Form 990 for tax year 2024
Filed by SOLOMON R GUGGENHEIM FOUNDATION.
Totals
- Total revenue
- $88,200,362
- Total expenses
- $84,882,538
- Contributions and grants received
- $40,080,599
- Grants paid
- $0
- Program service revenue
- $34,459,412
- Investment income
- $10,969,130
- Other revenue
- $2,691,221
- Total assets, end of year
- $230,239,605
- Total liabilities, end of year
- $107,434,102
- Net assets or fund balances, end of year
- $122,805,503
- Program services expenses (Part IX)
- $56,376,138
- Management and general expenses
- $22,373,410
- Fundraising expenses
- $6,132,990
- Program service expenses (Part III)
- $56,376,138
Program services were 66.4% 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
$3,493,742
-
1c · Fundraising events
$2,403,728
-
1e · Government grants (contributions)
$557,068
-
1f · All other contributions, gifts and grants
$33,626,061
-
1g · Noncash contributions included above
$1,032,870
-
2a · Program service revenue: ADMISSION INCOME
total $17,316,951 · related or exempt $17,316,951
-
2b · Program service revenue: MUSEUM AND PROGRAM COLLABORATIONS
total $13,939,468 · related or exempt $13,939,468
-
2c · Program service revenue: EXHIBITIONS
total $3,202,993 · related or exempt $3,202,993
-
3 · Investment income
total $3,532,598 · excluded $3,532,598
-
5 · Royalties
total $2,072,550 · unrelated business $343,236 · excluded $1,729,314
-
6a · Gross rents
real property $118,886
-
6b · Less rental expenses
real property $137,783
-
6c · Rental income or loss
real property -$18,897
-
6d · Net rental income or loss
total -$18,897 · excluded -$18,897
-
7a · Gross sales of assets other than inventory
securities $100,284,824
-
7b · Less cost or other basis and sales expenses
securities $92,848,292
-
7c · Gain or loss
securities $7,436,532
-
7d · Net gain or loss
total $7,436,532 · excluded $7,436,532
-
8a · Fundraising events: gross income
$65,249
-
8a · Fundraising events: contributions included on line 1c
$2,403,728
-
8b · Fundraising events: direct expenses
$1,095,449
-
8c · Net income from fundraising events
total -$1,030,200 · excluded -$1,030,200
-
10a · Gross sales of inventory
$2,327,341
-
10b · Cost of goods sold
$1,993,276
-
10c · Net income from sales of inventory
total $334,065 · unrelated business $375,453 · excluded -$41,388
-
11a · Other revenue: CORPORATE EVENTS
total $904,926 · excluded $904,926
-
11b · Other revenue: RESTAURANT INCOME
total $404,478 · excluded $404,478
-
11c · Other revenue: MISCELLANEOUS INCOME
total $24,299 · excluded $24,299
-
11e · Other revenue, total
$1,333,703
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $3,666,888 · program services $458,337 · management and general $3,208,551
-
6 · Compensation of disqualified persons
total $737,425 · management and general $737,425
-
7 · Other salaries and wages
total $30,883,417 · program services $22,424,690 · management and general $5,739,419 · fundraising $2,719,308
-
8 · Pension plan contributions
total $945,306 · program services $643,687 · management and general $242,848 · fundraising $58,771
-
9 · Other employee benefits
total $4,620,288 · program services $2,807,171 · management and general $1,352,438 · fundraising $460,679
-
10 · Payroll taxes
total $2,071,946 · program services $1,376,555 · management and general $516,207 · fundraising $179,184
-
11a · Fees: management
total $2,003,226 · program services $780,712 · management and general $1,222,514
-
11b · Fees: legal
total $395,926 · management and general $395,926
-
11c · Fees: accounting
total $101,896 · management and general $101,896
-
11d · Fees: lobbying
total $90,170 · management and general $90,170
-
11e · Fees: professional fundraising services
total $133,680 · fundraising $133,680
-
11f · Fees: investment management
total $160,355 · management and general $160,355
-
11g · Fees: other
total $6,910,019 · program services $6,195,549 · fundraising $714,470
-
12 · Advertising and promotion
