Civic Intelligence

Henry E Huntington Library and Art Gallery

990 • Fiscal year 2017 • EIN 95-1644589

Jul 01, 2016 to Jun 30, 2017 • Filed on May 08, 2018

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1151 Oxford RoadSan Marino, CA 91108-1218

(626) 405-2150

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

9th percentile

0.02x

Higher debt load relative to assets than 9% of similar nonprofits.

2017 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2017

Liabilities / Revenue

20th percentile

0.21x

Higher debt load relative to revenue than 20% of similar nonprofits.

2017 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2017

Net Margin

57th percentile

6.4%

Higher net margin than 57% of similar nonprofits.

2017 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2017

Top Officer Pay

50th percentile

$862,721

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2017 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2017

Asset Growth

52nd percentile

6.8%

Faster asset growth than 52% of similar nonprofits.

2017 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2016 to 2017

Revenue Growth

64th percentile

8.9%

Faster revenue growth than 64% of similar nonprofits.

2017 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2016 to 2017

Assets

Up

$685,682,297

Up $43,712,086 (+6.8%) from 2016

Net Assets

Up

$669,137,810

Up $40,961,813 (+6.5%) from 2016

Liabilities

Up

$16,544,487

Up $2,750,273 (+20%) from 2016

Revenue

Up

$80,670,234

Up $6,611,523 (+8.9%) from 2016

Expenses

Up

$75,523,759

Up $11,150,749 (+17%) from 2016

Net Income

Down

$5,146,475

Down $4,539,226 (-47%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5B$1.0B$500M$0Assets 2011: $568,715,654Liabilities 2011: $9,713,071Net Assets 2011: $559,002,5832011Assets 2012: $546,872,048Liabilities 2012: $10,878,409Net Assets 2012: $535,993,6392012Assets 2013: $623,625,714Liabilities 2013: $12,761,793Net Assets 2013: $610,863,9212013Assets 2014: $686,920,752Liabilities 2014: $24,689,158Net Assets 2014: $662,231,5942014Assets 2015: $668,835,264Liabilities 2015: $18,354,034Net Assets 2015: $650,481,2302015Assets 2016: $641,970,211Liabilities 2016: $13,794,214Net Assets 2016: $628,175,9972016Assets 2017: $685,682,297Liabilities 2017: $16,544,487Net Assets 2017: $669,137,8102017Assets 2018: $710,545,598Liabilities 2018: $18,504,859Net Assets 2018: $692,040,7392018Assets 2019: $741,838,482Liabilities 2019: $28,588,752Net Assets 2019: $713,249,7302019Assets 2020: $778,202,871Liabilities 2020: $29,458,434Net Assets 2020: $748,744,4372020Assets 2021: $965,906,123Liabilities 2021: $26,113,171Net Assets 2021: $939,792,9522021Assets 2022: $862,313,980Liabilities 2022: $25,929,770Net Assets 2022: $836,384,2102022Assets 2023: $960,168,929Liabilities 2023: $22,437,785Net Assets 2023: $937,731,1442023Assets 2024: $1,076,568,946Liabilities 2024: $22,322,551Net Assets 2024: $1,054,246,3952024

Highlighted filing

2017

Assets$685,682,297
Liabilities$16,544,487
Net Assets$669,137,810

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200M$150M$100M$50M$0Expenses 2011: $55,498,6272011Revenue 2012: $59,191,970Expenses 2012: $48,953,928Net Income 2012: $10,238,0422012Expenses 2013: $53,598,8132013Revenue 2014: $90,051,299Expenses 2014: $61,072,621Net Income 2014: $28,978,6782014Revenue 2015: $67,167,950Expenses 2015: $59,962,037Net Income 2015: $7,205,9132015Revenue 2016: $74,058,711Expenses 2016: $64,373,010Net Income 2016: $9,685,7012016Revenue 2017: $80,670,234Expenses 2017: $75,523,759Net Income 2017: $5,146,4752017Revenue 2018: $75,786,157Expenses 2018: $72,295,803Net Income 2018: $3,490,3542018Revenue 2019: $74,379,826Expenses 2019: $68,216,701Net Income 2019: $6,163,1252019Revenue 2020: $84,838,187Expenses 2020: $71,966,924Net Income 2020: $12,871,2632020Revenue 2021: $108,580,757Expenses 2021: $70,954,692Net Income 2021: $37,626,0652021Revenue 2022: $128,861,733Expenses 2022: $100,849,878Net Income 2022: $28,011,8552022Revenue 2023: $167,958,682Expenses 2023: $93,555,332Net Income 2023: $74,403,3502023Revenue 2024: $180,717,178Expenses 2024: $102,423,338Net Income 2024: $78,293,8402024

