Form 990 for tax year 2023

Filed by INTERNATIONAL CENTER OF PHOTOGRAPHY.

Totals

Total revenue: $21,739,420
Total expenses: $14,610,209
Contributions and grants received: $17,299,845
Grants paid: $801,323
Program service revenue: $4,174,837
Investment income: $118,699
Other revenue: $146,039
Total assets, end of year: $67,230,757
Total liabilities, end of year: $15,255,664
Net assets or fund balances, end of year: $51,975,093
Program services expenses (Part IX): $11,466,684
Management and general expenses: $2,345,593
Fundraising expenses: $797,932
Program service expenses (Part III): $11,466,684

Program services were 78.5% 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

$101,996
1c · Fundraising events

$974,792
1e · Government grants (contributions)

$141,960
1f · All other contributions, gifts and grants

$16,081,097
1g · Noncash contributions included above

$376,269
2a · Program service revenue: TUITION AND EDUCATIONAL FEES

total $3,350,811 · related or exempt $3,350,811
2b · Program service revenue: ADMISSIONS

total $399,429 · related or exempt $399,429
2c · Program service revenue: LICENSING

total $340,585 · related or exempt $340,585
2d · Program service revenue: COLLECTIONS

total $50,000 · related or exempt $50,000
2e · Program service revenue: ROYALTIES AND OTHER PROGRAM REV

total $34,012 · related or exempt $34,012
3 · Investment income

total $78,882 · excluded $78,882
7a · Gross sales of assets other than inventory

securities $2,603,711 · other assets $425,000
7b · Less cost or other basis and sales expenses

securities $2,563,894 · other assets $425,000
7c · Gain or loss

securities $39,817 · other assets $0
7d · Net gain or loss

total $39,817 · excluded $39,817
8a · Fundraising events: gross income

$365,250
8a · Fundraising events: contributions included on line 1c

$974,792
8b · Fundraising events: direct expenses

$428,947
8c · Net income from fundraising events

total -$63,697 · excluded -$63,697
10a · Gross sales of inventory

$249,943
10b · Cost of goods sold

$40,207
10c · Net income from sales of inventory

total $209,736 · related or exempt $209,736

Functional expenses

Part IX, the statement of functional expenses.

2 · Grants to domestic individuals

total $801,323 · program services $801,323
5 · Compensation of officers, directors and key employees

total $923,624 · program services $725,253 · management and general $198,371
7 · Other salaries and wages

total $4,307,587 · program services $3,518,247 · management and general $244,529 · fundraising $544,811
8 · Pension plan contributions

total $71,719 · program services $60,417 · management and general $4,952 · fundraising $6,350
9 · Other employee benefits

total $896,600 · program services $753,114 · management and general $57,049 · fundraising $86,437
10 · Payroll taxes

total $25,169 · program services $21,203 · management and general $1,738 · fundraising $2,228
11b · Fees: legal

total $263,536 · program services $40,927 · management and general $202,586 · fundraising $20,023
11c · Fees: accounting

total $72,201 · program services $11,213 · management and general $55,502 · fundraising $5,486
11f · Fees: investment management

total $47,833 · management and general $47,833
11g · Fees: other

total $1,462,122 · program services $1,109,846 · management and general $320,590 · fundraising $31,686
12 · Advertising and promotion

total $410,540 · program services $357,170 · management and general $53,370
13 · Office expenses

total $273,500 · program services $230,906 · management and general $29,341 · fundraising $13,253
14 · Information technology

total $579,710 · program services $504,348 · management and general $75,362
16 · Occupancy

total $1,092,797 · program services $819,134 · management and general $273,663
17 · Travel

total $51,252 · program services $36,722 · management and general $13,058 · fundraising $1,472
20 · Interest

total $601,900 · program services $502,460 · management and general $82,169 · fundraising $17,271
22 · Depreciation, depletion and amortization

total $1,456,712 · program services $1,267,340 · management and general $189,372
23 · Insurance

total $179,126 · program services $134,269 · management and general $44,857
24a · Other expenses: PROGRAM SUPPLIES

total $552,592 · program services $552,592
24b · Other expenses: BAD DEBT

total $419,946 · management and general $419,946
24e · All other expenses

total $120,420 · program services $20,200 · management and general $31,305 · fundraising $68,915

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $155,714 · end of year $131,017
2 · Savings and temporary cash investments

beginning of year $832,214 · end of year $4,263,839
3 · Pledges and grants receivable

beginning of year $2,186,423 · end of year $9,636,314
4 · Accounts receivable

beginning of year $1,470,680 · end of year $459,200
8 · Inventories for sale or use

beginning of year $86,377 · end of year $100,794
9 · Prepaid expenses and deferred charges

beginning of year $111,538 · end of year $445,123
10a · Land, buildings and equipment: cost or other basis

