSEUM FOUNDATION. COMPENSATION FOR MR. BECKER IS PAID BY JOSLYN ART MUSEUM OF WHICH $219,274 WAS ALLOCATED TO THE JOSLYN ART MUSEUM FOUNDATION. ELIZABETH POWELL, JOSLYN ART MUSEUM DIRECTOR OF FINANCE & OPERATIONS, IS ALSO THE TOP FINANCIAL OFFICER FOR JOSLYN ART MUSEUM FOUNDATION. MS. POWELL'S SALARY IS PAID BY JOSLYN ART MUSEUM. ANNUAL COMPENSATION FOR MS. POWELL IS PAID BY JOSLYN ART MUSEUM OF WHICH NONE WAS ALLOCATED TO THE JOSLYN ART MUSEUM FOUNDATION.