Highlighted filing

2017

Revenue$80,670,234
Expenses$75,523,759
Net Income$5,146,475
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 8, 2018
Return Version
2016v3.0
Gross Receipts
$201,591,892
Mission and Program Overview

Mission

The huntington library, art museum, and botanical gardens shares its world-renowned collections to support scholarship, foster learning, inspire creativity, and offer transformative experiences for diverse audiences.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$396,947,606$438,850,112▲ $41,902,506
Land, Buildings, and Equipment, Net$162,745,247$151,323,845▼ $11,421,402
Savings and Temporary Cash Investments$31,275,906$48,464,668▲ $17,188,762
Pledges and Grants Receivable$14,336,857$15,973,725▲ $1,636,868
Inventories for Sale or Use$1,065,981$855,181▼ $210,800
Prepaid Expenses and Deferred Charges$1,034,571$806,231▼ $228,340
Accounts Receivable$348,463$667,422▲ $318,959
Cash and Non-Interest-Bearing Accounts$7,163,523$133,540▼ $7,029,983
Total Assets$641,970,211$685,682,297▲ $43,712,086
Other Assets Total$27,052,057$28,607,573▲ $1,555,516
Liabilities
Other Liabilities$8,166,525$10,544,493▲ $2,377,968
Accounts Payable and Accrued Expenses$4,627,689$5,999,994▲ $1,372,305
Mortgage Notes Payable Secured by Investment Property$1,000,000--
Total Liabilities$13,794,214$16,544,487▲ $2,750,273
Net Assets / Fund Balance
Unrestricted Net Assets$336,684,641$341,926,889▲ $5,242,248
Temporarily Rstr Net Assets$156,983,403$188,984,044▲ $32,000,641
Permanently Rstr Net Assets$134,507,953$138,226,877▲ $3,718,924
Total Net Assets Fund Balance$628,175,997$669,137,810▲ $40,961,813
Total Liabilities and Net Assets / Fund Balance$641,970,211$685,682,297▲ $43,712,086

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$118,017,196$70,515,330$188,532,526
Leasehold Improvements$23,620,051$30,938,031$54,558,082
Equipment$6,124,531$16,845,122$22,969,653
Land$2,082,008-$2,082,008
Other Land Buildings$1,480,059-$1,480,059

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$434,895,839$2,527,110▲ $66,674,868$21,758,375$478,903,959
2015$461,373,637$2,151,920▼ $8,162,224$17,687,416$434,895,839
2014$480,551,495$8,247,833▲ $4,147,420$27,403,039$461,373,637
2013$433,843,648$7,594,689▲ $62,096,667$20,277,128$480,551,495
2012$400,510,301$1,921,353▲ $51,312,656$17,926,025$433,843,648
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Laura Skandera TrombleyPresident (until 03/2017)FT$618,207$244,514$862,721
Steven KoblikHuntington Consultant/ ScholarFT$389,995$49,023$439,018
Coreen a RodgersVP & CFOFT$332,422$18,442$350,864
Steve HindleDirector of ResearchFT$268,714$42,640$311,354
Randy ShulmanVP for AdvancementFT$252,550$33,012$285,562
Kevin SalatinoDirector of Art Collections (until 5/2017)FT$248,655$28,801$277,456
Kevin SalatinoDirector of Art Collections (until 5/2017-$248,655$28,801$277,456
James FolsomDirector of the Botanical GardensFT$196,166$80,102$276,268
David ZeidbergDirector of the LibraryFT$242,763$33,289$276,052
Ronald GallesAsst VP & ControllerFT$217,416$55,106$272,522
Patricia HannaDirector of BudgetFT$176,063$18,082$194,145
Susan Turner-loweVP for Communications & MarketingFT$162,748$29,694$192,442
Mitchell MorrisCIOFT$158,440$26,231$184,671
Robert CarterDirector of Human ResourcesFT$167,132$17,078$184,210
Catherine AllgorDirector of EducationFT$138,406$39,309$177,715
Hally PraterAsst VP for AdvancementFT$125,967$14,753$140,720
Larry BurikVP of Facilities (from 9/2016)FT$60,092$8,894$68,986