$54,239,193
10b · Land, buildings and equipment: accumulated depreciation

$6,860,566
10c · Land, buildings and equipment, net

beginning of year $48,816,458 · end of year $47,378,627
11 · Investments: publicly traded securities

beginning of year $3,194,725 · end of year $3,854,758
12 · Investments: other securities

beginning of year $1,855,287
15 · Other assets

beginning of year $1,045,793 · end of year $961,085
17 · Accounts payable and accrued expenses

beginning of year $1,151,102 · end of year $1,232,363
19 · Deferred revenue

beginning of year $242,454 · end of year $474,060
22 · Loans and payables to officers and key people

beginning of year $780,000 · end of year $780,000
23 · Secured mortgages and notes payable

beginning of year $12,435,683 · end of year $12,193,341
24 · Unsecured notes and loans payable

beginning of year $591,851 · end of year $575,900
25 · Other liabilities

beginning of year $484,720 · end of year $0
27 · Net assets without donor restrictions

beginning of year $35,407,016 · end of year $33,883,873
28 · Net assets with donor restrictions

beginning of year $8,662,383 · end of year $18,091,220

Mission and programs · 2023

Mission

THE INTERNATIONAL CENTER OF PHOTOGRAPHY IS A MUSEUM AND SCHOOL DEDICATED TO THE UNDERSTANDING AND APPRECIATION OF PHOTOGRAPHY. ICP CREATES PROGRAMS OF THE HIGHEST QUALITY TO ADVANCE KNOWLEDGE OF THE MEDIUM. THESE INCLUDE EXHIBITIONS, COLLECTIONS, AND EDUCATION FOR THE GENERAL PUBLIC, MEMBERS, STUDENTS, AND PROFESSIONALS IN THE FIELD OF PHOTOGRAPHY.

Activities or mission (Part I)

ICP IS A CENTER WHERE PHOTOGRAPHS ARE COLLECTED, PROTECTED, RESEARCHED, AND EXHIBITED; A PLACE WHERE STUDENTS OF ALL AGES AND ACCOMPLISHMENTS LEARN TO MAKE IMAGES AND ARE CHALLENGED BY TECHNICAL AND AESTHETIC LESSONS. ICP PROVIDES A FORUM FOR THE EXCHANGE OF IDEAS AND FOR THE USE OF PHOTOGRAPHY AS A MEDIUM FOR REVEALING THE HUMAN CONDITION.

THE INTERNATIONAL CENTER OF PHOTOGRAPHY IS A MUSEUM, SCHOOL, AND COLLECTION. ICP'S EDUCATION OFFERINGS INCLUDE EXHIBITIONS, CLASSES, PUBLIC PROGRAMS, SEMINARS, AND WORKSHOPS THAT COVER ALL ASPECTS OF PHOTOGRAPHY. ITS SCHOOL OFFERS ON-SITE AND ONLINE PROGRAMS. THERE ARE OPEN EDUCATION CLASSES FOR ADULTS AND THREE FULL-TIME, YEAR-LONG CERTIFICATE PROGRAMS IN DOCUMENTARY AND CREATIVE PRACTICES PHOTOGRAPHY. THE MUSEUM PRESENTS THREE CYCLES OF INTERNATIONAL EXHIBITIONS AND ITS LIBRARY AND COLLECTION SERVE STUDENTS, FACULTY, STAFF, SCHOLARS, AND THE GENERAL PUBLIC.

Expenses $6,253,134 · Grants $801,323 · Revenue $3,594,559
EXHIBITIONS - ICP'S IN-HOUSE AND TRAVELING EXHIBITIONS REFLECT THE HISTORY OF PHOTOGRAPHIC STYLES AND APPLICATIONS.

Expenses $4,161,617 · Revenue $399,429
ARCHIVES & COLLECTIONS - ICP MAINTAINS A PERMANENT COLLECTION OF APPROXIMATELY 200,000 PHOTOGRAPHIC PRINTS, 5,000 TIME BASED MEDIA AUDIO, VIDEO AND MOTION PICTURE FILMS, AND 200,000 NEGATIVES. GENERALLY, RESEARCHERS UTILIZE THE ICP PRINT STUDY ROOM FOR CONSULTED WORKS.

