TY 2021 Form 990PF

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)
	1	Contributions, gifts, grants, etc., received (attach schedule)	260,613
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	2,330,895	2,330,895	2,330,895
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		7,654,181
b	Gross sales price for all assets on line 6a 20,671,251
7	Capital gain net income (from Part IV, line 2)...		7,654,181
8	Net short-term capital gain.........			3,833,229
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).......		172,048	0	172,048
12	Total. Add lines 1 through 11........	10,417,737	9,985,076	6,336,172
	13	Compensation of officers, directors, trustees, etc.	261,396	0	0	0
14	Other employee salaries and wages......	802,106	0	0	0
15	Pension plans, employee benefits.......	491,785	0	0	0
16a	Legal fees (attach schedule).........		5,188	0	0	5,188
b	Accounting fees (attach schedule).......		74,994	0	0	74,994
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		117,232	0	0	117,232
19	Depreciation (attach schedule) and depletion...		382,272	0	382,272
20	Occupancy..............
21	Travel, conferences, and meetings.......	57,577	0	0	57,577
22	Printing and publications..........
23	Other expenses (attach schedule).......		1,196,843	323,172	323,172	504,002
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	3,389,393	323,172	705,444	758,993
25	Contributions, gifts, grants paid.......	1,154,581			1,154,581
26	Total expenses and disbursements. Add lines 24 and 25	4,543,974	323,172	705,444	1,913,574
	27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	5,873,763
b	Net investment income (if negative, enter -0-)		9,661,904
c	Adjusted net income (if negative, enter -0-)...			5,630,728

(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 FUND	P	2009-01-01	2021-07-01
b	US TIPS FUND B	P	2009-01-01	2021-07-01
c	VANGUARD ST TREASURY FUND	P	2020-04-01	2021-07-01
d	VANGUARD INTERNATIONAL VALUE FUND	P	2009-01-01	2021-07-01
e	VANGUARD FTSE	P	2021-04-01	2021-09-01
	VANGUARD TOTAL WORLD STOCK FUND	P	2018-07-01	2021-07-01
	JPM PRIME MM FUND	P	2020-07-01	2021-07-01
	SNOWFLAKE INC.	P	2021-12-15	2021-12-16
	BLUESTEM	P	2021-12-15	2021-12-16
	LOAN JUNIPER	P	2013-07-01	2021-07-01
	CAPITAL GAINS DIVIDENDS	P

(e) Gross sales price	(f) Depreciation allowed (or allowable)	(h) Gain or (loss) (e) plus (f) minus (g)
a	4,851	4,848	3
b	1,808	1,600	208
c	680,000	686,903	-6,903
d	7,650,000	6,162,894	1,487,106
e	349,714	330,304	19,410
	659,865	596,642	63,223
	100,000	97,872	2,128
	3,846,191	3,737,419	108,772
	3,737,419	34,500	3,702,919
	1,983,060	1,364,088	618,972
	1,658,343		1,658,343

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7		2	7,654,181
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 ...................	3	3,833,229

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: 1985-11-04(attach copy of letter if necessary–see instructions)
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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	2021 estimated tax payments and 2020 overpayment credited to 2021	6a
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c
d	Backup withholding erroneously withheld ...........	6d

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.......	9	0
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...	10
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax	Refunded	11

(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	243,525	0	17,871
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


JAY RAHHALI	DIRECTOR FACILITIES 37.50	168,300	0	49,209
633 WEST 155 STREET NEW YORK,NY10032
ARDITH HOLMGRAIN	DEPUTY DIRECTOR 30.00	141,525	0	49,185
633 WEST 155 STREET NEW YORK,NY10032
SOUHAD RAFEY	CURATOR EXHIBITIONS 30.00	130,909	0	33,675
633 WEST 155 STREET NEW YORK,NY10032
DAVID CLARKE	DIRECTOR OF TECHNOLO 37.50	84,000	0	25,038
633 WEST 155 STREET NEW YORK,NY10032
ASHLEY FEDOR	PROGRAM DIRECTOR, LI 37.50	78,122	0	17,624
633 WEST 155 STREET NEW YORK,NY10032
Total number of other employees paid over $50,000...................	0

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) 2021	(b) 2020	(c) 2019	(d) 2018
5,138,499	1,146,815	3,178,401	4,002,843	13,466,558
b 85% (0.85) of line 2a .........	4,367,724	974,793	2,701,641	3,402,417	11,446,574
c Qualifying distributions from Part XI, line 4 for each year listed .....	1,913,574	1,997,011	2,104,847	1,972,735	7,988,167
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 ....	1,913,574	1,997,011	2,104,847	1,972,735	7,988,167
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 IX, line 6 for each year listed ..	3,425,666	3,164,707	2,845,599	2,668,562	12,104,534
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

