Totals
- Total revenue
- $13,857,309
- Total expenses
- $13,345,394
- Contributions and grants received
- $13,676,550
- Grants paid
- $0
- Program service revenue
- $229,484
- Investment income
- $87,353
- Other revenue
- -$136,078
- Total assets, end of year
- $4,233,685
- Total liabilities, end of year
- $2,633,810
- Net assets or fund balances, end of year
- $1,599,875
- Program services expenses (Part IX)
- $6,772,791
- Management and general expenses
- $5,809,737
- Fundraising expenses
- $762,866
- Program service expenses (Part III)
- $6,772,791
Program services were 50.8% 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.
-
1b · Membership dues
$654,023
-
1c · Fundraising events
$1,709,731
-
1d · Related organizations
$9,810,000
-
1e · Government grants (contributions)
$226,250
-
1f · All other contributions, gifts and grants
$1,276,546
-
2a · Program service revenue: MUSEUM ADMISSION FEES
total $139,056 · unrelated business $0 · excluded $0
-
2b · Program service revenue: PROGRAM REVENUE
total $90,428 · unrelated business $0 · excluded $0
-
3 · Investment income
total $46,153 · unrelated business $0 · excluded $46,153
-
6a · Gross rents
real property $608,956
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $608,956
-
6d · Net rental income or loss
total $608,956 · excluded $608,956
-
7a · Gross sales of assets other than inventory
securities $240,814
-
7b · Less cost or other basis and sales expenses
securities $199,614
-
7c · Gain or loss
securities $41,200
-
7d · Net gain or loss
total $41,200 · related or exempt $0 · unrelated business $0 · excluded $41,200
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$1,709,731
-
8b · Fundraising events: direct expenses
$770,501
-
8c · Net income from fundraising events
total -$770,501 · unrelated business $0 · excluded -$770,501
-
10a · Gross sales of inventory
$11,444
-
10c · Net income from sales of inventory
total $11,444 · related or exempt $11,444
-
11a · Other revenue: OTHER REVENUE
total -$34,561 · related or exempt -$34,561 · unrelated business $0 · excluded $0
-
11b · Other revenue: UNREALIZED GAIN ON INVESTMENTS
total $48,584 · related or exempt $0 · unrelated business $0 · excluded $48,584
-
11e · Other revenue, total
$14,023
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $1,754,254 · program services $410,413 · management and general $1,211,175 · fundraising $132,666
-
7 · Other salaries and wages
total $2,611,387 · program services $938,224 · management and general $1,380,344 · fundraising $292,819
-
8 · Pension plan contributions
total $130,590 · program services $120 · management and general $130,470 · fundraising $0
-
9 · Other employee benefits
total $823,787 · program services $398,571 · management and general $334,124 · fundraising $91,092
-
10 · Payroll taxes
total $307,167 · program services $121,157 · management and general $150,650 · fundraising $35,360
-
11b · Fees: legal
total $1,482 · program services $0 · management and general $1,482 · fundraising $0
-
11c · Fees: accounting
total $107,685 · program services $0 · management and general $107,685 · fundraising $0
-
11f · Fees: investment management
total $12,784 · program services $12,784 · management and general $0 · fundraising $0
-
11g · Fees: other
total $213,556 · program services $1,558 · management and general $211,998 · fundraising $0
-
12 · Advertising and promotion
total $444,862 · program services $0 · management and general $444,862 · fundraising $0
-
13 · Office expenses
total $3,169,586 · program services $1,898,566 · management and general $1,152,317 · fundraising $118,703
-
16 · Occupancy
total $1,811,634 · program services $1,379,079 · management and general $370,686 · fundraising $61,869
-
17 · Travel
total $465,068 · program services $416,327 · management and general $77,127 · fundraising -$28,386
-
19 · Conferences, conventions and meetings
total $6,664 · program services $6,396 · management and general $268 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $260,463 · program services $120,966 · management and general $120,740 · fundraising $18,757
-
23 · Insurance
total $191,451 · program services $57,496 · management and general $114,819 · fundraising $19,136
-
24a · Other expenses: EXHIBITION INSTALLATION
total $1,032,974 · program services $1,011,134 · management and general $990 · fundraising $20,850
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $483,117 · end of year $961,016
-
2 · Savings and temporary cash investments
beginning of year $0 · end of year $0
-
3 · Pledges and grants receivable
beginning of year $235,722 · end of year $231,248
-
4 · Accounts receivable
beginning of year $91,187 · end of year $513,080
-
9 · Prepaid expenses and deferred charges
beginning of year $167,386 · end of year $254,798
-
10a · Land, buildings and equipment: cost or other basis
$2,947,668
-
10b · Land, buildings and equipment: accumulated depreciation
$2,128,485
-
10c · Land, buildings and equipment, net
beginning of year $877,231 · end of year $819,183
-
11 · Investments: publicly traded securities
beginning of year $1,425,411 · end of year $1,452,301
-
15 · Other assets
beginning of year $2,151 · end of year $2,059
-
17 · Accounts payable and accrued expenses
beginning of year $1,884,811 · end of year $1,654,263
-
19 · Deferred revenue
beginning of year $302,993 · end of year $979,547
-
25 · Other liabilities
beginning of year $6,441
-
27 · Net assets without donor restrictions
beginning of year -$1,085,672 · end of year -$793,361
-
28 · Net assets with donor restrictions
beginning of year $2,173,632 · end of year $2,393,236
Mission and programs · 2022
Mission
THE MISSION OF THE NASHER SCULPTURE CENTER IS TO BE THE INTERNATIONAL FOCAL AND CATALYST FOR THE STUDY, INSTALLATION, CONSERVATION, AND APPRECIATION OF MODERN AND CONTEMPORARY ART.
