Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
AMERICAN ACADEMY OF ARTS AND LETTERS
 
Number and street (or P.O. box number if mail is not delivered to street address)633 W 155TH STREET
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY100327501
A Employer identification number

13-0429640
B Telephone number (see instructions)

(212) 368-5900
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$112,942,859
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 41,420
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,742,762 1,742,762 1,742,762
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,527,479
b Gross sales price for all assets on line 6a 55,332,414
7 Capital gain net income (from Part IV, line 2)... 2,527,479
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... 278,483 0 278,483
12 Total. Add lines 1 through 11........ 4,590,144 4,270,241 2,021,245
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 260,386 0 0 0
14 Other employee salaries and wages...... 839,381 0 0 0
15 Pension plans, employee benefits....... 856,962 0 0 0
16a Legal fees (attach schedule)......... 49,452 0 0 49,452
b Accounting fees (attach schedule)....... 71,683 0 0 71,683
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 106,777 0 0 106,777
19 Depreciation (attach schedule) and depletion... 366,317 0 366,317
20 Occupancy..............        
21 Travel, conferences, and meetings....... 64,997 0 0 64,997
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 1,346,853 508,113 508,113 491,062
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,962,808 508,113 874,430 783,971
25 Contributions, gifts, grants paid....... 1,213,040 1,213,040
26 Total expenses and disbursements. Add lines 24 and 25 5,175,848 508,113 874,430 1,997,011
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -585,704
b Net investment income (if negative, enter -0-) 3,762,128
c Adjusted net income (if negative, enter -0-)... 1,146,815
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 273,315 502,031 502,031
2 Savings and temporary cash investments......... 2,862,943 11,196,653 11,120,477
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 1,315,243 Click to see attachment1,339,805 1,517,043
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 80,492,455 Click to see attachment71,088,719 88,497,273
14 Land, buildings, and equipment: basis bullet14,695,424
Less: accumulated depreciation (attach schedule) bullet3,409,887 10,808,887 Click to see attachment11,285,537 11,285,537
15 Other assets (describe bullet) Click to see attachment35,491 Click to see attachment20,498 Click to see attachment20,498
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 95,788,334 95,433,243 112,942,859
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......   230,613
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 230,613
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 56,485,693 56,643,939
25 Net assets with donor restrictions............ 39,302,641 38,558,691
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 95,788,334 95,202,630
30 Total liabilities and net assets/fund balances (see instructions). 95,788,334 95,433,243
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
95,788,334
2
Enter amount from Part I, line 27a .....................
2
-585,704
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
95,202,630
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
95,202,630
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1 a RUSSELL 3000 INDEX FD B P 2009-01-01 2020-07-01
b US TIPS FD B P 2009-01-01 2020-07-01
c BLACKROCK LOW DURATION BD FD P 2011-12-31 2020-07-01
d VANGUARD TOTAL WORLD STOCK INDEX FD P 2018-06-01 2020-07-01
e JPM PRIME MM FUND P 2020-01-01 2020-07-01
ADAMAS PARTNERS, L.P. P 2012-12-31 2020-07-01
LONE JUNIPER, L.P. P 2013-07-01 2020-07-01
WESTWOOD FINANCIAL P 2016-06-01 2020-07-01
VANGUARD ST TREASURY FUND P 2020-04-01 2020-07-01
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,347   1,593 -246
b 582   522 60
c 14,477,070   14,972,690 -495,620
d 10,158,393   7,811,450 2,346,943
e 3,110,434   3,111,424 -990
9,360,242   10,113,373 -753,131
7,568,337   6,561,805 1,006,532
2,578,207   2,883,491 -305,284
7,346,572   7,348,587 -2,015
731,230     731,230
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a       -246
b       60
c       -495,620
d       2,346,943
e       -990
      -753,131
      1,006,532
      -305,284
      -2,015
      731,230
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 2,527,479
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3 -3,005
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved
(b)
Reserved
(c)
Reserved
(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter: 1985-11-04(attach copy of letter if necessary–see instructions)
b Reserved................................ 1 N/A
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3  
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 0
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 0
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 0
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
     
    No
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNY
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
    Yes
     
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
     
    No
    Website addressbulletARTSANDLETTERS.ORG
    14
    The books are in care ofbulletAMERICAN ACADEMY OF ARTS AND LETTER Telephone no.bullet (212) 368-5900

    Located atbullet633 W 155TH STREETNEW YORKNY ZIP+4bullet100327501
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation
    (If not paid, enter
    -0-)
    (d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    CODY UPTON EXECUTIVE DIRECTOR
    40.00
    243,173 0 17,213
    633 W 155TH STREET
    NEW YORK,NY100327501
    BILLIE TSIEN PRESIDENT
    1.00
    0 0 0
    633 W 155TH STREET
    NEW YORK,NY100327501
    MARTIN PURYEAR VICE PRESIDENT FOR ART
    1.00
    0 0 0
    633 W 155TH STREET
    NEW YORK,NY100327501
    ANN HAMILTON VICE PRESIDENT FOR ART
    1.00
    0 0 0
    633 W 155TH STREET
    NEW YORK,NY100327501
    ANNABELLE SELLDORF VICE PRESIDENT FOR ARCHITECTURE
    1.00
    0 0 0
    633 W 155TH STREET
    NEW YORK,NY100327501
    PAUL MULDOON VICE PRESIDENT FOR LITERATURE
    1.00
    0 0 0
    633 W 155TH STREET
    NEW YORK,NY100327501
    JANE SMILEY VICE PRESIDENT FOR LITERATURE
    1.00
    0 0 0
    633 W 155TH STREET
    NEW YORK,NY100327501
    MARY GORDON VICE PRESIDENT FOR LITERATURE
    1.00
    0 0 0
    633 W 155TH STREET
    NEW YORK,NY100327501
    TANIA LEON VICE PRESIDENT FOR MUSIC
    1.00
    0 0 0
    633 W 155TH STREET
    NEW YORK,NY100327501
    AUGUSTA READ THOMAS VICE PRESIDENT FOR MUSIC
    1.00
    0 0 0
    633 W 155TH STREET
    NEW YORK,NY100327501
    LOUIS BEGLEY TREASURER
    1.00
    0 0 0
    633 W 155TH STREET
    NEW YORK,NY100327501
    LORRIE MOORE SECRETARY
    1.00
    0 0 0
    633 W 155TH STREET
    NEW YORK,NY100327501
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    JAY RAHHALI DIRECTOR FACILITIES
    37.50
    176,923 0 47,593
    633 WEST 155 STREET
    NEW YORK,NY10032
    ARDITH HOLMGRAIN DEPUTY DIRECTOR
    30.00
    141,250 0 47,592
    633 WEST 155 STREET
    NEW YORK,NY10032
    SOUHAD RAFEY CURATOR EXHIBITIONS
    30.00
    132,195 0 32,541
    633 WEST 155 STREET
    NEW YORK,NY10032
    ED OWENS MAINTENANCE & SECURI
    37.50
    64,065 0 33,133
    633 WEST 155 STREET
    NEW YORK,NY10032
    ASHLEY FEDOR PROGRAM DIRECTOR, LI
    37.50
    76,379 0 17,036
    633 WEST 155 STREET
    NEW YORK,NY10032
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 THE ACADEMY WAS FOUNDED IN 1904 TO PROVIDE RECOGNITION TO DISTINGUISHED ACHIEVEMENT IN LITERATURE AND FINE ARTS. THE ACADEMY IS A NON-PROFIT ORGANIZATION INCORPORATED BY AN ACT OF CONGRESS IN 1916. THE INTERNAL REVENUE SERVICE GRANTED THE ACADEMY TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS CLASSIFIED THE ACADEMY AS A PRIVATE OPERATING FOUNDATION. IN 1976, THE NATIONAL INSTITUTE OF ARTS AND LETTERS, A NON-PROFIT ORGANIZATION (FOUNDED IN 1898 AND INCORPORATED BY AN ACT OF CONGRESS IN 1913) WAS MERGED INTO THE AMERICAN ACADEMY OF ARTS AND LETTERS AND THE NAME WAS CHANGED TO THE AMERICAN ACADEMY AND INSTITUTE OF ARTS AND LETTERS. IN 1993, THE NAME WAS CHANGED TO THE AMERICAN ACADEMY OF ARTS AND LETTERS.THE ACADEMY'S MAJOR SOURCE OF REVENUE INCLUDES INVESTMENT EARNINGS AND TRUST INCOME. ANNUAL AWARDS ARE GIVEN BY THE ACADEMY TO THOSE CANDIDATES SELECTED BY THE AWARD COMMITTEES IN ORDER TO FOSTER, ASSIST AND PROMOTE LITERATURE AND FINE ARTS. 4,301,418
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 NOT APPLICABLE 0
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    89,007,000
    b
    Average of monthly cash balances.......................
    1b
    7,380,000
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    96,387,000
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    96,387,000
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,445,805
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    94,941,195
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    4,747,060
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
     