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
AK BURNS 42 RUE DE TURENNE F PARIS FR			FOR THE PURCHASE OF PAINTINGS AND WORKS ON PAPER BY LIVING ARTISTS, AND THEIR DONATION TO MUSEUMS THROUGHOUT THE COUNTRY.	9,600
ADAM HURWITZ 223 WEST 21 ST 4K NEW YORK,NY10011			FOR THE PURCHASE OF PAINTINGS AND WORKS ON PAPER BY LIVING ARTISTS, AND THEIR DONATION TO MUSEUMS THROUGHOUT THE COUNTRY.	10,000
ADAM RAPP CO L SENDER SENDER MANAGEMENT 5746 CRYSTAL SHORES DRIVE 301 BOYNTON BEACH,FL33437			TO HONOR EXCEPTIONAL ACHIEVEMENT IN LITERATURE.	10,000
AKI SASAMOTO 131 74TH STREET 2H BROOKLYN,NY11209			TO HONOR EXCEPTIONAL ACHIEVEMENT IN ART.	10,000
ALEXIS LAMB 100 LYON STREET APT 3 NEW HAVEN,CT06511			TO A YOUNG COMPOSER FOR CONTINUED STUDY	7,500
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
ALVA ROGERS 400 WEST 43 STREET 22L NEW YORK,NY10036			TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS.	16,000
ANDREW VIOLETTE 205 3RD AVENUE 20D NEW YORK,NY10003			TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS.	1,000
ANN MEREDITH 69 WEST 9TH STREET 9J NEW YORK,NY10001			TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS.	3,500
ANNA POTTER 22 SPACKENKILL ROAD POUGHKEEPSIE,NY12603			TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS.	16,000
ANNIE GOSFIELD 301 EAST 12TH STREET 3D NEW YORK,NY10003			TO HONOR EXCEPTIONAL ACHIEVEMENT IN MUSIC COMPOSTION.	10,000
ARNOLD HINTON 463 WEST STREET APT C611 NEW YORK,NY10014			TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS.	1,000
ASPEN MAYS 16 MAIN STREET BROOKLYN,NY11201			FOR THE PURCHASE OF PAINTINGS AND WORKS ON PAPER BY LIVING ARTISTS, AND THEIR DONATION TO MUSEUMS THROUGHOUT THE COUNTRY.	20,000
BENJAMIN TAYLOR 146 WEST 57 STREET 49A NEW YORK,NY10019			TO HONOR EXCEPTIONAL ACHIEVEMENT IN LITERATURE.	10,000
BOBBY PORCELLI 600 WEST 111 STREET APT 11A2 NEW YORK,NY10025			TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS.	16,000
BUNITA MARCUS 415 OCEAN PARKWAY APT 3D BROOKLYN,NY11218			TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS.	1,000
CARL BETTENDORG 3119 BAILEY AVENUE APT 5G BRONX,NY10463			TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS.	5,000
CARMEN WINANT 3859 OLENTANGY BLVD COLUMBUS,OH43214			TO HONOR EXCEPTIONAL ACHIEVEMENT IN ART	10,000
CAROLYN VIRGIL 463 WEST STREET D602 NEW YORK,NY10014			TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS.	1,000
CAROLYN YARNELL 7562 ELLIS AVENUE F5 HUNTINGTON BEACH,CA92648			TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS.	1,000
CHARLES IVES SOCIETY C/O DONALD BERMAN GRANOFF MUSIC CENTER 20 TALBOT AVE MEDFORD,MA02155			TO FURTHER THE WORK OF CHARLES IVES.	50,000
CHIE FUEKI 4835 W JERFFERSON BLVD LOS ANGELES,CA90016			FOR THE PURCHASE OF PAINTINGS AND WORKS ON PAPER BY LIVING ARTISTS, AND THEIR DONATION TO MUSEUMS THROUGHOUT THE COUNTRY.	25,600
CHRISTIAAN VAN VOORST VAN BEEST 372 DOUGLASS STREET APT 2 BROOKLYN,NY11217			TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS.	5,000
COCO FUSCO 66 GREENE STREET BROOKLYN,NY11238			TO HONOR EXCEPTIONAL ACHIEVEMENT IN ART	10,000
DAVID SANFORD 94 MARKET STREET NORTHAMPTON,MA01060			TO HONOR EXCEPTIONAL ACHIEVEMENT IN MUSIC COMPOSTION.	10,000
DIANE SEUSS 144 MONROE STREET KALAMAZOO,MI49006			TO A WRITER WHOSE WORK HAS DEMONSTRATED CONSISTENT EXCELLENCE.	20,000
DONALD BEAL 18 ALDEN STREET PROVINCETOWN,MA02657			TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS.	1,000
DOUGLAS STUART 252 EAST 7TH ST APT 13 14 NEW YORK,NY10009			FOR THE BEST FIRST NOVEL OR COLLECTION OF SHORT STORIES IN 2018.	5,000
DREAD SCOTT 811 CORTELYOU RD 3F BROOKLYN,NY11218			FOR THE PURCHASE OF PAINTINGS AND WORKS ON PAPER BY LIVING ARTISTS, AND THEIR DONATION TO MUSEUMS THROUGHOUT THE COUNTRY.	17,500
DWAYNE OYLER AND JENNY WU 2450 HYPERION AVENUE LOS ANGELES,CA90027			TO HONOR EXCEPTIONAL ACHIEVEMENT IN ARCHITECTURE.	10,000
DYANI WHITE HAWK POLK 1848 WESTCHESTER LANE SHAKOPEE,MN55379			TO HONOR EXCEPTIONAL ACHIEVEMENT IN ARCHITECTURE.	10,000
EDWARD SHALALA 50 DELANCEY STREET 1 NEW YORK,NY10002			TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS.	1,000
EHUD PERLMAN 46 BISHOP STREET APT 1 NEW HAVEN,CT06511			TO A YOUNG COMPOSER FOR CONTINUED STUDY.	7,500
EJ HAUSER 300 BROOME STREET NEW YORK,NY10002			FOR THE PURCHASE OF PAINTINGS AND WORKS ON PAPER BY LIVING ARTISTS, AND THEIR DONATION TO MUSEUMS THROUGHOUT THE COUNTRY.	8,500
ELENA SISTO 4835 W JERFFERSON BLVD LOS ANGELES,CA90016			FOR THE PURCHASE OF PAINTINGS AND WORKS ON PAPER BY LIVING ARTISTS, AND THEIR DONATION TO MUSEUMS THROUGHOUT THE COUNTRY.	4,160
ELIZABETH TUBERGEN 107 BRATTLEBORO ROAD LEYDEN,MA01337			TO HONOR EXCEPTIONAL ACHIEVEMENT IN ARCHITECTURE.	10,000