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Cambridge Associates LLCConsulting125 HIGH STREET, Boston, MA 02110-2112$937,500
Navigator Management Partners LLCIt ConsultingDEPT 781830 PO BOX 78000, Detroit, MI 48278$361,461
Terence Joseph EaganLandscape Maintenance29935 MAYPATH RD, Litterock, CA 93543$252,211
Best Best & KriegerRestoration446 GROVE STREET, Sierra Madre, CA 91024$110,300
-Legal3390 UNIVERSITY AVE5TH FLOOR, Riverside, CA 92501$102,601
Revenue and Support

Revenue Composition

Contributions and Grants
$42,588,022
Program Service Revenue
$8,719,859
Investment Income
$27,791,122
Other Revenue
$1,571,231
All Other Contributions
$41,666,033
Change in Net Assets
$5,146,475

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Works of Art18$3,203,288Appraisal
Securities Publicly Traded73$2,686,591Fair Market Value (FMV)
Other Non Cash Contri Table4$1,885,118Appraisal
Other Non Cash Contri Table9$966,425Appraisal
Other Non Cash Contri Table3$328,519Appraisal
Other Non Cash Contri Table184$38,270Estimate
Other Non Cash Contri Table1$12,753Estimate Fair Market Value (FMV)
Other Non Cash Contri Table1$4,550Appraisal
Other Non Cash Contri Table1$2,700Appraisal
Other Non Cash Contri Table63$63Estimate
Other Non Cash Contri Table33$33Estimate
Total Noncash Contributions390$9,128,310-

Audited Revenue Reconciliation

Revenue per Audited Statements
$70,534,953
Revenue Not Reported on Financial Statements
$10,135,281
Revenue Not Reported on Form 990
$37,993,786
Other Revenue Adjustments
$6,441,719
Total Revenue per Audited Statements
$108,528,739
Total Revenue per Form 990
$80,670,234
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$42,884,284
Salaries, Compensation, and Employee Benefits$30,863,373
Total Fundraising Expense$4,027,840
Grants and Similar Amounts Paid$1,776,102
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$15,379,524$2,401,728$1,551,954$19,333,206
Depreciation Depletion$13,657,467$335,371$111,623$14,104,461
Other Employee Benefits$3,341,612$745,518$379,430$4,466,560
Fees for Service Investment Mgmnt Fees-$3,693,562-$3,693,562
Current Officers, Directors, Trustees, and Key Employees$2,221,479$1,016,186$315,070$3,552,735
Office Expenses$2,341,114$535,717$415,865$3,292,696
Occupancy$1,766,346$101,422$33,773$1,901,541
Pension Plan Contributions$1,313,141$292,963$149,103$1,755,207
Payroll Taxes$1,214,333$270,919$137,884$1,623,136
Grants to Domestic Individuals$1,322,469--$1,322,469
Fees for Services Other$675,003$609,567$8,310$1,292,880
Insurance$92,594$917,915$25$1,010,534
Travel$562,039$71,977$91,229$725,245
Other Expenses$376,425$3,964$76,816$457,205
Foreign Grants$453,633--$453,633
Fees for Services Legal$46,635$397,681$7,924$452,240
Conferences and Meetings$218,757$152,809$43,519$415,085
Fees for Services Accounting-$335,227-$335,227
Comp Disqual Persons$132,529--$132,529
Information Technology$73,299$7,553$36,922$117,774
Advertising$94,726$4,117$343$99,186
Royalties$839--$839
Total Functional Expenses$59,438,873$12,057,046$4,027,840$75,523,759