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
     
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    1,997,011
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,997,011
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,997,011
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2019
    (c)
    2019
    (d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7  
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$  
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
     
    c Treated as distributions out of corpus (Election
    required—see instructions)........
     
    d Applied to 2020 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2020.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
     
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
     
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
     
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
     
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........
     
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
     
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...
     
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......
     
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
    1985-11-04
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
    1,146,815 3,178,401 4,002,843 2,177,900 10,505,959
    b 85% of line 2a ......... 974,793 2,701,641 3,402,417 1,851,215 8,930,065
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
    1,997,011 2,104,847 1,972,735 1,602,557 7,677,150
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
    0 0 0 0 0
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
    1,997,011 2,104,847 1,972,735 1,602,557 7,677,150
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......         0
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
            0
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
    3,164,707 2,845,599 2,668,562 2,583,688 11,262,556
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
            0
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
            0
    (3) Largest amount of support
    from an exempt organization
            0
    (4) Gross investment income         0
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    Foundation
    status of
    recipient
    Purpose of grant or
    contribution
    Amount
    Name and address (home or business)
    aPaid during the year
    NADER TEHRANI
    1920 WASHINGTON STREET 2
    BOSTON,MA02118
        TO HONOR AN ARCHITECT WHO HAS MADE A SIGNIFICANT CONTRIBUTION TO ARCHITECTURE AS AN ART. 20,000
    TIMOTHY BADE
    7 EVERIT STREET APT 1B
    BROOKLYN,NY01120
        TO HONOR EXCEPTIONAL ACHIEVEMENT IN ARCHITECTURE. 3,333
    JANE STAGEBERG
    7 EVERIT STREET APT 1B
    BROOKLYN,NY11201
        TO HONOR EXCEPTIONAL ACHIEVEMENT IN ARCHITECTURE. 3,333
    MARTIN COX
    474 3RD STREET APT 3L
    BROOKLYN,NY11215
        TO HONOR EXCEPTIONAL ACHIEVEMENT IN ARCHITECTURE. 3,333
    KEVIN LIPPERT
    49 CURTIS ROAD
    GHENT,NY12075
        TO HONOR EXCEPTIONAL ACHIEVEMENT IN ARCHITECTURE. 10,000
    JOHN OCHSENDORF
    22 UPTON STREET
    CAMBRIDGE,MA02139
        TO HONOR EXCEPTIONAL ACHIEVEMENT IN ARCHITECTURE. 10,000
    JONATHAN TATE
    3134 THOMAS STREET
    NEW ORLEANS,LA70115
        TO HONOR EXCEPTIONAL ACHIEVEMENT IN ARCHITECTURE. 10,000
    JESSICA JACKSON HUTCHINS
    2737 SE 15TH AVENUE
    PORTLAND,OR97202
        TO AN OUTSTANDING AMERICAN SCULPTOR. 25,000
    DIANA AL-HADID
    655 BANGALL AMENIA ROAD
    AMENIA,NY12501
        TO HONOR EXCEPTIONAL ACHIEVEMENT IN ART. 10,000
    AMY BENNETT
    59 PARROTT STREET
    COLD SPRING,NY10516
        TO HONOR EXCEPTIONAL ACHIEVEMENT IN ART. 10,000
    ELLIOTT GREEN
    589 SCHOHARIE TURNPIKE
    ATHENS,NY12015
        TO HONOR EXCEPTIONAL ACHIEVEMENT IN ART. 10,000
    SHEILA HICKS
    1100 PARK AVENUE 12D
    NEW YORK,NY10028
        TO HONOR EXCEPTIONAL ACHIEVEMENT IN ART. 10,000
    KARYN OLIVIER
    431 WEST STAFFORD STREET
    PHILADELPHIA,PA19144
        TO HONOR EXCEPTIONAL ACHIEVEMENT IN ART. 10,000
    NICHOLAS GALANIN
    601 VERSA PLACE
    SITKA,AK99835
        TO A VISUAL ARTIST. 10,000
    DAVID HUFFMAN
    249 FORTY-FIRSTT STREET 25
    OAKLAND,CA94611
        TO A VISUAL ARTIST. 10,000
    IBRAHIM SAID
    711 WESTLAND DRIVE
    GREENSBORO,NC27410
        TO A YOUNG ARTIST OF GREAT PROMISE. 10,000
    RIDLEY HOWARD
    160 TRACY STREET 7
    ATHENS,GA30601
        TO A YOUNG PAINTER OFDISTINCTION WHO HAS NOT YET BEEN ACCORDED DUE RECOGNITION. 10,000
    LESLIE MARMON SILKO
    PO BOX 87110
    TUCSON,AZ85754
        TO A WRITER OF FICTION OR NONFICTION, WHO HAS MADE A SIGNIFICANT CONTRIBUTION TO AMERICAN LITERATURE. 100,000
    MARIE ARANA
    1500 VERMONT AVENUE NW APT 1
    WASHINGTON DC,DC20005
        TO HONOR EXCEPTIONAL ACHIEVEMENT IN LITERATURE. 10,000
    JOEL HARRINGTON
    1504 ELMWOOD AVENUE
    NASHVILLE,TN37212
        TO HONOR EXCEPTIONAL ACHIEVEMENT IN LITERATURE. 10,000
    JEREMY O HARRIS
    C/O PRICE 2029 CENTURY PARK EAST
    1500
    LOS ANGELES,CA90067
        TO HONOR EXCEPTIONAL ACHIEVEMENT IN LITERATURE. 10,000
    WAYNE KOESTENBAUM
    465 WEST 23 STREET 6C
    NEW YORK,NY10011
        TO HONOR EXCEPTIONAL ACHIEVEMENT IN LITERATURE. 10,000
    SANDRA LIM
    18 FOREST STREET APT 41
    CAMBRIDGE,MA02140
        TO HONOR EXCEPTIONAL ACHIEVEMENT IN LITERATURE. 10,000
    MEGAN MCDOWELL
    219 BRENLEIGH COURT
    SIMPSONVILLE,SC29680
        TO HONOR EXCEPTIONAL ACHIEVEMENT IN LITERATURE. 10,000
    MAAZA MENGISTE
    15803 73RD AVENUE FLOOR 2
    FLUSHING,NY11366
        TO HONOR EXCEPTIONAL ACHIEVEMENT IN LITERATURE. 10,000
    VIET THANH NGUYESS
    140 SIERRA VIEW ROAD
    PASSADENA,CA91105
        TO HONOR EXCEPTIONAL ACHIEVEMENT IN LITERATURE. 10,000
    JANINE DI GIOVANNI
    117 EAST 77 STREET APT 10 C
    NEW YORK,NY10075
        FOR ACHIEVEMENT IN NONFICTION. 25,000
    HANYA YANAGIHA
    95 GREENE STREET 2B
    NEW YORK,NY10012
        TO ENCOURAGE A YOUNG, TALENTED PLAYWRIGHT. 20,000
    STEPHEN SEXTON
    35 MARLBOUROUGH AVENUE
    DERRY   BT 48 98Q
    UK
        TO A YOUNG WRITER FROM THE UK OR IRELAND FOR A STAY IN THE UNITED STATES 20,000
    ISABELLA HAMMAD
    1373 DEAN STREET APT2
    BROOKLYN,NY11216
        FOR THE BEST FIRST NOVEL OR COLLECTION OF SHORT STORIES IN 2018. 5,000
    CHRISTINE SCHUTT
    51 EAST 90TH STREET
    NEW YORK,NY10128
        TO A PROSE WRITER WHOSE ACHIEVEMENTS AND DEDICATION TO THE LITERARY PROFESSION HAVE BEEN DEMONSTRATED. 20,000
    MARY RUEFLE
    112 HILLSIDE STREET
    NORTH BENNINGTON,VT05257
        TO AN EXCEPTIONAL POET. 20,000
    VALERIA LUISELLI
    55 ADRIAN AVENUE
    BRONX,NY10463
        TO A YOUNG WRITER FOR AN OUTSTANDING NOVEL PUBLISHED IN 2019. 10,000
    ALEX KOTLOWITZ
    1251 W WINNEMAC AVENUE
    CHICAGO,IL60640
        TO A WRITER WHOSE WORK MERITS RECOGNITION FOR THE QUALITY OF ITS ITS PROSE STYLE. 20,000
    LINDA ASHER
    201 WEST 86TH STREET APT 505
    NEW YORK,NY10024
        FOR A SIGNIFICANT CONTRIBUTION TO THE ART OF LITERARY TRANSLATION. 20,000
    BRENDA HILLMAN
    438 BELOIT AVENUE
    KENSINGTON,CA94708
        TO A POET OF PROGRESSIVE, ORIGINAL, AND EXPERIMENTAL TENDENCIES. 10,000