ERIN M RILEY 392 BROADWAY NEW YORK,NY10013			FOR THE PURCHASE OF PAINTINGS AND WORKS ON PAPER BY LIVING ARTISTS, AND THEIR DONATION TO MUSEUMS THROUGHOUT THE COUNTRY.	20,000
ERSELA KRIPA & STEPHEN MUELLER 299 KINGSPOINT DRIVE 53 EL PASSO,TX79912			TO HONOR EXCEPTIONAL ACHIEVEMENT IN ARCHITECTURE	10,000
FORREST KIRK 8811 BURTON WAY 208 WEST HOLLYWOOD,CA90048			FOR THE PURCHASE OF PAINTINGS AND WORKS ON PAPER BY LIVING ARTISTS, AND THEIR DONATION TO MUSEUMS THROUGHOUT THE COUNTRY.	9,600
FRANCES POLLOCK 627 CHAPEL STREET APT 2C NEW HAVEN,CT06511			TO A YOUNG COMPOSER FOR CONTINUED STUDY.	7,500
GABRIEL KAHANE CO THE GREENROOM RESOURSES PO BOX 6009 BOZEMAN,MT59711			TO AN OUTSTANDING YOUNG COMPOSER.	15,000
GABRIELA FRANK PO BOX 888 BOONVILLE,CA95415			TO HONOR EXCEPTIONAL ACHIEVEMENT IN MUSIC COMPOSITION.	10,000
GABRIELLE BAKKER 931 YAKIMA AVENUE SOUTH SEATTLE,WA98144			TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS.	1,000
GARTH GREENWELL 329 RIVER STREET IOWA CITY,IA52246			TO A WRITER WHOSE WORK MERITS RECOGNITION FOR THE QUALITY OF ITS ITS PROSE STYLE.	20,000
HELEN LESSICK BOX 86283 LOS ANGELES,CA90086			TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS.	1,000
JANA PRIKRYL 860 EAST 18TH STREET 2D BROOKLYN,NY11230			TO HONOR EXCEPTIONAL ACHIEVEMENT IN LITERATURE.	10,000
JANICE REDMAN PO BOX 524 NORTH TRURO,MA02652			TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS.	3,500
JENNIFER COATES 2728 THOMSON AVE LONG ISLAND CITY,NY11101			TO HONOR EXCEPTIONAL ACHIEVEMENT IN ART	10,000
JENNIFER PACKER 138 WEST 132ND STREET 2 NEW YORK,NY10027			TO A YOUNG FIGURATIVE ARTIST.	10,000
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
JERRELL GIBBS 123 WILLOW BEND DRIVE OWINGS MILLS,MD21117			TO A YOUNG PAINTER OF DISTINCTION.	10,000
JESSICA STOCKHOLDER 5505 S KIMBARK AVENUE CHICAGO,IL60687			TO A VISUAL ARTIST.	10,000
JOEL THOMPSON 76 EVERIT STREET NEW HAVEN,CT06511			TO A YOUNG COMPOSER FOR CONTINUED STUDY.	7,500
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
JON DORAZIO 55 BETHUNE STREET D306 NEW YORK,NY10014			TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS.	6,000
JONATHAN GOODMAN 3015 RIVERDALE AVENUE APT 5A BRONX,NY10463			TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS.	1,000
JUANE QUICK-TO-SEE-SMITH PO BOX 1827 CORRALES,NM87043			TO A VISUAL ARTIST.	10,000
JURI SEO 113 LEWISVILLE ROAD LEWISVILLE,NJ08648			TO A COMPOSER OF DEMONSTRATIED ARTISTIC MERIT	10,000
JUSTIN GARRETT MOORE 310 WEST 120 STREET 3A NEW YORK,NY10027			TO HONOR EXCEPTIONAL ACHIEVEMENT IN	10,000
KALI FAJARDO-ANSTINE 8258 BALSAM WAY ARVACA,CO80005			TO A WRITER OF GREAT PROMISE	10,000
KATE DICAMILLO 4024 HARRIET AVE SOUTH MINNEAPOLIS,MN55409			TO A WRITER FOR ACHIEVEMENT IN CHILDRENS LITERATURE.	10,000
KATHERINE HUBBARD 88 ELDRIDGE ST 5TH FLOOR NEW YORK,NY10002			FOR THE PURCHASE OF PAINTINGS AND WORKS ON PAPER BY LIVING ARTISTS, AND THEIR DONATION TO MUSEUMS THROUGHOUT THE COUNTRY.	6,400
KATHRYN SCANLAN 3043 BERKELEY AVE LOS ANGELES,CA90026			TO HONOR EXCEPTIONAL ACHIEVEMENT IN LITERATURE.	10,000
KATORI HALL 800 KENDALL KNOLL WAY SE MABLETON,GA30126			TO HONOR EXCEPTIONAL ACHIEVEMENT IN LITERATURE.	10,000
KONING FAMILY TRUST 1454 25TH STREET 2ND FLOOR SANTA MONICA,CA90404			TO HONOR EXCEPTIONAL ACHIEVEMENT IN ARCHITECTURE.	10,000
LAURA VAN DEN BERG 4883 TERRACE DRIVE NE SEATTLE,WA98105			TO PROVIDE A WRITER AN INCOME, ELIMINATING HIS NEED TO WORK OUTSIDE OF WRITING.	50,000
LAUREN HALSEY 1922 WEST 81ST STREET LOS ANGELES,CA90047			TO A VISUAL ARTIST.	10,000
LAURIE WEEKS 13542 ROOSEVELT AVE NAMPA,ID83686			TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS.	1,000
LAVA THOMAS 1275 MINNESOTA STREET SAN FRANCISCO,CA94107			FOR THE PURCHASE OF PAINTINGS AND WORKS ON PAPER BY LIVING ARTISTS, AND THEIR DONATION TO MUSEUMS THROUGHOUT THE COUNTRY.	22,000
LAYLAH ALI 6830 SANTA MONICA BLVD LOS ANGELES,CA90038			FOR THE PURCHASE OF PAINTINGS AND WORKS ON PAPER BY LIVING ARTISTS, AND THEIR DONATION TO MUSEUMS THROUGHOUT THE COUNTRY.	21,600
LAYLI LONG SOLDIER 925-A DUNLAP STREET SANTA FE,NM87501			TO HONOR EXCEPTIONAL ACHIEVEMENT IN LITERATURE.	10,000
LEI LIANG 4239 CALLE MAR DE BALLENAS SAN DIEGO,CA92130			TO AN OUTSTANDING YOUNG COMPOSER.	15,000
LESLIE HEWITT 130 ORCHARD STREET NEW YORK,NY10002			FOR THE PURCHASE OF PAINTINGS AND WORKS ON PAPER BY LIVING ARTISTS, AND THEIR DONATION TO MUSEUMS THROUGHOUT THE COUNTRY.	16,000
LISA CORINNE DAVIS 150 NORTH 5TH ST PHG BROOKLYN,NY11211			TO HONOR EXCEPTIONAL ACHIEVEMENT IN ARCHITECTURE.	10,000
MAREN HASSINGER 522 WEST 24 ST NEW YORK,NY10011			FOR THE PURCHASE OF PAINTINGS AND WORKS ON PAPER BY LIVING ARTISTS, AND THEIR DONATION TO MUSEUMS THROUGHOUT THE COUNTRY.	13,500