total $1,196,444 · program services $215,320 · management and general $970,559 · fundraising $10,565
-
13 · Office expenses
total $1,854,504 · program services $791,472 · management and general $754,219 · fundraising $308,813
-
14 · Information technology
total $1,754,090 · program services $122,912 · management and general $1,631,178
-
15 · Royalties
total $18,817 · program services $18,817
-
16 · Occupancy
total $9,588,631 · program services $7,628,324 · management and general $1,421,536 · fundraising $538,771
-
17 · Travel
total $2,486,893 · program services $1,776,705 · management and general $391,384 · fundraising $318,804
-
19 · Conferences, conventions and meetings
total $136,270 · fundraising $136,270
-
20 · Interest
total $1,642,130 · program services $1,363,338 · management and general $200,522 · fundraising $78,270
-
22 · Depreciation, depletion and amortization
total $4,117,156 · program services $3,418,168 · management and general $502,750 · fundraising $196,238
-
23 · Insurance
total $1,231,483 · program services $662,023 · management and general $569,460
-
24a · Other expenses: ART PURCHASES
total $2,654,642 · program services $2,654,642
-
24b · Other expenses: ART SHIPPING & CRATING
total $1,725,914 · program services $1,680,598 · management and general $37,077 · fundraising $8,239
-
24c · Other expenses: SUPPLIES AND MATERIALS
total $1,345,999 · program services $774,044 · management and general $559,919 · fundraising $12,036
-
24e · All other expenses
total $2,409,023 · program services $583,074 · management and general $1,567,057 · fundraising $258,892
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $18,872,618 · end of year $14,924,412
-
2 · Savings and temporary cash investments
beginning of year $6,871,196 · end of year $7,942,184
-
3 · Pledges and grants receivable
beginning of year $15,594,909 · end of year $12,736,551
-
4 · Accounts receivable
beginning of year $2,978,740 · end of year $2,390,114
-
8 · Inventories for sale or use
beginning of year $1,004,499 · end of year $147,546
-
9 · Prepaid expenses and deferred charges
beginning of year $1,156,014 · end of year $336,744
-
10a · Land, buildings and equipment: cost or other basis
$126,501,147
-
10b · Land, buildings and equipment: accumulated depreciation
$89,516,085
-
10c · Land, buildings and equipment, net
beginning of year $40,298,470 · end of year $36,985,062
-
11 · Investments: publicly traded securities
beginning of year $58,575,573 · end of year $127,812,564
-
12 · Investments: other securities
beginning of year $56,673,608 · end of year $4,236,574
-
15 · Other assets
beginning of year $18,912,330 · end of year $22,727,854
-
17 · Accounts payable and accrued expenses
beginning of year $8,664,796 · end of year $8,308,111
-
19 · Deferred revenue
beginning of year $38,500,003 · end of year $38,903,154
-
24 · Unsecured notes and loans payable
beginning of year $32,082,207 · end of year $32,097,172
-
25 · Other liabilities
beginning of year $24,815,215 · end of year $28,125,665
-
27 · Net assets without donor restrictions
beginning of year $5,901,531 · end of year -$5,485,425
-
28 · Net assets with donor restrictions
beginning of year $110,974,205 · end of year $128,290,928
Mission and programs · 2024
Mission
COMMITTED TO INNOVATION, THE SOLOMON R. GUGGENHEIM FOUNDATION (THE "FOUNDATION") COLLECTS, (CONTINUED ON SCHEDULE O)
Activities or mission (Part I)
COMMITTED TO INNOVATION, THE SOLOMON R. GUGGENHEIM FOUNDATION COLLECTS, (CONTINUED ON SCHEDULE O)
-
DURING 2024, THE FOUNDATION DIRECTLY OPERATED TWO MUSEUMS: THE SOLOMON R. GUGGENHEIM MUSEUM IN NEW YORK AND THE PEGGY GUGGENHEIM COLLECTION IN VENICE. BOTH MUSEUMS ARE OPEN TO THE PUBLIC, CONDUCT TOURS OF EXHIBITIONS AND PROVIDE EDUCATIONAL TEXTS FREE OF CHARGE IN FULLFILMENT OF THE FOUNDATION'S MISSION. THE GUGGENHEIM MUSEUM WAS OPEN TO THEPUBLIC ONE EVENING OF EACH WEEK ON A PAY-WHAT-YOU-WISH BASIS. CHILDREN UNDER THE AGE OF 12 ARE ADMITTED FOR FREE. (CONTINUED ON SCHEDULE O).