    TED HEARNE
    872 LUCILE AVENUE
    LOS ANGELES,CA90026
        TO HONOR EXCEPTIONAL ACHIEVEMENT LITERATURE. 10,000
    AMY BETH KIRSTEN
    655 ORANGE STREET APT 1
    NEW HAVEN,CT06511
        TO HONOR EXCEPTIONAL ACHIEVEMENT IN MUSIC COMPOSTION. 10,000
    ALEXANDRE LUNSQUI
    560 RIVERSIDE DRIVE 3C
    NEW YORK,NY10027
        TO HONOR EXCEPTIONAL ACHIEVEMENT IN MUSIC COMPOSTION. 10,000
    ANDREIA PINTO CORREIA
    352 ARGYLE ROAD
    BROOKLYN,NY11218
        TO HONOR EXCEPTIONAL ACHIEVEMENT IN MUSIC COMPOSITION. 10,000
    DAVID HERTZBERG
    1855 CANYON DRIVE
    LOS ANGELES,CA90028
        TO A COMPOSER OF DEMONSTRATIED ARTISTIC MERIT. 10,000
    TIMO ANDRES
    12 CONSELYEA STREET APT 1
    BROOKLYN,NY11211
        TO AN OUTSTANDING YOUNG COMPOSER. 15,000
    MATTHEW RICKETTS
    71 SOUTH ELLIOTT PLACE APT 2R
    BROOKLYN,NY11217
        TO AN OUTSTANDING YOUNG COMPOSER. 15,000
    JACK HUGHES
    4538 NORTH CLARK STREET 302
    CHICAGO,IL60640
        TO A YOUNG COMPOSER FOR CONTINUED STUDY. 7,500
    AARON ISRAEL LEVIN
    65 DWIGHT STREET APT 61
    NEW HAVEN,CT06511
        TO A YOUNG COMPOSER FOR CONTINUED STUDY. 7,500
    HUIJUAN LING
    2808 CROASDAILE DRIVE APT R6
    DURHAM,NC27705
        TO A YOUNG COMPOSER FOR CONTINUED STUDY. 7,500
    NATE MAY
    435 BLEEKER STREET APT 2L
    BROOKLYN,NY11237
        TO A YOUNG COMPOSER FOR CONTINUED STUDY. 7,500
    JASON MULLIGAN
    5537 SUNLIGHT DRIVE APT 301
    DURHAM,NC27707
        TO A YOUNG COMPOSER FOR CONTINUED STUDY. 7,500
    DAVID CLAY METTENS
    5732 S BLACKSTONE AVENUE 2W
    CHICAGO,IL60637
        TO A YOUNG COMPOSER FOR CONTINUED STUDY. 7,500
    JEREMY GILL
    2 WASHINGTON SQUARE VILLAGE 16-O
    NEW YORK,NY10012
        TO AN OUTSTANDING YOUNG COMPOSER. 15,000
    ADAM SCHOENBERG
    1619 FAIR PARK AVENUE
    LOS ANGELES,CA90041
        TO AN OUTSTANDING YOUNG COMPOSER. 15,000
    CHARLES IVES SOCIETY
    C/O DONALD BERMAN GRANOFF MUSIC
    CENTER 20 TALBOT AVE
    MEDFORD,MA02155
        TO FURTHER THE WORK OF CHARLES IVES. 50,000
    JAMES PRIMOSCH
    8512 STENTON AVENUE
    PHILADELPHIA,PA19118
        TO AN EXCEPTIONAL AMERICAN COMPOSER OF VOCAL WORKS. 40,000
    THE CENTER FOR ARTS EDUCATION
    299 BROADWAY SUITE 1300
    NEW YORK,NY10007
        TO AN NEW YORK CITY INSTITUTION WHO SUPPORTS PUBLIC SCHOOL EDUCATION. 5,000
    HUCK HODGE
    4883 TERRACE DRIVE NE
    SEATTLE,WA98105
        TO PROVIDE A COMPOSER AN INCOME, ELIMINATING HIS NEED TO WORK OUTSIDE OF MUSIC COMPOSITION. 50,000
    AMY BENNET
    520 WEST 21 STREET
    NEW YORK,NY10011
        FOR THE PURCHASE OF PAINTINGS AND WORKS ON PAPER BY LIVING ARTISTS, AND THEIR DONATION TO MUSEUMS THROUGHOUT THE COUNTRY. 8,800
    MIKE CLOUD
    526 WEST 26 ST SUITES 412-413
    NEW YORK,NY10001
        FOR THE PURCHASE OF PAINTINGS AND WORKS ON PAPER BY LIVING ARTISTS, AND THEIR DONATION TO MUSEUMS THROUGHOUT THE COUNTRY. 27,200
    TRENTON DOYLE HANCOCK
    48 WALKER STREET
    NEW YORK,NY10013
        FOR THE PURCHASE OF PAINTINGS AND WORKS ON PAPER BY LIVING ARTISTS, AND THEIR DONATION TO MUSEUMS THROUGHOUT THE COUNTRY. 12,000
    BARBARA ESS
    94 ALLEN STREET
    NEW YORK,NY10002
        FOR THE PURCHASE OF PAINTINGS AND WORKS ON PAPER BY LIVING ARTISTS, AND THEIR DONATION TO MUSEUMS THROUGHOUT THE COUNTRY. 4,500
    ERIK FOSS
    188 SUFFOLK STREET 5K
    NEW YORK,NY10012
        FOR THE PURCHASE OF PAINTINGS AND WORKS ON PAPER BY LIVING ARTISTS, AND THEIR DONATION TO MUSEUMS THROUGHOUT THE COUNTRY. 15,000
    LONNIE HOLLEY
    545 WEST 25 STREET
    NEW YORK,NY10001
        FOR THE PURCHASE OF PAINTINGS AND WORKS ON PAPER BY LIVING ARTISTS, AND THEIR DONATION TO MUSEUMS THROUGHOUT THE COUNTRY. 10,000
    RIDLEY HOWARD
    1 OLIVER STREET
    NEW YORK,NY10038
        FOR THE PURCHASE OF PAINTINGS AND WORKS ON PAPER BY LIVING ARTISTS, AND THEIR DONATION TO MUSEUMS THROUGHOUT THE COUNTRY. 6,000
    YUN-FEI JI
    48 WALKER STREET
    NEW YORK,NY10013
        FOR THE PURCHASE OF PAINTINGS AND WORKS ON PAPER BY LIVING ARTISTS, AND THEIR DONATION TO MUSEUMS THROUGHOUT THE COUNTRY. 8,000
    CHEYENNE JULIEN
    POB 20428
    NEW YORK,NY10009
        FOR THE PURCHASE OF PAINTINGS AND WORKS ON PAPER BY LIVING ARTISTS, AND THEIR DONATION TO MUSEUMS THROUGHOUT THE COUNTRY. 6,300
    SIOBHAN LIDDELL
    268 WEST 12TH STREET 2E
    NEW YORK,NY10014
        FOR THE PURCHASE OF PAINTINGS AND WORKS ON PAPER BY LIVING ARTISTS, AND THEIR DONATION TO MUSEUMS THROUGHOUT THE COUNTRY. 7,200
    MEDRIE MACPHEE
    15 RIVINGTON STREET
    NEW YORK,NY10002
        FOR THE PURCHASE OF PAINTINGS AND WORKS ON PAPER BY LIVING ARTISTS, AND THEIR DONATION TO MUSEUMS THROUGHOUT THE COUNTRY. 20,000
    KARYN OLIVER
    431 W STAFFORD STREET
    PHILADELPHIA,PA19144
        FOR THE PURCHASE OF PAINTINGS AND WORKS ON PAPER BY LIVING ARTISTS, AND THEIR DONATION TO MUSEUMS THROUGHOUT THE COUNTRY. 1,700
    RONA PONDRICK
    32 COOPER SQUARE
    NEW YORK,NY10003
        FOR THE PURCHASE OF PAINTINGS AND WORKS ON PAPER BY LIVING ARTISTS, AND THEIR DONATION TO MUSEUMS THROUGHOUT THE COUNTRY. 30,000
    NATHLIE PROVOSTY
    291 GRAND STREET 4TH FLOOR
    NEW YORK,NY10002
        FOR THE PURCHASE OF PAINTINGS AND WORKS ON PAPER BY LIVING ARTISTS, AND THEIR DONATION TO MUSEUMS THROUGHOUT THE COUNTRY. 6,800
    ROGER SHIMOMURA
    1424 WAGON WHEEL ROAD
    LAWRENCE,KS66049
        FOR THE PURCHASE OF PAINTINGS AND WORKS ON PAPER BY LIVING ARTISTS, AND THEIR DONATION TO MUSEUMS THROUGHOUT THE COUNTRY. 8,000
    BRIAN WOOD
    626 COUNTY ROUTE 5
    EAST CHATHAM,NY12060
        FOR THE PURCHASE OF PAINTINGS AND WORKS ON PAPER BY LIVING ARTISTS, AND THEIR DONATION TO MUSEUMS THROUGHOUT THE COUNTRY. 8,500
    MARK AMITIN
    55 BETHUNE STREET 509A
    NEW YORK,NY10014
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 10,000
    GINA ANGELONE
    213 HIGHLAND AVENUE
    PHILADELPHIA,PA19118
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 3,000
    CLAIRE ARENIUS
    112 WEST STREET APT 1
    HADLEY,MA01035
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 3,000
    ELIZA BAGG
    1015 N AVENUE 51
    LOS ANGLES,CA90042
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 3,000
    PATRICK BARTLEY JR
    3054 GODWIN TERRACE 24
    BRONX,NY10463
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 3,000
    DONALD BEAL
    18 ALDEN STREET
    PROVINCETOWN,MA02657
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 1,000
    LISA BIELAWA
    610 WEST 164TH STREET 51
    NEW YORK,NY10032
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 3,000
    SUSAN BIRKENHEAD
    10 WEST 74TH STREET 10B
    NEW YORK,NY10023
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 3,000
    PAUL BRANTLEY
    179 BENNETT AVENUE 1J
    NEW YORK,NY10040
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 2,000
    ELENA BRITOS
    117 32ND AVENUE S APT B
    NASHVILLE,TN37212
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 3,000
    STEPHEN BOIDIO
    PO BOX 709
    MAGDALENA,NM87825
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 1,000
    CALEB BURHANS
    852 EAST 7TH STREET 56
    BROOKLYN,NY11230
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 3,000