MARIE TAVROGES STILLKIND 3746 NW 21ST STREET FORT LAUDERDALE,FL33311			TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS.	1,000
MARIE WATT 3806 SE 10TH AVENUE PORTLAND,OR97202			TO HONOR EXCEPTIONAL ACHIEVEMENT IN ARCHITECTURE.	10,000
MARINA TABASSUM HOUSE 40 ROAD 6A DHANMONDI DHAKA BG			TO HONOR AN ARCHITECT WHO HAS MADE A SIGNIFICANT CONTRIBUTION TO ARCHITECTURE AS AN ART.	20,000
MARY FRANK PO BOX 695 BEARSVILLE,NY12409			TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS.	3,000
MEG SHEVENOCK 374 SOUTH PACIFIC AVE APT 6 PITTSBURGH,PA15224			TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS.	11,000
MING SMITH 380 MALCOLM X BLVD 10J NEW YORK,NY10027			TO HONOR EXCEPTIONAL ACHIEVEMENT IN ARCHITECTURE.	10,000
NARONG PRANGCHAROEN 5011 WALNUT ST SUITE F KANSAS CITY,MO64112			TO AN OUTSTANDING YOUNG COMPOSER.	15,000
PAM ZHANG 543 OVERLAKE DRIVE E MEDINA,WA90839			TO A YOUNG WRITER OF CONSIDERABLE LIBERARY TALENT FOR A WORK PUBLISHED IN 2020.	10,000
PETER CHARLAP PO BOX 439 STANFORDVILLE,NY12581			FOR THE PURCHASE OF PAINTINGS AND WORKS ON PAPER BY LIVING ARTISTS, AND THEIR DONATION TO MUSEUMS THROUGHOUT THE COUNTRY.	16,000
PETER WILLIAMS 2685 S LA CIENEGA BLVD LOS ANGELES,CA90403			FOR THE PURCHASE OF PAINTINGS AND WORKS ON PAPER BY LIVING ARTISTS, AND THEIR DONATION TO MUSEUMS THROUGHOUT THE COUNTRY.	14,000
REGGIE BURROWS HODGES 29 LISBON STREET 3RD FLOOR LEWISTON,ME04240			TO A VISUAL ARTIST.	10,000
RICHARD SIKEN 3043 BERKELEY AVENUE TUCON,AZ85718			TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS.	1,000
RICHARD SKOGSBERG P O BOX 301 ROCHESTER,VT05767			TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS.	1,000
RM FISCHER 450 BROADWAY SUITE 3F NEW YORK,NY10013			FOR THE PURCHASE OF PAINTINGS AND WORKS ON PAPER BY LIVING ARTISTS, AND THEIR DONATION TO MUSEUMS THROUGHOUT THE COUNTRY.	20,000
SALVATORE SCIBONA 4883 TERRACE DRIVE NE SEATTLE,WA98105			TO PROVIDE A WRITER AN INCOME, ELIMINATING HIS NEED TO WORK OUTSIDE OF WRITING.	33,333
SASKIA HAMILTON 541 WEST 113TH STREET 6D NEW YORK,NY10025			TO HONOR EXCEPTIONAL ACHIEVEMENT IN LITERATURE.	10,000
SAVANNAH KNOOP 88 HORATIO ST 5B NEW YORK,NY10014			FOR THE PURCHASE OF PAINTINGS AND WORKS ON PAPER BY LIVING ARTISTS, AND THEIR DONATION TO MUSEUMS THROUGHOUT THE COUNTRY.	20,000
SHELLEY WASHINGTON 585 MACDONOUGH STREET BROOKLYN,NY11233			TO A YOUNG COMPOSER FOR CONTINUED STUDY	7,500
SIMON TOSKY 165 CORNELL STREET APT 108 KINGSTON,NY12401			FOR THE PURCHASE OF PAINTINGS AND WORKS ON PAPER BY LIVING ARTISTS, AND THEIR DONATION TO MUSEUMS THROUGHOUT THE COUNTRY.	4,400
STEPHEN ADLY GUIRGIS CO DIPERNA ASSOCIATES 31 HUDSON YARDS FL 11 SUITE 26 NEW YORK,NY10001			TO A WRITER WHOSE WORK HAS DEMONSTRATED CONSISTENT EXCELLENCE.	20,000
STEPHEN BOIDIO PO BOX 709 MAGDALENA,NM87825			TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS.	1,000
SULIMAN TEKALLI 725 WEST 172ND STREET APT 65 NEW YORK,NY10032			TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS.	2,500
SUSAN JANE WALP 11 RIVINGTON ST NEW YORK,NY10002			FOR THE PURCHASE OF PAINTINGS AND WORKS ON PAPER BY LIVING ARTISTS, AND THEIR DONATION TO MUSEUMS THROUGHOUT THE COUNTRY.	12,800
SUSANNE BOCANEGRA 66 GREENE STREET 2ND FL NEW YORK,NY10012			TO HONOR EXCEPTIONAL ACHIEVEMENT IN ART.	10,000
SUZANNE JOELSON 530 CANAL STREET NEW YORK,NY10013			TO HONOR EXCEPTIONAL ACHIEVEMENT IN ART.	10,000
THADDEUS MOSLEY 1112 SHERMAN AVENUE PITTSBURGH,PA15212			TO HONOR EXCEPTIONAL ACHIEVEMENT IN ART.	10,000
TONI DALTON 463 WEST STREET APT 701D NEW YORK,NY10014			TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS.	588
TREVOR WESTON 413 UNION STREET 3 BROOKLYN,NY11231			TO HONOR EXCEPTIONAL ACHIEVEMENT IN MUSIC COMPOSITION.	10,000
TYSHAWN SOREY 620 GREYTHORNE ROAD WYNNEWOOD,PA19096			TO AN OUTSTANDING YOUNG COMPOSER.	15,000
VERONICA RYANWESTBETH CORP 55 BETHUNE STREET NEW YORK,NY10014			TO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS.	1,000
WANG LU 1362 E MADISON PARK APT 3 CHICAGO,IL60615			TO A MID-CAREER COMPOSER	10,000
WILLIAM DOUGHERTY 20 LLANDAFF ROAD APT 2A HAVERTOWN,PA19083			TO A YOUNG COMPOSER FOR CONTINUED STUDY.	7,500
WILLIAM VILLALONGO 522 WEST 24 ST NEW YORK,NY10011			FOR THE PURCHASE OF PAINTINGS AND WORKS ON PAPER BY LIVING ARTISTS, AND THEIR DONATION TO MUSEUMS THROUGHOUT THE COUNTRY.	22,500
YOTAM HABER PO BOX 410702 KANSAS CITY,MO64141			TO A COMPOSER TO ENCOURAGE YOUNG TALENT.	20,000
YUYUN LI 48 OAKRIDGE COURT PRINCETON,NJ08540			TO HONOR EXCEPTIONAL ACHIEVEMENT IN LITERATURE.	10,000
Total ................................. 3a				1,154,581