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$75,523,759
Total Expenses per Audited Statements$67,566,926
Expenses per Audited Statements$65,388,478
Expenses Not Reported on Financial Statements$10,135,281
Other Expense Adjustments$6,441,719
Expenses Not Reported on Form 990$2,178,448
International Activity

International Summary

Offices
0
Employees
0
Spending
$83,169,547

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
Yes
Interest in foreign trust
No
Passive foreign investment company interest
Yes
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanInvestments-00$80,204,975
Europe (including Iceland & Greenland)Investments-00$2,964,572
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$376,950
Fundraising Gross Income$68,550
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Huntington Ball$684,472$68,550$250,256$-181,706
Total Events$684,472$68,550$376,950$-308,400
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Mona ShulmanVP'S SPOUSEEmployeeNo$73,469
Louise HindleDIRECTOR'S SPOUSEEmployeeNo$59,060
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Obligations Under Unitrust$10,107,201
Asset Retirement Obligation$437,292
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Prior to the filing, the entire draft 990 was sent to all trustees. Comments and corrections were strongly encouraged, and the form was reviewed and discussed in a meeting of the audit committee. In addition, an outside cpa firm, singerlewak, reviewed the form and went over the form in detail with the controller.

Form 990, Part VI, Section B, Line 12C

Conflicts of interest statements are requested annually from all trustees, overseers and non-board members' chairs of active committees as well as employees. Any conflicts or potential conflicts are reported to the audit committee. The audit committee make a decision on how each conflict should be handled, including abstaining from voting on certain matters.

Form 990, Part VI, Section B, Line 15

In reviewing and approving the compensation for the president and cfo, the huntington's board of trustees (referred to as the "approval body" below), uses the following process: 1. Impartial decision makers: the compensation arrangement must be approved in advance (before any payment is made) by the approval body of the huntington composed entirely of individuals who do not have a conflict of interest with respect to the compensation arrangement (example: neither the executive whose compensation is being determined nor any of his/her family members may be present during the discussion/debate or participate in the vote). 2. Comparability data: when the approval body is considering compensation to covered individuals, it must rely on comparability data that demonstrates the fair market value of the compensation in question. For example, when crafting compensation packages, the approval body must secure data that documents compensation levels for similarly qualified individuals in like positions at like organizations. This data may include the following: a) expert compensation studies by independent firms; b) information obtained from the irs form 990 filings of similar organizations; and c) use of an independent compensation consultant. 3. Concurrent documentation: the approval body must document how it reached its decisions, including the data on which it relied. To qualify as concurrent documentation, written or electronic records of the approval body (such as meeting minutes) must note: a) the terms of the compensation and the date it was approved; b) the members of the approval body who were present during the debate on the compensation that was approved and those who voted on it; c) the comparability data obtained and relied upon and how the data was obtained; and d) any actions taken with respect to consideration of the compensation by anyone who is otherwise a member of the approval body but who had a conflict of interest with respect to the decision on the compensation. All other officers and key employees have their compensation reviewed annually by the approval body, which may or may not include comparability data.

Form 990, Part VI, Section C, Line 18

The organization's form 990 can also be viewed by the public on www.guidestar.com

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy, financial statements, and form 990 are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Henry E Huntington Library
EIN
95-1644589
Phone
6264052150
Address
1151 OXFORD ROAD, SAN MARINO, CA 91108-1218

Signing Officer

Name
Coreen a Rodgers
Title
VP & CFO
Phone
6264052150
Signed
2018-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Trombley Laura Skandera
Formed
1919
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
604
Volunteers
1,421

Preparer

Firm
Singerlewak Llp
Address
10960 WILSHIRE BLVD STE 700, LOS ANGELES, CA 90024-3783
Preparer
Nazanin Benyamini
Phone
3104773924
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE I, DESCRIPTION OF ORGANIZATION MISSION:

Building on henry e. Huntington's legacy of renowned collections and botanical gardens that enrich the visitor, the huntington today encourages research and promotes education in the arts, humanities, and botanical sciences through the growth and preservation of its collections, through the development and support of a community of scholars, and through the display and interpretation of its extraordinary resources to the public. The collections the huntington has assembled primary materials, art objects, and living collections which reflect the development of western culture, from the ninth century to the present. These collections embody the diverse and interwoven contributions of many cultures, peoples, and nations. The huntington's holdings of rare books, manuscripts, art objects, and botanical specimens speak to our contemporary audiences because they reveal the complexity of the human experience. Stewardship with its outstanding collections in the arts, humanities, and botanical sciences, the huntington has the responsibility to preserve and protect for posterity mr. Huntington's legacy and to insure its growth and financial health. Stewardship extends as well to the buildings, grounds, and infrastructure of the institution, not only because they protect the collections and facilitate their use, but because mr. Huntington's estate is an important historical document of great significance to the public and to the understanding of the history of southern california. The huntington's communities the huntington is a hub for communities whose boundaries extend from local to the international. As a local institution, it serves schoolchildren, families, and scholars with a broad array of programs centered in the collections. To the national and international communities, the huntington serves as a haven for independent scholarship and as a repository for a broad fund of knowledge represented in the collections. One of the huntington's great strengths, however, is the reciprocal nature of its relationship with its communities. Volunteers provide leadership, stewardship, and resources. Scholars bring their own intellectual depth and diverse interpretations to the collections. Staff supply expertise and energy. And visitors bring curiosity, expectations, and experiences which challenge the huntington to the greater fulfillment of its mission.

FORM 990, PART III, LINE I, DESCRIPTION OF ORGANIZATION MISSION:

Building on henry e. Huntington's legacy of renowned collections and botanical gardens that enrich the visitor, the huntington today encourages research and promotes education in the arts, humanities, and botanical sciences through the growth and preservation of its collections, through the development and support of a community of scholars, and through the display and interpretation of its extraordinary resources to the public. The collections the huntington has assembled primary materials, art objects, and living collections which reflect the development of western culture, from the ninth century to the present. These collections embody the diverse and interwoven contributions of many cultures, peoples, and nations. The huntington's holdings of rare books, manuscripts, art objects, and botanical specimens speak to our contemporary audiences because they reveal the complexity of the human experience. Stewardship with its outstanding collections in the arts, humanities, and botanical sciences, the huntington has the responsibility to preserve and protect for posterity mr. Huntington's legacy and to insure its growth and financial health. Stewardship extends as well to the buildings, grounds, and infrastructure of the institution, not only because they protect the collections and facilitate their use, but because mr. Huntington's estate is an important historical document of great significance to the public and to the understanding of the history of southern california. The huntington's communities the huntington is a hub for communities whose boundaries extend from local to the international. As a local institution, it serves schoolchildren, families, and scholars with a broad array of programs centered in the collections. To the national and international communities, the huntington serves as a haven for independent scholarship and as a repository for a broad fund of knowledge represented in the collections. One of the huntington's great strengths, however, is the reciprocal nature of its relationship with its communities. Volunteers provide leadership, stewardship, and resources. Scholars bring their own intellectual depth and diverse interpretations to the collections. Staff supply expertise and energy. And visitors bring curiosity, expectations, and experiences which challenge the huntington to the greater fulfillment of its mission.

FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS:

The huntington library is one of the world's great independent research libraries concentrated in the fields of british and american history, literature, and art and in the history of science stretching in time from the 11th century to the present. Among the collections: 7 million manuscripts; 420,000 rare books; 275,000 references books; 1.3 million photographs, prints, and ephemera. The library main exhibition hall showcases some of the most outstanding rare books and manuscripts in the collection. About 150 rare objects are grouped thematically around 12 key works, prompting visitors to consider each item in a wider context. The dibner hall of the history of science is a permanent exhibition on the history of science, focusing on astronomy, natural history, medicine, and light. The west hall of the library presents temporary exhibitions. The 90,000-square-foot munger research center provides storage capacity for further collections development, work space for scholars and staff, and facilities for conservation, preservation, exhibition preparation, digital imaging, and photography. The library is open to scholars, known as readers, 302 days of the year, with an average of 76 scholars visits daily. Exhibits during the year included: * octavia butler * geographies of wonder part 2 * real american places