    DON BYRON
    PO BOX 442
    BOICEVILLE,NY12412
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 3,000
    CHRISTOPHER CERRONE
    2164 CATON AVENUE 4G
    BROOKLYN,NY11226
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 3,000
    SARA CWYNAR
    389 MADISON STREET
    BROOKLYN,NY11221
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 3,000
    TONI DALTON
    463 WEST STREET APT 701D
    NEW YORK,NY10014
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 4,168
    JON DORAZIO
    55 BETHUNE STREET D306
    NEW YORK,NY10014
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 3,000
    JOHN EDMONDS
    909 STERLING PLACE 2
    BROOKLYN,NY11216
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 3,000
    MATTHEW EVANS
    10 COLES STREET 2
    BROOKLYN,NY11231
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 3,000
    GWEN FABRICANT
    463 WEST STREET APT D604
    NEW YORK,NY10014
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 3,000
    DANIEL FELSENFELD
    336 PARK PLACE 3
    BROOKLYN,NY11238
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 11,000
    ARASH FEWZEE
    1715 LINDEN STREET 2R
    QUEENS,NY11385
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 3,000
    STEVEN FLORES
    2470 N FREDERICK AVENUE
    MILWAUKEE,WI53211
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 3,500
    ALLEN GIMBEL
    6556 EASTPOINT PINES STREET
    PALM BEACH GARDENS,FL33418
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 1,000
    JOHNATHAN GOODMAN
    3015 RIVERDALE AVENUE APT 5A
    BRONX,NY10463
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 1,000
    ELLA WITTEMORE HILL
    285 IRVING AVENUE 3L
    BROOKLYN,NY11237
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 2,500
    ARNOLD HINTON
    463 WEST STREET APT C611
    NEW YORK,NY10014
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 2,000
    VANESSA HOBEB
    67 DUBOIS ROAD
    NEW PALTZ,NY12561
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 2,500
    ERIC HOLZMAN
    121 WOOSTER STREET 5R
    NEW YORK,NY10012
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 2,500
    JEROME KITZKE
    55 PARK TERRACE EAST B-21
    NEW YORK,NY10034
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 1,000
    BARBARA KOLB
    80 HOMEWOOD AVENUE 2
    PROVIDENCE,RI02911
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 2,500
    HELEN LESSICK
    BOX 86283
    LOS ANGELES,CA90086
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 1,000
    BARRY LOPEZ
    C/O DEBRA GWARTNEY 2970 EAST 38 ST
    EUGENE,OR97405
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 11,000
    HENRIETTA MANTOOTH
    306 WEST 81ST STREET
    NEW YORK,NY10024
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 2,500
    BUNITA MARCUS
    415 OCEAN PARKWAY APT 3D
    BROOKLYN,NY11218
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 1,000
    DEVIN MORRIS
    274 ST NICHOLAS AVENUE
    BROOKLYN,NY11237
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 2,500
    ANN MOSS
    6449 KENSINGTON AVENUE
    RICHMOND,CA94805
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 2,500
    ANGELICA NEGRON
    1198 HALSEY STREET 1
    BROOKLYN,NY11207
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 2,500
    KELSEY NORRIS
    55 M STREET NW 403
    WASHINGTON,DC20001
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 1,000
    SHARA NOVA
    105 WEST CORBIN STREET 204
    HILLSBOROUGH,NC27278
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 4,700
    CHELSEA NOVELLO
    12030 DONNER PASS ROAD SUITE 1-513
    TRUCKEE,CA96161
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 2,500
    JAMES PAYNE
    PO BOX 2083
    ASTORIA,NY11102
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 7,000
    CHRISTOPHER GORDON PATTISHALL
    2201 AMSTERDAM AVE APT 2A
    NEW YORK,NY10032
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 3,500
    BOBBY PORCELLI
    600 WEST 111 STREET APT 11A2
    NEW YORK,NY10025
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 6,000
    KAZIMIRA RACHFAL
    121 WOOSTER STREET 5R
    NEW YORK,NY10012
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 2,500
    KENNETH REVEIZ
    781 N MAR VISTA AVENUE
    PASADENA,CA91104
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 4,210
    VERONICA RYANWESTBETH CORP
    WESTBETH CORP 55 BETHUNE STREET
    NEW YORK,NY10014
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 1,000
    PATRICK RYAN
    542 EAST 14TH STREET 9
    NEW YORK,NY10009
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 2,500
    CHRISTINE SCHIAVO
    150 BAKER ROAD
    WEST HURLEY,NY12491
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 2,500
    EDWARD SHALALA
    50 DELANCEY STREET 1
    NEW YORK,NY10002
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 1,000
    DAVID SHOHL
    5 TUDOR CITY PLACE 1633
    NEW YORK,NY10017
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 5,000
    RICHARD SIKEN
    3043 BERKELEY AVENUE
    TUCON,AZ85718
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 1,000
    JESS SILFA
    8420 52ND STREET N
    PINELLAS POINT,FL33781
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 8,500
    RICHARD SKOGSBERG
    P O BOX 301
    ROCHESTER,VT05767
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 1,000
    MARIE STILLKIND
    3746 NW 21ST STREET
    FORT LAUDERDALE,FL33311
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 1,000
    NIKOLAS STREIFF
    PO BOX 552
    NORTH SAN JUAN,CA95960
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 5,000
    JEFF TALMAN
    340 HAVERSTRAW ROAD
    SUFFERN,NY10901
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 1,000
    KENNETH M THOMSON
    4015 7TH AVENUE APT 9
    BROOKLYN,NY11232
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 2,500
    ANDREW VIOLETTE
    205 3RD AVENUE 20D
    NEW YORK,NY10003
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 1,000
    CAROLYN VIRGIL
    463 WEST STREET D602
    NEW YORK,NY10014
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 2,500
    DALIT WARSHAW
    7031 LOUBET STREET 1
    FOREST HILLS,NY11375
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 6,000
    JOHN WATROUS
    101 ASHCROFT ROAD
    MEDFORD,MA02155
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 3,000
    LAURIE WEEKS
    13542 ROOSEVELT AVE
    NAMPA,ID83686
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 1,000
    JOHN WILLENBECHER
    C/O PATRICE MARANDELL 3905 CLAYTON
    AVENUE
    LOS ANGELES,CA90027
        TO AID PROFESSIONAL ARTISTS, WRITERS, AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS 1,000
    JUDITH SHERMAN PRODUCTIONS
    645 WEST 239TH STREET SUITE 2A
    RIVERDALE,NY10463
        FOR RECORDING SERVICES FOR ARTS AND LETTERS WINNER KATHRYN ALEXANDER 1,463
    TED HEARNE
    872 LUCILE AVENUE
    LOS ANGELES,CA90026
        FOR THE RECORDING GRANT FROM THE ARTS AND LETTERS AWARD 7,773
    TED HEARNE
    872 LUCILE AVENUE
    LOS ANGELES,CA90026
        FOR THE RECORDING GRANT FROM THE ARTS AND LETTERS AWARD 2,227
    Total .................................bullet 3a 1,213,040
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........
             