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING AND AUDIT SERVICES	74,994	0	0	74,994

- TIN:

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TY 2021 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	Adjusted Net Income
BUILDING	2005-05-11	4,044,762	1,612,617	SL	39.500000000000	102,399	102,399
LAND	2005-05-11	1,011,191		L		0	0
ROOF REPLACEMENTS	2007-07-01	135,000	46,185	SL	39.500000000000	3,418	3,418
ARCHITECT FEES	2007-07-01	48,764	16,687	SL	39.500000000000	1,235	1,235
SIDEWALK PAVING	2007-07-01	59,200	20,256	SL	39.500000000000	1,499	1,499
ANNEX CONSTRUCTION	2008-07-01	1,559,109	493,893	SL	39.500000000000	39,471	39,471
ANNEX CONSTRUCTION	2009-07-01	550,414	160,430	SL	39.500000000000	13,935	13,935
FURNITURE AND FIXTURES	2009-07-01	66,418	66,418	SL	7.000000000000	0	0
TERRACE	2010-07-01	23,090	6,149	SL	39.500000000000	585	585
ANNEX CONSTRUCTION	2010-07-01	24,296	6,466	SL	39.500000000000	615	615
FURNITURE AND FIXTURES	2010-07-01	21,237	21,237	SL	7.000000000000	0	0
COMPUTER EQUIPMENT	2011-07-01	9,779	9,779	SL	5.000000000000	0	0
ANNEX FURNITURE	2011-07-01	17,070	17,070	SL	7.000000000000	0	0
ANNEX CONSTRUCTION	2011-07-01	34,916	8,398	SL	39.500000000000	884	884
AUDITORIUM PURCHASES	2011-07-01	31,665	31,665	SL	7.000000000000	0	0
MISC BUILDING IMPROVEMENTS	2011-07-01	58,076	13,965	SL	39.500000000000	1,470	1,470
ELEVATOR CIP	2011-12-31	21,760	4,959	SL	39.500000000000	551	551
ANNEX ROOF CIP	2011-12-31	25,839	5,886	SL	39.500000000000	654	654
IVES STUDIO	2012-07-01	33,918	33,918	SL	5.000000000000	0	0
ASBESTOS ABATEMENT	2012-07-01	88,145	18,972	SL	39.500000000000	2,232	2,232
LINK EXTRAORDINARY REPAIR	2012-07-01	29,521	6,350	SL	39.500000000000	747	747
ADMIN BUILDING-ELEVATOR	2012-07-01	92,884	19,984	SL	39.500000000000	2,351	2,351
IVES STUDIO	2013-07-01	488,705	92,790	SL	39.500000000000	12,372	12,372
LIBRARY STACKS	2013-07-01	20,500	20,500	SL	5.000000000000	0	0
NORTH GALLERY ROOF	2013-07-01	130,291	24,742	SL	39.500000000000	3,299	3,299
LINK EXTRAORDINARY REPAIR	2013-07-01	99,416	18,877	SL	39.500000000000	2,517	2,517
THIRD FLOOR BATHROOM	2013-07-01	26,900	5,108	SL	39.500000000000	681	681
ROOF	2013-07-01	5,300	1,005	SL	39.500000000000	134	134
ADMIN BUILDING ELEVATOR	2013-07-01	6,112	1,162	SL	39.500000000000	155	155
LIBRARY STACKS	2014-07-01	4,275	4,275	SL	5.000000000000	0	0
ANNEX 2ND FLOOR CONSTRUCTION	2014-07-01	27,000	4,446	SL	39.500000000000	684	684
PLUMBING AND ELECTRIC	2014-07-01	8,929	1,469	SL	39.500000000000	226	226
WHEELCHAIR RAMP	2014-07-01	170,639	28,080	SL	39.500000000000	4,320	4,320
IVES STUDIO-FINAL PAYMENT	2014-07-01	119,372	19,643	SL	39.500000000000	3,022	3,022
ARCHITECT FEES	2014-07-01	27,566	4,537	SL	39.500000000000	698	698
IVES STUDIO	2015-07-01	17,753	2,470	SL	39.500000000000	449	449
ARCHITECT FEES	2015-07-01	23,500	3,272	SL	39.500000000000	595	595
ORGAN RESTORATION	2015-07-01	97,613	76,697	SL	7.000000000000	13,945	13,945
TERRACE	2015-07-01	14,420	2,008	SL	39.500000000000	365	365
TERRACE DRAIN PIPE	2015-07-01	29,100	22,864	SL	7.000000000000	4,157	4,157
BUILDING MASONARY	2015-07-01	123,018	17,127	SL	39.500000000000	3,114	3,114
ART STORAGE	2015-07-01	71,707	9,983	SL	39.500000000000	1,815	1,815
WHEELCHAIR RAMP	2015-07-01	111,800	15,565	SL	39.500000000000	2,830	2,830
ACADEMY ANNEX	2015-07-01	5,200	726	SL	39.500000000000	132	132
ANNEX 2ND FLOOR CONSTRUCTION	2015-07-01	4,344	605	SL	39.500000000000	110	110
GLASS LINK	2015-07-01	1,700	1,700	SL	5.000000000000	0	0
ANNEX LIBRARY STACKS	2015-07-01	10,400	10,400	SL	5.000000000000	0	0
ANNEX ROOF	2015-07-01	8,730	8,730	SL	5.000000000000	0	0
SIDEWALK PAVING AND TREES	2015-07-01	21,250	2,959	SL	39.500000000000	538	538
"DISASTER" ROOM	2015-07-01	7,640	1,062	SL	39.500000000000	193	193
ARCHITECT FEES	2016-07-01	11,569	1,318	SL	39.500000000000	293	293
COMPUTER EQUIPMENT	2016-07-01	849	765	SL	5.000000000000	84	84