Expenses $26,396,111 · Revenue $34,066,430
-
AS PART OF ITS MISSION, THE FOUNDATION COLLECTS AND PRESERVES ART FOR THE BENEFIT OF THE PUBLIC IN SEVERAL WAYS. THE FOUNDATION STUDIES THE ART IN THE FOUNDATION'S POSSESSION AND PLANS EXHIBITIONS FOR PUBLIC VIEWING. THE FOUNDATION ALSO LENDS MANY OF THE WORKS OF ART IN ITS COLLECTION TO OTHER MUSEUMS ON THE OCCASION OF SPECIAL EXHIBITIONS THAT ARE OF SCHOLARLY MERIT OR THAT WILL BROADEN THE PUBLIC'S APPRECIATION OF ART. THE FOUNDATION MAINTAINS EXTENSIVE CLIMATE-CONTROLLED, HIGHLY SECURE STORAGE FACILITIES FOR THE ART IN ITS COLLECTION. IT ALSO OPERATES A PHOTOGRAPHY STUDIO FOR THE DOCUMENTATION OF ART AND ARCHIVES TO STORE PHOTOGRAPHS OF ART AND MAKE THEM AVAILABLE TO THE PUBLIC FOR PUBLICATION OR STUDY. (CONTINUED ON SCHEDULE O)
Expenses $16,332,589
-
THE FOUNDATION'S EDUCATION AND PUBLIC PROGRAMMING DEPARTMENTS ENGAGED THE GENERAL PUBLIC THROUGH PROGRAMS FOR SCHOOLS, YOUTH, TEENS, FAMILY AND ADULT AUDIENCES. (CONTINUED ON SCHEDULE O).
Expenses $5,801,324 · Revenue $392,982
-
DISSEMINATING CURRENT SCHOLARSHIP AND PROMOTING LEARNING ARE THE PRIMARY GOALS OF THE MANY EXHIBITION AND COLLECTION CATALOGUES PRODUCED BY THE FOUNDATION. PUBLICATIONS PRESENT SCHOLARLY AND INSTRUCTIVE ART HISTORICAL INFORMATION IN THE FORM OF ESSAYS THAT CONTEXTUALIZE ART WITHIN LARGER MOVEMENTS OR DISCIPLINES; IN-DEPTH DISCUSSIONS OF INDIVIDUAL ARTWORKS; INTERVIEWS WITH ARTISTS AND REFERENCE TOOLS SUCH AS BIBLIOGRAPHIES, BIOGRAPHIES, CHRONOLOGIES, AND EXHIBITION HISTORIES. PUBLICATIONS IN 2024 INCLUDED JENNY HOLZER: TRACE; ONLY THE YOUNG: EXPERIMENTAL ART IN KOREA: 1960S - 1970S; GOING DARK: THE CONTEMPORARY FIGURE AT THE EDGE OF VISIBILITY; AND HARMONY AND DISSONANCE:ORPHISM IN PARIS, 1910-1930.SIGNIFICANT EXHIBITION, COLLECTIONS, EDUCATION, AUDIO, VIDEO, AND CATALOGUE ARCHIVES CONTENT IS AVAILABLE TO THE PUBLIC, FREE OF CHARGE, ON GUGGENHEIM.ORG INCLUDING MORE THAN 1,900 ARTWORKS BY MORE THAN 625 ARTISTS IN THE COLLECTION ONLINE. IN 2024 THE FOUNDATION PUBLISHED 5 NEW VIDEOS AND 197 NEW AUDIO TRACKS, BRINGING THE TOTAL VIDEOS AVAILABLE ON THE SITE TO 621 AND AUDIO TRACKS TO APPROXIMATELY 2,052.ADDITIONALLY, IN 2024, THE FOUNDATION PUBLISHED 8 NEW BLOG POSTS OFFERING INSIGHTS INTO EXHIBITIONS, CONTEMPORARY ART, GLOBAL CULTURE, AND MUSEUM ARCHIVES AND HISTORY, BRINGING THE TOTAL NUMBER OF POSTS AVAILABLE ONLINE TO 1,120. IN 2024, GUGGENHEIM.ORG RECORDED 4,235,570 USER SESSIONS AND 22,459,067 PAGE VIEWS. THE GUGGENHEIM REMAINS COMMITTED TO CREATING A WELCOMING EXPERIENCE FOR ALL VISITORS BOTH ONSITE AND ONLINE. THE GUGGENHEIM DIGITAL GUIDE, AVAILABLE ON THE BLOOMBERG CONNECTS APP, CONTINUES TO PROVIDE RICH ENGAGEMENT FOR AUDIENCES. VERBAL DESCRIPTIONS ARE A CENTRAL FEATURE OF THIS EXPERIENCE AND SUPPORT ACCESSIBILITY AND INCLUSIVE STORYTELLING.IN 2024, MORE THAN 40 NEW VERBAL DESCRIPTION TRACKS WERE CREATED FOR THE EXHIBITIONS JENNY HOLZER: LIGHT LINE; BY WAY OF: MATERIAL AND MOTION IN THE GUGGENHEIM COLLECTION; HARMONY AND DISSONANCE: ORPHISM IN PARIS, 1910-1930; AND COLLECTION IN FOCUS: PIET MONDRIAN: EVER FURTHER.RECOGNIZING THAT MANY OF THE MUSEUM'S VISITORS ARE INTERNATIONAL, THE MUSEUM REMAINS COMMITTED TO A COMPREHENSIVE TRANSLATION STRATEGY. IN 2024, ITALIAN WAS ADDED AS A PRIMARY TRANSLATION LANGUAGE, ALONGSIDE SPANISH, AND THE MUSEUM ALSO INTEGRATED BLOOMBERG CONNECTS' GOOGLE TRANSLATE FEATURE TO BROADEN MULTILINGUAL ACCESS TO TEXT-BASED CONTENT.