    4 Dividends and interest from securities....     14 1,742,762  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............
        18 2,527,479  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aROYALTIES
        15 215,988  
    bRENTAL OF AUDITORIUM     16 0  
    cNAMED AWARDS AND SALE OF PAINTINGS     01 37,495  
    dGAIN ON SALE OF ARTWORK     01 25,000  
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 4,548,724 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    4,548,724
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow
    Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    Firm's EIN SmallBullet
    Firm's address SmallBullet


    Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    AMERICAN ACADEMY OF ARTS AND LETTERS
    EIN:
    13-0429640
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING AND AUDIT SERVICES 71,683 0 0 71,683

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 DepreciationSchedule
    Name:
    AMERICAN ACADEMY OF ARTS AND LETTERS
    EIN:
    13-0429640
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)
    Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    BUILDING 2005-05-11 4,044,762 1,510,218 SL 39.500000000000 102,399 0 102,399  
    LAND 2005-05-11 1,011,191   L   0 0 0  
    ROOF REPLACEMENTS 2007-07-01 135,000 42,767 SL 39.500000000000 3,418 0 3,418  
    ARCHITECT FEES 2007-07-01 48,764 15,452 SL 39.500000000000 1,235 0 1,235  
    SIDEWALK PAVING 2007-07-01 59,200 18,757 SL 39.500000000000 1,499 0 1,499  
    ANNEX CONSTRUCTION 2008-07-01 1,559,109 454,422 SL 39.500000000000 39,471 0 39,471  
    ANNEX CONSTRUCTION 2009-07-01 550,414 146,495 SL 39.500000000000 13,935 0 13,935  
    FURNITURE AND FIXTURES 2009-07-01 66,418 66,418 SL 7.000000000000 0 0 0  
    TERRACE 2010-07-01 23,090 5,564 SL 39.500000000000 585 0 585  
    ANNEX CONSTRUCTION 2010-07-01 24,296 5,851 SL 39.500000000000 615 0 615  
    FURNITURE AND FIXTURES 2010-07-01 21,237 21,237 SL 7.000000000000 0 0 0  
    COMPUTER EQUIPMENT 2011-07-01 9,779 9,779 SL 5.000000000000 0 0 0  
    ANNEX FURNITURE 2011-07-01 17,070 17,070 SL 7.000000000000 0 0 0  
    ANNEX CONSTRUCTION 2011-07-01 34,916 7,514 SL 39.500000000000 884 0 884  
    AUDITORIUM PURCHASES 2011-07-01 31,665 31,665 SL 7.000000000000 0 0 0  
    MISC BUILDING IMPROVEMENTS 2011-07-01 58,076 12,495 SL 39.500000000000 1,470 0 1,470  
    ELEVATOR CIP 2011-12-31 21,760 4,408 SL 39.500000000000 551 0 551  
    ANNEX ROOF CIP 2011-12-31 25,839 5,232 SL 39.500000000000 654 0 654  
    IVES STUDIO 2012-07-01 33,918 33,918 SL 5.000000000000 0 0 0  
    ASBESTOS ABATEMENT 2012-07-01 88,145 16,740 SL 39.500000000000 2,232 0 2,232  
    LINK EXTRAORDINARY REPAIR 2012-07-01 29,521 5,603 SL 39.500000000000 747 0 747  
    ADMIN BUILDING-ELEVATOR 2012-07-01 92,884 17,633 SL 39.500000000000 2,351 0 2,351  
    IVES STUDIO 2013-07-01 488,705 80,418 SL 39.500000000000 12,372 0 12,372  
    LIBRARY STACKS 2013-07-01 20,500 20,500 SL 5.000000000000 0 0 0  
    NORTH GALLERY ROOF 2013-07-01 130,291 21,443 SL 39.500000000000 3,299 0 3,299  
    LINK EXTRAORDINARY REPAIR 2013-07-01 99,416 16,360 SL 39.500000000000 2,517 0 2,517  
    THIRD FLOOR BATHROOM 2013-07-01 26,900 4,427 SL 39.500000000000 681 0 681  
    ROOF 2013-07-01 5,300 871 SL 39.500000000000 134 0 134  
    ADMIN BUILDING ELEVATOR 2013-07-01 6,112 1,007 SL 39.500000000000 155 0 155  
    LIBRARY STACKS 2014-07-01 4,275 4,275 SL 5.000000000000 0 0 0  
    ANNEX 2ND FLOOR CONSTRUCTION 2014-07-01 27,000 3,762 SL 39.500000000000 684 0 684  
    PLUMBING AND ELECTRIC 2014-07-01 8,929 1,243 SL 39.500000000000 226 0 226  
    WHEELCHAIR RAMP 2014-07-01 170,639 23,760 SL 39.500000000000 4,320 0 4,320  
    IVES STUDIO-FINAL PAYMENT 2014-07-01 119,372 16,621 SL 39.500000000000 3,022 0 3,022  
    ARCHITECT FEES 2014-07-01 27,566 3,839 SL 39.500000000000 698 0 698  
    IVES STUDIO 2015-07-01 17,753 2,021 SL 39.500000000000 449 0 449  
    ARCHITECT FEES 2015-07-01 23,500 2,677 SL 39.500000000000 595 0 595  
    ORGAN RESTORATION 2015-07-01 97,613 62,752 SL 7.000000000000 13,945 0 13,945  
    TERRACE 2015-07-01 14,420 1,643 SL 39.500000000000 365 0 365  
    TERRACE DRAIN PIPE 2015-07-01 29,100 18,707 SL 7.000000000000 4,157 0 4,157  
    BUILDING MASONARY 2015-07-01 123,018 14,013 SL 39.500000000000 3,114 0 3,114  
    ART STORAGE 2015-07-01 71,707 8,168 SL 39.500000000000 1,815 0 1,815  
    WHEELCHAIR RAMP 2015-07-01 111,800 12,735 SL 39.500000000000 2,830 0 2,830  