GALLERY LIGHTING	2016-07-01	7,678	4,936	SL	7.000000000000	1,097	1,097
NORTH GALLERY - RENOVATION	2016-07-01	96,832	11,030	SL	39.500000000000	2,451	2,451
BUILDING MASONARY	2016-07-01	408,405	46,526	SL	39.500000000000	10,339	10,339
GARAGE RENOVATION	2016-07-01	9,425	1,075	SL	39.500000000000	239	239
BASEMENT REDESIGN	2016-07-01	35,000	3,987	SL	39.500000000000	886	886
GARAGE ROOF	2016-07-01	30,500	3,474	SL	39.500000000000	772	772
NORTH GALLERY ROOF & SKYLIGHT	2016-07-01	49,050	5,589	SL	39.500000000000	1,242	1,242
PLUMBING AND ELECTRIC	2016-07-01	1,965	1,965	SL	3.000000000000	0	0
ANNEX ASBESTOS ABATEMENT	2016-07-01	55,140	55,140	SL	3.000000000000	0	0
ANNEX APARTMENT	2016-07-01	13,216	1,507	SL	39.500000000000	335	335
AUDITORIUM PURCHASES	2016-07-01	5,218	5,218	SL	3.000000000000	0	0
SIDEWALK AND TREE PITS	2016-07-01	4,879	4,879	SL	3.000000000000	0	0
TERRACE DRAIN PIPE	2017-07-01	5,980	2,989	SL	7.000000000000	854	854
AIR CONDITIONING	2017-07-01	5,880	2,940	SL	7.000000000000	840	840
NORTH GALLERY - RENOVATION	2017-07-01	57,566	5,100	SL	39.500000000000	1,457	1,457
SOUTH GALLERY	2017-07-01	4,994	3,496	SL	5.000000000000	999	999
BUILDING MASTER PLAN	2017-07-01	73,530	6,517	SL	39.500000000000	1,862	1,862
BUILDING MASONARY	2017-07-01	36,647	3,248	SL	39.500000000000	928	928
ART STORAGE	2017-07-01	82,434	7,304	SL	39.500000000000	2,087	2,087
ASBESTOS ABATEMENT	2017-07-01	13,105	1,162	SL	39.500000000000	332	332
ANNEX ART STORAGE	2017-07-01	86,090	7,627	SL	39.500000000000	2,179	2,179
ANNEX LIBRARY STACKS	2017-07-01	4,636	3,245	SL	5.000000000000	927	927
ANNEX ASBESTOS ABATEMENT	2017-07-01	21,550	1,911	SL	39.500000000000	546	546
ANNEX ROOFING	2017-07-01	4,490	3,143	SL	5.000000000000	898	898
ORGAN RESTORATION	2017-07-01	26,839	13,419	SL	7.000000000000	3,834	3,834
COMPUTER EQUIPMENT	2018-07-01	22,300	11,150	SL	5.000000000000	4,460	4,460
ANNEX 2ND FLOOR CONSTRUCTION	2018-07-01	3,840	1,372	SL	7.000000000000	549	549
ADMIN BUILDING OFFICE RENOVATIONS	2018-07-01	4,371	1,560	SL	7.000000000000	624	624
ADMIN BUILDING LIBRARY PANELING	2018-07-01	5,000	1,785	SL	7.000000000000	714	714
RE-UPOLSTERING	2018-07-01	5,175	1,848	SL	7.000000000000	739	739
ANNEX 155TH STREET FACADE AND ROOF	2018-07-01	5,931	2,118	SL	7.000000000000	847	847
ADMIN BUILDING STAIRWELL	2018-07-01	6,200	2,215	SL	7.000000000000	886	886
ART STORAGE FACILITY	2018-07-01	57,719	3,653	SL	39.500000000000	1,461	1,461
TERRACE RESTORATION	2018-07-01	866,561	54,845	SL	39.500000000000	21,938	21,938
BUILDING MASTER PLAN	2018-07-01	81,222	5,140	SL	39.500000000000	2,056	2,056
FURNITURE AND FIXTURES	2019-07-01	8,869	1,901	SL	7.000000000000	1,267	1,267
COMPUTER EQUIPMENT	2019-07-01	15,442	4,632	SL	5.000000000000	3,088	3,088
TERRACE RESTORATION	2019-07-01	1,313,442	49,878	SL	39.500000000000	33,252	33,252
MISC BUILDING IMPROVEMENTS	2019-07-01	5,969	1,791	SL	5.000000000000	1,194	1,194
NORTH BUILDING IMPROVEMENTS	2019-07-01	174,822	6,639	SL	39.500000000000	4,426	4,426
EAST BUILDING IMPROVEMENTS	2019-07-01	14,072	534	SL	39.500000000000	356	356
SOUTH BUIDING IMPROVEMENTS	2019-07-01	387,982	14,733	SL	39.500000000000	9,822	9,822
NORTH BUILDING IMPROVEMENTS	2020-07-01	468,052	5,925	SL	39.500000000000	11,849	11,849
RE-UPOLSTERING	2020-07-01	11,200	2,062	SL	7.000000000000	1,600	1,600
BUILDING MASTER PLAN	2020-07-01	267,903	3,391	SL	39.500000000000	6,782	6,782
EAST BUILDING IMPROVEMENTS	2020-07-01	16,788	213	SL	39.500000000000	425	425
SOUTH BUIDING IMPROVEMENTS	2020-07-01	79,024	1,000	SL	39.500000000000	2,001	2,001
NORTH BUILDING IMPROVEMENTS	2021-07-01	330,286		SL	39.500000000000	4,181	4,181
BUILDING MASTER PLAN	2021-07-01	21,735		SL	39.500000000000	275	275
NORTH SOUTH LINK	2021-07-01	13,965		SL	39.500000000000	177	177
SOUTH BUILDING	2021-07-01	2,440		SL	39.500000000000	31	31
CAPITALIZED PAYROLL	2021-07-01	168,300		SL	39.500000000000	3,394	3,394