Expenses $1,051,933 · Revenue $390,585

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Adam FussADAM FUSS

TRUSTEE

Total calculated

$0

Hours/week

2
Almudena LegorretaALMUDENA LEGORRETA

CO-CHAIR

Total calculated

$0

Hours/week

2
Bicky KellnerBICKY KELLNER

TRUSTEE

Total calculated

$0

Hours/week

2
Caryl S EnglanderCARYL S ENGLANDER

CO-CHAIR

Total calculated

$0

Hours/week

8
Chirag ChotaliaCHIRAG CHOTALIA

TRUSTEE

Total calculated

$0

Hours/week

2
Diane TuftDIANE TUFT

TRUSTEE

Total calculated

$0

Hours/week

2
James A D'AquilaJAMES A D'AQUILA

TRUSTEE

Total calculated

$0

Hours/week

2
Jan W MulderJAN W MULDER

TRUSTEE

Total calculated

$0

Hours/week

2
Jane CorkinJANE CORKIN

TRUSTEE

Total calculated

$0

Hours/week

2
Jeffrey A RosenJEFFREY A ROSEN

PRESIDENT & ACTING TREASURER

Total calculated

$0

Hours/week

8
Jessica NagleJESSICA NAGLE

TRUSTEE

Total calculated

$0

Hours/week

2
Katherine ChiaKATHERINE CHIA

TRUSTEE

Total calculated

$0

Hours/week

2
Ken NicholsonKEN NICHOLSON

TRUSTEE

Total calculated

$0

Hours/week

2
Michael A ClintonMICHAEL A CLINTON

EXECUTIVE VICE PRESIDENT

Total calculated

$0

Hours/week

4
Pat SchoenfeldPAT SCHOENFELD

TRUSTEE

Total calculated

$0

Hours/week

2
Renee Harbers LiddellRENEE HARBERS LIDDELL

EXECUTIVE VICE PRESIDENT

Total calculated

$0

Hours/week

4
Stefano TonchiSTEFANO TONCHI

TRUSTEE

Total calculated

$0

Hours/week

2
Uzodinma IwealaUZODINMA IWEALA

TRUSTEE

Total calculated

$0

Hours/week

2
Bob JeffreyBOB JEFFREY

VICE PRESIDENT/CHIEF EXECUTIVE OFFICER

Total calculated

$90,000

From this org

$90,000

From related orgs

$0

Other

$0

Hours/week

40
David LittleDAVID LITTLE

EXECUTIVE DIRECTOR

Total calculated

$419,483

From this org

$398,520

From related orgs

$0

Other

$20,963

Hours/week

37.5

Schedule J breakdown matched by us

Base

$398,520

Bonus

$0

Other

$0

Deferred

$9,900

Nontaxable benefits

$11,063

Filer's total

$419,483
Nicholas ReadNICHOLAS READ

CHIEF FINANCIAL OFFICER

Total calculated

$232,279

From this org

$187,914

From related orgs

$0

Other

$44,365

Hours/week

30

Schedule J breakdown matched by us

Base

$187,914

Bonus

$0

Other

$0

Deferred

$5,940

Nontaxable benefits

$38,425

Filer's total

$232,279
Tama O'BrienTAMA O'BRIEN

COUNSEL & MANAGING DIRECTOR

Total calculated

$159,628

From this org

$139,894

From related orgs

$0

Other

$19,734

Hours/week

37.5

Schedule J breakdown matched by us

Base

$139,894

Bonus

$0

Other

$0

Deferred

$4,350

Nontaxable benefits

$15,384

Filer's total

$159,628
Ellen RubinELLEN RUBIN

FINANCIAL CONTROLLER

Total calculated

$135,099

From this org

$134,369

From related orgs

$0

Other

$730

Hours/week

37.5
Lacy AustinLACY AUSTIN

DIRECTOR OF COMMUNITY PROGRAMS

Total calculated

$146,243

From this org

$127,466

From related orgs

$0

Other

$18,777

Hours/week

37.5
Per GylfePER GYLFE

DIRECTOR OF EDUCATION

Total calculated

$147,618

From this org

$128,761

From related orgs

$0

Other

$18,857

Hours/week

37.5
Shawna GallancySHAWNA GALLANCY

SENIOR DIRECTOR OF MARKETING

Total calculated

$154,323

From this org

$144,995

From related orgs

$0

Other

$9,328

Hours/week

37.5

Schedule J breakdown matched by us

Base

$144,995

Bonus

$0

Other

$0

Deferred

$0

Nontaxable benefits

$9,328

Filer's total

$154,323
Stephanie AdamsSTEPHANIE ADAMS

CHIEF DEVELOPMENT OFFICER

Total calculated

$227,276

From this org

$213,723

From related orgs

$0

Other

$13,553

Hours/week

37.5

Schedule J breakdown matched by us

Base

$213,723

Bonus

$0

Other

$0

Deferred

$6,346

Nontaxable benefits

$7,207

Filer's total

$227,276

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

3 · Compensation committee
3 · Compensation survey or study
3 · Approval by the board or compensation committee
4a · Severance or change-of-control payment

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
7 · Other non-fixed payments
8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4A: DAVID E. LITTLE LEFT THE EMPLOYMENT OF ICP AS OF FEBRUARY 26, 2024 AND AS PART OF THE AGREEMENT REACHED WE CONTINUED HIS SALARY UNTIL NOVEMBER 2024, PAYING OUT $133,333 IN FISCAL YEAR 2024.

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.

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

ICP CONSULTANCY LLC

NONE YET · DE · income $0 · assets $0

Directly controlled by INTERNATIONAL CENTER OF PHOTOGRAPHY

Provenance

Return type: form_990
Tax year: 2023
Filed: 7 May 2025
IRS schema version: 2023v6.0
Source object: 202501329349301800

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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