    ACADEMY ANNEX 2015-07-01 5,200 594 SL 39.500000000000 132 0 132  
    ANNEX 2ND FLOOR CONSTRUCTION 2015-07-01 4,344 495 SL 39.500000000000 110 0 110  
    GLASS LINK 2015-07-01 1,700 1,530 SL 5.000000000000 170 0 170  
    ANNEX LIBRARY STACKS 2015-07-01 10,400 9,360 SL 5.000000000000 1,040 0 1,040  
    ANNEX ROOF 2015-07-01 8,730 7,857 SL 5.000000000000 873 0 873  
    SIDEWALK PAVING AND TREES 2015-07-01 21,250 2,421 SL 39.500000000000 538 0 538  
    "DISASTER" ROOM 2015-07-01 7,640 869 SL 39.500000000000 193 0 193  
    ARCHITECT FEES 2016-07-01 11,569 1,025 SL 39.500000000000 293 0 293  
    COMPUTER EQUIPMENT 2016-07-01 849 595 SL 5.000000000000 170 0 170  
    GALLERY LIGHTING 2016-07-01 7,678 3,839 SL 7.000000000000 1,097 0 1,097  
    NORTH GALLERY - RENOVATION 2016-07-01 96,832 8,579 SL 39.500000000000 2,451 0 2,451  
    BUILDING MASONARY 2016-07-01 408,405 36,187 SL 39.500000000000 10,339 0 10,339  
    GARAGE RENOVATION 2016-07-01 9,425 836 SL 39.500000000000 239 0 239  
    BASEMENT REDESIGN 2016-07-01 35,000 3,101 SL 39.500000000000 886 0 886  
    GARAGE ROOF 2016-07-01 30,500 2,702 SL 39.500000000000 772 0 772  
    NORTH GALLERY ROOF & SKYLIGHT 2016-07-01 49,050 4,347 SL 39.500000000000 1,242 0 1,242  
    PLUMBING AND ELECTRIC 2016-07-01 1,965 1,965 SL 3.000000000000 0 0 0  
    ANNEX ASBESTOS ABATEMENT 2016-07-01 55,140 55,140 SL 3.000000000000 0 0 0  
    ANNEX APARTMENT 2016-07-01 13,216 1,172 SL 39.500000000000 335 0 335  
    AUDITORIUM PURCHASES 2016-07-01 5,218 5,218 SL 3.000000000000 0 0 0  
    SIDEWALK AND TREE PITS 2016-07-01 4,879 4,879 SL 3.000000000000 0 0 0  
    TERRACE DRAIN PIPE 2017-07-01 5,980 2,135 SL 7.000000000000 854 0 854  
    AIR CONDITIONING 2017-07-01 5,880 2,100 SL 7.000000000000 840 0 840  
    NORTH GALLERY - RENOVATION 2017-07-01 57,566 3,643 SL 39.500000000000 1,457 0 1,457  
    SOUTH GALLERY 2017-07-01 4,994 2,497 SL 5.000000000000 999 0 999  
    BUILDING MASTER PLAN 2017-07-01 73,530 4,655 SL 39.500000000000 1,862 0 1,862  
    BUILDING MASONARY 2017-07-01 36,647 2,320 SL 39.500000000000 928 0 928  
    ART STORAGE 2017-07-01 82,434 5,217 SL 39.500000000000 2,087 0 2,087  
    ASBESTOS ABATEMENT 2017-07-01 13,105 830 SL 39.500000000000 332 0 332  
    ANNEX ART STORAGE 2017-07-01 86,090 5,448 SL 39.500000000000 2,179 0 2,179  
    ANNEX LIBRARY STACKS 2017-07-01 4,636 2,318 SL 5.000000000000 927 0 927  
    ANNEX ASBESTOS ABATEMENT 2017-07-01 21,550 1,365 SL 39.500000000000 546 0 546  
    ANNEX ROOFING 2017-07-01 4,490 2,245 SL 5.000000000000 898 0 898  
    ORGAN RESTORATION 2017-07-01 26,839 9,585 SL 7.000000000000 3,834 0 3,834  
    COMPUTER EQUIPMENT 2018-07-01 22,300 6,690 SL 5.000000000000 4,460 0 4,460  
    ANNEX 2ND FLOOR CONSTRUCTION 2018-07-01 3,840 823 SL 7.000000000000 549 0 549  
    ADMIN BUILDING OFFICE RENOVATIONS 2018-07-01 4,371 936 SL 7.000000000000 624 0 624  
    ADMIN BUILDING LIBRARY PANELING 2018-07-01 5,000 1,071 SL 7.000000000000 714 0 714  
    RE-UPOLSTERING 2018-07-01 5,175 1,109 SL 7.000000000000 739 0 739  
    ANNEX 155TH STREET FACADE AND ROOF 2018-07-01 5,931 1,271 SL 7.000000000000 847 0 847  
    ADMIN BUILDING STAIRWELL 2018-07-01 6,200 1,329 SL 7.000000000000 886 0 886  
    ART STORAGE FACILITY 2018-07-01 57,719 2,192 SL 39.500000000000 1,461 0 1,461  
    TERRACE RESTORATION 2018-07-01 866,561 32,907 SL 39.500000000000 21,938 0 21,938  
    BUILDING MASTER PLAN 2018-07-01 81,222 3,084 SL 39.500000000000 2,056 0 2,056  
    FURNITURE AND FIXTURES 2019-07-01 8,869 634 SL 7.000000000000 1,267 0 1,267  
    COMPUTER EQUIPMENT 2019-07-01 15,442 1,544 SL 5.000000000000 3,088 0 3,088  
    TERRACE RESTORATION 2019-07-01 1,313,442 16,626 SL 39.500000000000 33,252 0 33,252  
    MISC BUILDING IMPROVEMENTS 2019-07-01 5,969 597 SL 5.000000000000 1,194 0 1,194  
    NORTH BUILDING IMPROVEMENTS 2019-07-01 174,822 2,213 SL 39.500000000000 4,426 0 4,426  
    EAST BUILDING IMPROVEMENTS 2019-07-01 14,072 178 SL 39.500000000000 356 0 356  
    SOUTH BUIDING IMPROVEMENTS 2019-07-01 387,982 4,911 SL 39.500000000000 9,822 0 9,822  
    NORTH BUILDING IMPROVEMENTS 2020-07-01 468,052   SL 39.500000000000 5,925 0 5,925  
    RE-UPOLSTERING 2020-07-01 11,200   SL 7.000000000000 2,062 0 2,062  
    BUILDING MASTER PLAN 2020-07-01 267,903   SL 39.500000000000 3,391 0 3,391  
    EAST BUILDING IMPROVEMENTS 2020-07-01 16,788   SL 39.500000000000 213 0 213  
    SOUTH BUIDING IMPROVEMENTS 2020-07-01 79,024   SL 39.500000000000 1,000 0 1,000  