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	502,031	629,014	629,014
	2	Savings and temporary cash investments.........	11,196,653	12,336,875	12,158,580
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	1,339,805	1,422,606	1,605,395
	b	Investments—corporate stock (attach schedule).......
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	71,088,719	75,247,436	93,771,398
	14	Land, buildings, and equipment: basis 15,232,151
		Less: accumulated depreciation (attach schedule) 3,792,159	11,285,537	11,439,992	11,439,992
	15	Other assets (describe )	20,498	470	470
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	95,433,243	101,076,393	119,604,849
	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 )
	23	Total liabilities (add lines 17 through 22).........	230,613	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	56,643,939	59,408,644
	25	Net assets with donor restrictions............	38,558,691	41,667,749
		Foundations that do not follow FASB ASC 958, check here
		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).....	95,202,630	101,076,393
	30	Total liabilities and net assets/fund balances (see instructions).	95,433,243	101,076,393

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

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.	3,838,530
2


3


4

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

		(a) Corpus	(b) Years prior to 2020	(c) 2020	(d) 2021
1 Distributable amount for 2021 from Part X, line 7
2 Undistributed income, if any, as of the end of 2021:
a Enter amount for 2020 only.......
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2021:
a From 2016......
b From 2017......
c From 2018......
d From 2019......
e From 2020......
f Total of lines 3a through e ........
4Qualifying distributions for 2021 from Part
XI, line 4: $
a Applied to 2020, 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 2021 distributable amount.....
e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2021.
(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 2021. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2022 ..........
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 2016 not applied on line 5 or line 7 (see instructions) ...
9 Excess distributions carryover to 2022. Subtract lines 7 and 8 from line 6a ......
10 Analysis of line 9:
a Excess from 2017....
b Excess from 2018....
c Excess from 2019....
d Excess from 2020....
e Excess from 2021....

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			3
b			208
c			-6,903
d			1,487,106
e			19,410
			63,223
			2,128
			108,772
			3,702,919
			618,972
			1,658,343


(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	168,300	0	49,209
633 WEST 155 STREET NEW YORK,NY10032	DIRECTOR FACILITIES 37.50	168,300	0	49,209
ARDITH HOLMGRAIN	DEPUTY DIRECTOR 30.00	141,525	0	49,185
633 WEST 155 STREET NEW YORK,NY10032	DEPUTY DIRECTOR 30.00	141,525	0	49,185
SOUHAD RAFEY	CURATOR EXHIBITIONS 30.00	130,909	0	33,675
633 WEST 155 STREET NEW YORK,NY10032	CURATOR EXHIBITIONS 30.00	130,909	0	33,675
DAVID CLARKE	DIRECTOR OF TECHNOLO 37.50	84,000	0	25,038
633 WEST 155 STREET NEW YORK,NY10032	DIRECTOR OF TECHNOLO 37.50	84,000	0	25,038
ASHLEY FEDOR	PROGRAM DIRECTOR, LI 37.50	78,122	0	17,624
633 WEST 155 STREET NEW YORK,NY10032	PROGRAM DIRECTOR, LI 37.50	78,122	0	17,624
Total number of other employees paid over $50,000...................				0

bApproved for future payment

Total ................................. 3b				0

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	(e) Related or exempt function income (See instructions.)
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 ....
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	7,654,181
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aROYALTIES			15	157,457
bRENTAL OF AUDITORIUM			16	4,712
cNAMED AWARDS AND SALE OF PAINTINGS			01	9,879
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		10,157,124	0

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
RUSSELL 3000 INDEX FUND B	AT COST	6,138,658	6,003,314
VANGUARD INTERNATIONAL VALUE FUND	AT COST	7,824,946	9,847,828
VANGUARD DIVIDEND GROWTH FUND	AT COST	3,807,727	6,424,313
ADAMAS PARTNERS LP	AT COST	211,892	570,292
VANGUARD EMERGING MARKETS ADMIRAL	AT COST	4,259,973	4,438,321
VANGUARD TOTAL WORLD STOCK INDEX FUND	AT COST	19,485,420	25,540,717
BLUESTEM PARTNERS LLC	AT COST	9,353,313	15,698,908
VANGUARD ST TREASURY	AT COST	7,182,464	6,986,078
LONE CASCADE, L.P.	AT COST	6,805,622	7,535,892
HCP ABSOLUTE RETURN FUND OFFSHORE FEEDER	AT COST	4,449,859	4,557,330
VANGUARD FTSE DEVELOPED ETF	AT COST	5,727,562	6,168,405

