The Neustadt Collection Of Tiffany Glass
- Assets
- $9.2m
- Revenue
- $636.3k
- Investments
- $9.0m
- Employees
- 0
- Location
- Long Island City, NY
- Founding
- 04/1974
- Data as of
- 09/2021
- EIN
- 23-7361022
Organization Overview
The Neustadt Collection Of Tiffany Glass is located in Long Island City, NY. The organization was established in 1974. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Neustadt Collection Of Tiffany Glass is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2021, Neustadt Collection Of Tiffany Glass generated $636.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 30.6% each year . All expenses for the organization totaled $547.9k during the year ending 09/2021. While expenses have increased by 8.4% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXHIBITIONS: FOR OVER 25 YEARS, THE NEUSTADT HAS ACTIVELY SHARED ITS RENOWNED TIFFANY COLLECTION WITH MUSEUMS ACROSS THE COUNTRY THROUGH ORIGINAL TRAVELING EXHIBITIONS. TO DATE, THESE SPECIAL EXHIBITIONS HAVE BEEN ENJOYED BY MORE THAN ONE MILLION VISITORS. ADDITIONALLY, SINCE 1995, THE NEUSTADT HAS PARTNERED WITH THE QUEENS MUSEUM TO PRESENT THE ARTWORK OF LOUIS C. TIFFANY TO THE NEW YORK METROPOLITAN AREA. PORTIONS OF THE COLLECTION ARE ON CONTINUOUS DISPLAY IN THE NEUSTADT'S DEDICATED GALLERY. RELATED EDUCATIONAL PROGRAMMING FOR CHILDREN AND ADULTS IS FUNDED BY THE NEUSTADT AND AVAILABLE AT BOTH THE QUEENS MUSEUM AND VARIOUS OFF-SITE LOCATIONS. DEDICATED TO PRESERVATION, SCHOLARSHIP, EDUCATION, AND CONNOISSEURSHIP, THE NEUSTADT COLLECTION OF TIFFANY GLASS PROVIDES DIVERSE AUDIENCES WITH AN IN-DEPTH LOOK AT THE ARTISTRY OF THE TIFFANY STUDIOS AND ITS CONTRIBUTION TO A UNIQUE CHAPTER IN THE HISTORY OF AMERICAN DESIGN.
COLLECTION CONSERVATION AND MAINTENANCE: THE NEUSTADT IS ONE OF THE COUNTRY'S LEADING PUBLIC COLLECTIONS OF TIFFANY LAMPS, WINDOWS, AND METALWORK. IT IS ALSO THE REPOSITORY OF A VAST, ONE-OF-A-KIND COLLECTION OF FLAT GLASS AND GLASS "JEWELS" USED BY THE TIFFANY STUDIOS. THE NEUSTADT'S CONSERVATOR AND CURATORS ARE WORKING TO SORT, ORGANIZE AND CATALOGUE THIS TIFFANY GLASS ARCHIVE, WHICH INCLUDES MORE THAN A QUARTER OF A MILLION PIECES OF ORIGINAL GLASS. IN ADDITION, ALL ARTWORKS ARE CAREFULLY EXAMINED BY THE CONSERVATOR AND, IF NECESSARY, CLEANED AND CONSERVED, BEFORE BEING EXHIBITED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lindsy Parrott Director/curator | 40 | $88,334 | |
Cynthia Williams President | 4 | $0 | |
Ron Hoina Treasurer | 1 | $0 | |
Paul Doros Secretary | 2 | $0 | |
Gregory Merkel Trustee | 1 | $0 | |
Nadia Watts Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $170,309 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $420,276 |
| Capital Gain Net Income | $420,276 |
| Net ST Capital Gain | $14,502 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $704 |
| Other Income | $44,966 |
| Total Revenue | $636,255 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $88,334 |
| Other employee salaries and wages | $113,166 |
| Pension plans, employee benefits | $47,078 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $3,327 |
| Occupancy | $93,182 |
| Travel, conferences, and meetings | $2,833 |
| Printing and publications | $0 |
| Other expenses | $100,769 |
| Total operating and administrative expenses | $547,852 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $547,852 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $102,738 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $8,909 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $31,897 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $8,024,434 |
| Net Land, buildings, and equipment | $14,306 |
| Other assets | $12,188 |
| Total assets | $9,189,537 |
| Accounts payable and accrued expenses | $6,395 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $40,802 |
| Other liabilities | $0 |
| Total liabilities | $47,197 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Andy Warhol Foundation For The Visual Arts Inc New York, NY | $375,628,094 | $51,526,373 |
Production Industrial Tech Textile & Prof Employees Loc 124 Wlfr Fund Valhalla, NY | $838,103 | $5,998,825 |
Lily Auchincloss Foundation Inc New York, NY | $46,827,043 | $6,935,321 |
Solow Art And Architecture Foundation New York, NY | $241,786,081 | $29,285,009 |
Municipal Art Society Of New York New York, NY | $12,093,728 | $3,370,052 |
The Wildenstein Plattner Institute New York, NY | $1,898,409 | $4,064,152 |
Drawing Center Inc New York, NY | $11,094,197 | $3,697,448 |
Conservation Center For Art And Historic Artifacts Philadelphia, PA | $4,515,696 | $3,186,711 |
Clay Studio Philadelphia, PA | $16,944,971 | $9,873,164 |
Van Alen Institute Projects In Public Architecture Brooklyn, NY | $44,490,814 | $3,072,994 |
Urbanglass New York Contemporary Glass Center Inc Brooklyn, NY | $1,687,992 | $2,437,335 |
American Institute Of Architects New York, NY | $10,952,534 | $3,079,461 |