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    AMERICAN ACADEMY OF ARTS AND LETTERS
    EIN:
    13-0429640
    US Government Securities - End of Year Book Value:

    1,339,805
    US Government Securities - End of Year Fair Market Value:

    1,517,043
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2020 InvestmentsOtherSchedule2
    Name:
    AMERICAN ACADEMY OF ARTS AND LETTERS
    EIN:
    13-0429640
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    RUSSELL 3000 INDEX FUND B AT COST 3,800,299 3,929,928
    VANGUARD INTERNATIONAL VALUE FUND AT COST 13,579,100 16,699,496
    VANGUARD DIVIDEND GROWTH FUND AT COST 3,472,932 5,146,207
    ADAMAS PARTNERS LP AT COST 1,671,546 2,056,869
    LONE JUNIPER LP AT COST 1,364,088 1,983,060
    VANGUARD EMERGING MARKETS ADMIRAL AT COST 4,147,738 4,400,459
    VANGUARD TOTAL WORLD STOCK INDEX FUND AT COST 19,702,522 22,279,662
    BLUESTEM PARTNERS LLC AT COST 9,563,367 17,006,038
    VANGUARD ST TREASURY AT COST 6,890,852 6,784,518
    LONE CASCADE, L.P. AT COST 5,399,821 6,587,090
    HCP ABSOLUTE RETURN FUND OFFSHORE FEEDER AT COST 1,496,454 1,623,946