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value
BUILDING	4,044,762	1,715,016	2,329,746
LAND	1,011,191	0	1,011,191
ROOF REPLACEMENTS	135,000	49,603	85,397
ARCHITECT FEES	48,764	17,922	30,842
SIDEWALK PAVING	59,200	21,755	37,445
ANNEX CONSTRUCTION	1,559,109	533,364	1,025,745
ANNEX CONSTRUCTION	550,414	174,365	376,049
FURNITURE AND FIXTURES	66,418	66,418	0
TERRACE	23,090	6,734	16,356
ANNEX CONSTRUCTION	24,296	7,081	17,215
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	9,282	25,634
AUDITORIUM PURCHASES	31,665	31,665	0
MISC BUILDING IMPROVEMENTS	58,076	15,435	42,641
ELEVATOR CIP	21,760	5,510	16,250
ANNEX ROOF CIP	25,839	6,540	19,299
IVES STUDIO	33,918	33,918	0
ASBESTOS ABATEMENT	88,145	21,204	66,941
LINK EXTRAORDINARY REPAIR	29,521	7,097	22,424
ADMIN BUILDING-ELEVATOR	92,884	22,335	70,549
IVES STUDIO	488,705	105,162	383,543
LIBRARY STACKS	20,500	20,500	0
NORTH GALLERY ROOF	130,291	28,041	102,250
LINK EXTRAORDINARY REPAIR	99,416	21,394	78,022
THIRD FLOOR BATHROOM	26,900	5,789	21,111
ROOF	5,300	1,139	4,161
ADMIN BUILDING ELEVATOR	6,112	1,317	4,795
LIBRARY STACKS	4,275	4,275	0
ANNEX 2ND FLOOR CONSTRUCTION	27,000	5,130	21,870
PLUMBING AND ELECTRIC	8,929	1,695	7,234
WHEELCHAIR RAMP	170,639	32,400	138,239
IVES STUDIO-FINAL PAYMENT	119,372	22,665	96,707
ARCHITECT FEES	27,566	5,235	22,331
IVES STUDIO	17,753	2,919	14,834
ARCHITECT FEES	23,500	3,867	19,633
ORGAN RESTORATION	97,613	90,642	6,971
TERRACE	14,420	2,373	12,047
TERRACE DRAIN PIPE	29,100	27,021	2,079
BUILDING MASONARY	123,018	20,241	102,777
ART STORAGE	71,707	11,798	59,909
WHEELCHAIR RAMP	111,800	18,395	93,405
ACADEMY ANNEX	5,200	858	4,342
ANNEX 2ND FLOOR CONSTRUCTION	4,344	715	3,629
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	3,497	17,753
"DISASTER" ROOM	7,640	1,255	6,385
ARCHITECT FEES	11,569	1,611	9,958
COMPUTER EQUIPMENT	849	849	0
GALLERY LIGHTING	7,678	6,033	1,645
NORTH GALLERY - RENOVATION	96,832	13,481	83,351
BUILDING MASONARY	408,405	56,865	351,540
GARAGE RENOVATION	9,425	1,314	8,111
BASEMENT REDESIGN	35,000	4,873	30,127
GARAGE ROOF	30,500	4,246	26,254
NORTH GALLERY ROOF & SKYLIGHT	49,050	6,831	42,219
PLUMBING AND ELECTRIC	1,965	1,965	0
ANNEX ASBESTOS ABATEMENT	55,140	55,140	0
ANNEX APARTMENT	13,216	1,842	11,374
AUDITORIUM PURCHASES	5,218	5,218	0
SIDEWALK AND TREE PITS	4,879	4,879	0
TERRACE DRAIN PIPE	5,980	3,843	2,137
AIR CONDITIONING	5,880	3,780	2,100
NORTH GALLERY - RENOVATION	57,566	6,557	51,009
SOUTH GALLERY	4,994	4,495	499
BUILDING MASTER PLAN	73,530	8,379	65,151
BUILDING MASONARY	36,647	4,176	32,471
ART STORAGE	82,434	9,391	73,043
ASBESTOS ABATEMENT	13,105	1,494	11,611
ANNEX ART STORAGE	86,090	9,806	76,284
ANNEX LIBRARY STACKS	4,636	4,172	464
ANNEX ASBESTOS ABATEMENT	21,550	2,457	19,093
ANNEX ROOFING	4,490	4,041	449
ORGAN RESTORATION	26,839	17,253	9,586
COMPUTER EQUIPMENT	22,300	15,610	6,690
ANNEX 2ND FLOOR CONSTRUCTION	3,840	1,921	1,919
ADMIN BUILDING OFFICE RENOVATIONS	4,371	2,184	2,187
ADMIN BUILDING LIBRARY PANELING	5,000	2,499	2,501
RE-UPOLSTERING	5,175	2,587	2,588
ANNEX 155TH STREET FACADE AND ROOF	5,931	2,965	2,966
ADMIN BUILDING STAIRWELL	6,200	3,101	3,099
ART STORAGE FACILITY	57,719	5,114	52,605
TERRACE RESTORATION	866,561	76,783	789,778
BUILDING MASTER PLAN	81,222	7,196	74,026
FURNITURE AND FIXTURES	8,869	3,168	5,701
COMPUTER EQUIPMENT	15,442	7,720	7,722
TERRACE RESTORATION	1,313,442	83,130	1,230,312
MISC BUILDING IMPROVEMENTS	5,969	2,985	2,984
NORTH BUILDING IMPROVEMENTS	174,822	11,065	163,757
EAST BUILDING IMPROVEMENTS	14,072	890	13,182
SOUTH BUIDING IMPROVEMENTS	387,982	24,555	363,427
NORTH BUILDING IMPROVEMENTS	468,052	17,774	450,278
RE-UPOLSTERING	11,200	3,662	7,538
BUILDING MASTER PLAN	267,903	10,173	257,730
EAST BUILDING IMPROVEMENTS	16,788	638	16,150
SOUTH BUIDING IMPROVEMENTS	79,024	3,001	76,023
NORTH BUILDING IMPROVEMENTS	330,286	4,181	326,105
BUILDING MASTER PLAN	21,735	275	21,460
NORTH SOUTH LINK	13,965	177	13,788
SOUTH BUILDING	2,440	31	2,409
CAPITALIZED PAYROLL	168,300	3,394	164,906

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
REPAIRS AND MAINTENANCE	56,786	0	0	56,786
INVESTMENT FEES	323,172	323,172	323,172	0
SUPPLIES AND ADMINSTRATIVE	82,666	0	0	82,666
TELEPHONE AND UTILITIES	84,990	0	0	84,990
INSURANCE	92,694	0	0	92,694
PUBLICATIONS	25,208	0	0	25,208
EQUIPMENT & BUILDING SUPPLIES	9,323	0	0	9,323
PUBLICITY	4,313	0	0	4,313
SECURITY	84,307	0	0	84,307
OTHER CEREMONIAL EXPENSE	369,669	0	0	0
CONSERVATION OF ART COLLECTION	63,715	0	0	63,715

Description	Revenue And Expenses Per Books	Adjusted Net Income
ROYALTIES	157,457	157,457
RENTAL OF AUDITORIUM	4,712	4,712
NAMED AWARDS AND SALE OF PAINTINGS	9,879	9,879

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