Expenses $7,846,114
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Martine WestermannMARTINE WESTERMANN
DIRECTOR/CEO
- Total calculated
- $946,303
- From this org
- $663,303
- From related orgs
- $0
- Other
- $283,000
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $663,303
- Bonus
- $0
- Other
- $0
- Deferred
- $262,500
- Nontaxable benefits
- $20,500
- Filer's total
- $946,303
-
Jon Imanol AzuaJON IMANOL AZUA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Lisa BakerLISA BAKER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Abigail Williams BarattaABIGAIL WILLIAMS BARATTA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Cindy Chua-TayCINDY CHUA-TAY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Paul CronsonPAUL CRONSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Dimitris DaskalopoulosDIMITRIS DASKALOPOULOS
TRUSTEE/VICE-PRESIDENT (THRU 09/24)
- Total calculated
- $0
- Hours/week
- 5
-
Charles M DikerCHARLES M DIKER
TRUSTEE/VICE-PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Thomas R EllisTHOMAS R ELLIS
TRUSTEE/VICE-PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Gail May EngelbergGAIL MAY ENGELBERG
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Wendy FisherWENDY FISHER
TRUSTEE/PRESIDENT
- Total calculated
- $0
- Hours/week
- 8
-
Andrew GundlachANDREW GUNDLACH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
J Tomilson HillJ TOMILSON HILL
TRUSTEE/CHAIR
- Total calculated
- $0
- Hours/week
- 8
-
Francesca LavazzaFRANCESCA LAVAZZA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Peter Lawson-JohnstonPETER LAWSON-JOHNSTON
TRUSTEE/HONORARY CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Peter Lawson-Johnston IIPETER LAWSON-JOHNSTON II
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
William L MackWILLIAM L MACK
TRUSTEE/CHAIR EMERITUS
- Total calculated
- $0
- Hours/week
- 5
-
Wendy L-J McNeilWENDY L-J MCNEIL
TRUSTEE/VICE-PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Mitchell MorganMITCHELL MORGAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Claudia RankineCLAUDIA RANKINE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Stephen RobertSTEPHEN ROBERT
TRUSTEE/TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Brian RobinsonBRIAN ROBINSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Daniel SallickDANIEL SALLICK
TRUSTEE (AS OF 12/24)
- Total calculated
- $0
- Hours/week
- 2
-
Harvey M SchwartzHARVEY M SCHWARTZ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Samira SineSAMIRA SINE
TRUSTEE (AS OF 12/24)
- Total calculated
- $0
- Hours/week
- 2
-
Barbara SlifkaBARBARA SLIFKA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mark R WalterMARK R WALTER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Frank YuFRANK YU
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Sarah G AustrianSARAH G AUSTRIAN
DEP DIR, GEN COUNSEL & SEC.