    TY 2020 LandEtcSchedule2
    Name:
    AMERICAN ACADEMY OF ARTS AND LETTERS
    EIN:
    13-0429640
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    BUILDING 4,044,762 1,612,617 2,432,145  
    LAND 1,011,191 0 1,011,191  
    ROOF REPLACEMENTS 135,000 46,185 88,815  
    ARCHITECT FEES 48,764 16,687 32,077  
    SIDEWALK PAVING 59,200 20,256 38,944  
    ANNEX CONSTRUCTION 1,559,109 493,893 1,065,216  
    ANNEX CONSTRUCTION 550,414 160,430 389,984  
    FURNITURE AND FIXTURES 66,418 66,418 0  
    TERRACE 23,090 6,149 16,941  
    ANNEX CONSTRUCTION 24,296 6,466 17,830  
    FURNITURE AND FIXTURES 21,237 21,237 0  
    COMPUTER EQUIPMENT 9,779 9,779 0  
    ANNEX FURNITURE 17,070 17,070 0  
    ANNEX CONSTRUCTION 34,916 8,398 26,518  
    AUDITORIUM PURCHASES 31,665 31,665 0  
    MISC BUILDING IMPROVEMENTS 58,076 13,965 44,111  
    ELEVATOR CIP 21,760 4,959 16,801  
    ANNEX ROOF CIP 25,839 5,886 19,953  
    IVES STUDIO 33,918 33,918 0  
    ASBESTOS ABATEMENT 88,145 18,972 69,173  
    LINK EXTRAORDINARY REPAIR 29,521 6,350 23,171  
    ADMIN BUILDING-ELEVATOR 92,884 19,984 72,900  
    IVES STUDIO 488,705 92,790 395,915  
    LIBRARY STACKS 20,500 20,500 0  
    NORTH GALLERY ROOF 130,291 24,742 105,549  
    LINK EXTRAORDINARY REPAIR 99,416 18,877 80,539  
    THIRD FLOOR BATHROOM 26,900 5,108 21,792  
    ROOF 5,300 1,005 4,295  
    ADMIN BUILDING ELEVATOR 6,112 1,162 4,950  
    LIBRARY STACKS 4,275 4,275 0  
    ANNEX 2ND FLOOR CONSTRUCTION 27,000 4,446 22,554  
    PLUMBING AND ELECTRIC 8,929 1,469 7,460  
    WHEELCHAIR RAMP 170,639 28,080 142,559  
    IVES STUDIO-FINAL PAYMENT 119,372 19,643 99,729  
    ARCHITECT FEES 27,566 4,537 23,029  
    IVES STUDIO 17,753 2,470 15,283  
    ARCHITECT FEES 23,500 3,272 20,228  
    ORGAN RESTORATION 97,613 76,697 20,916  
    TERRACE 14,420 2,008 12,412  
    TERRACE DRAIN PIPE 29,100 22,864 6,236  
    BUILDING MASONARY 123,018 17,127 105,891  
    ART STORAGE 71,707 9,983 61,724  
    WHEELCHAIR RAMP 111,800 15,565 96,235  
    ACADEMY ANNEX 5,200 726 4,474  
    ANNEX 2ND FLOOR CONSTRUCTION 4,344 605 3,739  
    GLASS LINK 1,700 1,700 0  
    ANNEX LIBRARY STACKS 10,400 10,400 0  
    ANNEX ROOF 8,730 8,730 0  
    SIDEWALK PAVING AND TREES 21,250 2,959 18,291  
    "DISASTER" ROOM 7,640 1,062 6,578  
    ARCHITECT FEES 11,569 1,318 10,251  
    COMPUTER EQUIPMENT 849 765 84  
    GALLERY LIGHTING 7,678 4,936 2,742  
    NORTH GALLERY - RENOVATION 96,832 11,030 85,802  
    BUILDING MASONARY 408,405 46,526 361,879  
    GARAGE RENOVATION 9,425 1,075 8,350  
    BASEMENT REDESIGN 35,000 3,987 31,013  
    GARAGE ROOF 30,500 3,474 27,026  
    NORTH GALLERY ROOF & SKYLIGHT 49,050 5,589 43,461  
    PLUMBING AND ELECTRIC 1,965 1,965 0  
    ANNEX ASBESTOS ABATEMENT 55,140 55,140 0  
    ANNEX APARTMENT 13,216 1,507 11,709  
    AUDITORIUM PURCHASES 5,218 5,218 0  
    SIDEWALK AND TREE PITS 4,879 4,879 0  
    TERRACE DRAIN PIPE 5,980 2,989 2,991  
    AIR CONDITIONING 5,880 2,940 2,940  
    NORTH GALLERY - RENOVATION 57,566 5,100 52,466  
    SOUTH GALLERY 4,994 3,496 1,498  
    BUILDING MASTER PLAN 73,530 6,517 67,013  
    BUILDING MASONARY 36,647 3,248 33,399  
    ART STORAGE 82,434 7,304 75,130  
    ASBESTOS ABATEMENT 13,105 1,162 11,943  
    ANNEX ART STORAGE 86,090 7,627 78,463  
    ANNEX LIBRARY STACKS 4,636 3,245 1,391  
    ANNEX ASBESTOS ABATEMENT 21,550 1,911 19,639  
    ANNEX ROOFING 4,490 3,143 1,347  
    ORGAN RESTORATION 26,839 13,419 13,420  
    COMPUTER EQUIPMENT 22,300 11,150 11,150  
    ANNEX 2ND FLOOR CONSTRUCTION 3,840 1,372 2,468  
    ADMIN BUILDING OFFICE RENOVATIONS 4,371 1,560 2,811  
    ADMIN BUILDING LIBRARY PANELING 5,000 1,785 3,215  
    RE-UPOLSTERING 5,175 1,848 3,327  
    ANNEX 155TH STREET FACADE AND ROOF 5,931 2,118 3,813  
    ADMIN BUILDING STAIRWELL 6,200 2,215 3,985  
    ART STORAGE FACILITY 57,719 3,653 54,066  
    TERRACE RESTORATION 866,561 54,845 811,716  
    BUILDING MASTER PLAN 81,222 5,140 76,082  
    FURNITURE AND FIXTURES 8,869 1,901 6,968  
    COMPUTER EQUIPMENT 15,442 4,632 10,810  
    TERRACE RESTORATION 1,313,442 49,878 1,263,564  
    MISC BUILDING IMPROVEMENTS 5,969 1,791 4,178  
    NORTH BUILDING IMPROVEMENTS 174,822 6,639 168,183  
    EAST BUILDING IMPROVEMENTS 14,072 534 13,538  
    SOUTH BUIDING IMPROVEMENTS 387,982 14,733 373,249  
    NORTH BUILDING IMPROVEMENTS 468,052 5,925 462,127  
    RE-UPOLSTERING 11,200 2,062 9,138  
    BUILDING MASTER PLAN 267,903 3,391 264,512  
    EAST BUILDING IMPROVEMENTS 16,788 213 16,575  
    SOUTH BUIDING IMPROVEMENTS 79,024 1,000 78,024  


    TY 2020 LegalFeesSchedule
    Name:
    AMERICAN ACADEMY OF ARTS AND LETTERS
    EIN:
    13-0429640
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES AND SERVICES 49,452 0 0 49,452


    TY 2020 OtherAssetsSchedule
    Name:
    AMERICAN ACADEMY OF ARTS AND LETTERS
    EIN:
    13-0429640
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    OTHER ASSETS 35,491 20,498 20,498


    TY 2020 OtherExpensesSchedule
    Name:
    AMERICAN ACADEMY OF ARTS AND LETTERS
    EIN:
    13-0429640
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    REPAIRS AND MAINTENANCE 17,912 0 0 17,912
    INVESTMENT FEES 508,113 508,113 508,113 0
    SUPPLIES AND ADMINSTRATIVE 70,730 0 0 70,730
    TELEPHONE AND UTILITIES 109,055 0 0 109,055
    INSURANCE 91,825 0 0 91,825
    PUBLICATIONS 25,311 0 0 25,311
    EQUIPMENT & BUILDING SUPPLIES 13,311 0 0 13,311
    PUBLICITY 9,850 0 0 9,850
    SECURITY 89,016 0 0 89,016
    OTHER CEREMONIAL EXPENSE 347,678 0 0 0
    CONSERVATION OF ART COLLECTION 64,052 0 0 64,052


    TY 2020 OtherIncomeSchedule2
    Name:
    AMERICAN ACADEMY OF ARTS AND LETTERS
    EIN:
    13-0429640
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ROYALTIES 215,988   215,988
    NAMED AWARDS AND SALE OF PAINTINGS 37,495   37,495
    GAIN ON SALE OF ARTWORK 25,000   25,000


    TY 2020 TaxesSchedule
    Name:
    AMERICAN ACADEMY OF ARTS AND LETTERS
    EIN:
    13-0429640
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX-PAYROLL 104,592 0 0 104,592
    FOREIGN TAXES 2,185 0 0 2,185