Activities or mission (Part I)
TO OPERATE A MUSEUM FEATURING MODERN ART
-
THE NASHER SCULPTURE CENTER (CENTER) OPERATES A MUSEUM TO DISPLAY MODERN ART AND FROM TIME TO TIME FEATURES EXHIBITS OF WORKS BORROWED FROM OTHER MUSEUMS. THE CENTER HAD 67,087 VISITORS IN THE CURRENT TAX YEAR.
Expenses $6,290,753 · Grants $10,000 · Revenue $229,484
-
THE CENTER CONDUCTS EDUCATIONAL PROGRAMS FOR ITS MEMBERS AND VISITORS ABOUT MODERN ART THROUGH FREE FIRST SATURDAYS, STUDENT TOURS, TEACHER WORKSHOPS, MUSEUM FORUM FOR TEACHERS, SUMMER INSTITUTE FOR TEENS, HOMESCHOOL WORKSHOPS, MUSEUM 101 AND STUDIO 360. DURING THE CURRENT TAX YEAR, THERE WERE 15,541 PARTICIPANTS IN THESE PROGRAMS.
Expenses $482,038
As filed on the 2022 return.
Listed in Part VII
-
David HaemiseggerDAVID HAEMISEGGER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Nancy NasherNANCY NASHER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Sarah HaemiseggerSARAH HAEMISEGGER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Andrea NasherANDREA NASHER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Stephen StamasSTEPHEN STAMAS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Tyree CollierTYREE COLLIER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Marc PecherskyMARC PECHERSKY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Jeremy StrickJEREMY STRICK
EXECUTIVE DIRECTOR
- Total calculated
- $505,118
- From this org
- $477,075
- From related orgs
- $0
- Other
- $28,043
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $477,075
- Bonus
- $0
- Other
- $0
- Deferred
- $11,252
- Nontaxable benefits
- $16,791
- Filer's total
- $505,118
-
John McBrideJOHN MCBRIDE
CHIEF OPERATING & FINANCIAL OFFICER
- Total calculated
- $291,496
- From this org
- $268,505
- From related orgs
- $0
- Other
- $22,991
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $268,505
- Bonus
- $0
- Other
- $0
- Deferred
- $6,200
- Nontaxable benefits
- $16,791
- Filer's total
- $291,496
-
Neil McGlennon His EstateNEIL MCGLENNON HIS ESTATE
ADMIN. DIRECTOR
- Total calculated
- $259,559
- From this org
- $237,505
- From related orgs
- $0
- Other
- $22,054
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $237,513
- Bonus
- $0
- Other
- $0
- Deferred
- $5,263
- Nontaxable benefits
- $16,791
- Filer's total
- $259,567
-
Jill MagnusonJILL MAGNUSON
DIR. OF EXTERNAL AFFAIRS
- Total calculated
- $233,490
- From this org
- $220,652
- From related orgs
- $0
- Other
- $12,838
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $220,652
- Bonus
- $0
- Other
- $0
- Deferred
- $4,842
- Nontaxable benefits
- $7,996
- Filer's total
- $233,490
-
David MorseDAVID MORSE
CHIEF CURATOR
- Total calculated
- $179,131
- From this org
- $151,238
- From related orgs
- $0
- Other
- $27,893
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $151,238
- Bonus
- $0
- Other
- $0
- Deferred
- $3,106
- Nontaxable benefits
- $24,787
- Filer's total
- $179,131
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 · First-class or charter travel
- 1a · Travel for companions
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 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
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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
No itemized grants to organizations on this return.
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) · ART OWNERSHIP/EXHIBITION · TX
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 7 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202431519349301003
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