- Total calculated
- $514,625
- From this org
- $472,290
- From related orgs
- $0
- Other
- $42,335
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $472,290
- Bonus
- $0
- Other
- $0
- Deferred
- $25,875
- Nontaxable benefits
- $16,460
- Filer's total
- $514,625
-
Martha WithingtonMARTHA WITHINGTON
DEP DIR, CFO AND INTERIM COO
- Total calculated
- $533,337
- From this org
- $472,656
- From related orgs
- $0
- Other
- $60,681
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $472,656
- Bonus
- $0
- Other
- $0
- Deferred
- $18,975
- Nontaxable benefits
- $41,706
- Filer's total
- $533,337
-
Dana Wallach JonesDANA WALLACH JONES
ASST GEN COUNSEL/ASST SECRETARY
- Total calculated
- $127,726
- From this org
- $121,644
- From related orgs
- $0
- Other
- $6,082
- Hours/week
- 24
-
Karole VailKAROLE VAIL
DIR, PEGGY GUGGENHEIM COLLECTION
- Total calculated
- $349,134
- From this org
- $243,531
- From related orgs
- $0
- Other
- $105,603
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $243,531
- Bonus
- $0
- Other
- $0
- Deferred
- $19,482
- Nontaxable benefits
- $86,121
- Filer's total
- $349,134
-
Naomi BeckwithNAOMI BECKWITH
DEP DIR & STOCKMAN CHIEF CURATOR
- Total calculated
- $458,337
- From this org
- $412,922
- From related orgs
- $0
- Other
- $45,415
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $412,922
- Bonus
- $0
- Other
- $0
- Deferred
- $18,975
- Nontaxable benefits
- $26,440
- Filer's total
- $458,337
-
Ronni WeinsteinRONNI WEINSTEIN
ASSOCIATE GENERAL COUNSEL
- Total calculated
- $252,223
- From this org
- $222,574
- From related orgs
- $0
- Other
- $29,649
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $222,574
- Bonus
- $0
- Other
- $0
- Deferred
- $12,647
- Nontaxable benefits
- $17,002
- Filer's total
- $252,223
-
Colette ChestnutCOLETTE CHESTNUT
CONTROLLER
- Total calculated
- $246,308
- From this org
- $222,282
- From related orgs
- $0
- Other
- $24,026
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $222,282
- Bonus
- $0
- Other
- $0
- Deferred
- $5,030
- Nontaxable benefits
- $18,996
- Filer's total
- $246,308
-
Patricia A JeffersPATRICIA A JEFFERS
DEP DIR/CHIEF HR OFFICER(THRU 08/24)
- Total calculated
- $221,411
- From this org
- $203,261
- From related orgs
- $0
- Other
- $18,150
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $203,261
- Bonus
- $0
- Other
- $0
- Deferred
- $4,769
- Nontaxable benefits
- $13,381
- Filer's total
- $221,411
-
Ty Woodfolk - Dep DirchiefTY WOODFOLK - DEP DIRCHIEF
CULTURE & INCL. OFFICER (THRU 08/24)
- Total calculated
- $279,706
- From this org
- $262,818
- From related orgs
- $0
- Other
- $16,888
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $173,118
- Bonus
- $0
- Other
- $89,700
- Deferred
- $7,286
- Nontaxable benefits
- $9,602
- Filer's total
- $279,706
-
Cyra LevensonCYRA LEVENSON
DEP DIR&ENGELBERG DIR EDUC&PUB ENG
- Total calculated
- $296,515
- From this org
- $246,337
- From related orgs
- $0
- Other
- $50,178
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $246,337
- Bonus
- $0
- Other
- $0
- Deferred
- $13,933
- Nontaxable benefits
- $36,245
- Filer's total
- $296,515
-
Richard ArmstrongRICHARD ARMSTRONG
DIRECTOR EMERITUS
- Total calculated
- $737,425
- From this org
- $737,425
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- $0
- Bonus
- $0
- Other
- $737,425
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $737,425
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 · 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
- 4b · Supplemental nonqualified retirement plan
Answered no
- 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, LINES 4A-B
- LINE 4A: END OF SERVICE PAYMENT PURSUANT TO AN AGREEMENT, THE DEPUTY DIRECTOR AND CHIEF CULTURE AND INCLUSION OFFICER RECEIVED AN END-OF-SERVICE PAYMENT REPORTED ON SCHEDULE J, PART II, COLUMN B(III). LINE 4B: NONQUALIFIED RETIREMENT PLAN THE FORMER DIRECTOR OF THE MUSEUM AND FOUNDATION PARTICIPATED IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. ALL AMOUNTS PAID OUT ARE INCLUDED IN SCHEDULE J, PART II, COLUMN B(III). UNDER A MULTI-YEAR CONTRACTUAL AGREEMENT WITH THE DIRECTOR/CEO, SCHEDULE J, PART II, COLUMN C INCLUDES DEFERRED COMPENSATION OF $262,500.
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.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
GUGGENHEIMCOM INC
C · CEASED OPS · DE · 55% owned · controlled entity
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202503179349302825
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The source document this was parsed from is served over the API, which is where bulk and document access live.