FORM 990, PART III, LINE 4B, PROGRAM SERVICE ACCOMPLISHMENTS:

Encompassing approximately 120 acres of the 207-acre grounds, the botanical gardens contain more than a dozen principal garden areas. Highlights * liu fang yuan, the garden of flowing fragrance, reflecting the traditional style of scholar gardens in suzhou, china, and featuring a 1.5-acre lake, a complex of pavilions, a teahouse and tea shop, stone bridges and waterfalls set against a wooded backdrop of mature oaks and pines. * the desert garden, one of the largest outdoor collections of mature cacti and succulents in the world. * the japanese garden, with traditional japanese house, a moon bridge, a walled zen garden, and bonsai court, and seifu-an, a ceremonial teahouse and garden. * the frances and sidney brody california garden in the steven s. Koblik education and visitor center. Arranged along a central allee of olive trees, the garden includes native and adaptive plantings set among hedge rooms in a nod toward more formal landscape design. * the frances lasker brody botanical center, featuring: * the helen and peter bing children's garden, introducing youngsters to the wonders of the natural world through interactive sculptural elements. * the rose hills foundation conservatory for botanical science and the associated foundations teaching greenhouse, providing hands-on botanical science opportunities for children and families, and showcasing orchids and other tropical collections. * adjacent laboratories offering opportunities for botanical research. Plant biologists are testing ways to safely freeze aloe tissue as a preservation method. Genetic research on cycads is revealing much about the plant's evolutionary history. * the ranch garden, testing and demonstrating contemporary ideas for sustainable urban agriculture. * additional garden areas are devoted to roses and camellias, each collection having more than 1,400 different cultivars. The camellia collection is considered one of the most comprehensive in the world. * the australian, herb, jungle, lily ponds, palm, and subtropical gardens are among other important botanical attractions. Exhibits during the year included: * folded transformations * chinese woodblock prints each year, the huntington hosts botanical shows, conferences, lectures, and plant sales that focus on specific themes; more than 175 cactus and succulent enthusiasts attended the annual desert garden forum, 140 people attended the annual succulent plants symposium, and 100 people attended the chinese garden symposium. The north american clivia society show, southern california camellia show, california bonsai society show, aiseki kai viewing stones show, the cactus & succulent society of america annual show, huntington orchid show, and the bonsai-a-thon are hosted by the huntington each year and are open to the public and attended by hundreds of visitors. The gardens also hosted multiple workshops intended to educate the public and specialty plant growers on management of tree pests, the polyphagous shot-hole borer in particular. Recently the gardens initiated a much stronger program in conservation and research focusing on plant variation, cryopreservation and propagation, as well as productivity in urban settings.

FORM 990, PART III, LINE 4C, PROGRAM SERVICE ACCOMPLISHMENTS:

The huntington art collections focus on european art from the 15th to the early 20th century and american art from the late 17th to the mid-20th century. The holdings continue to grow by gift and purchase. In total, the european art collections include about 420 paintings, approximately 370 works of sculpture, more than 2,500 decorative art objects, and 20,000 prints and drawings. The american art holdings now number about 270 paintings, 80 works of sculpture, 1,000 decorative art objects, 9,500 prints and drawings, and 1,800 photographs. Access to the public of about 750,000 visitors is provided through permanent installations and special exhibitions, publications and research. The european collections are displayed in the huntington art gallery, the original huntington residence. American art is on view in the virginia steele scott galleries of american art which includes the original 1984 structure and a 2005 addition, the lois and robert f. Erburu gallery. Special exhibitions are presented in the mary lou and george boone gallery. Smaller, focused exhibitions are presented in the works on paper room in the huntington art gallery and in the susan and stephen chandler wing of the scott galleries. The huntington also regularly lends art objects for special exhibitions at museums nationally and internationally. Exhibits during the year included: * drawn to paradise * pugin, prisons, and the plight of the poor * a history of whiskers * lari pittman: mood books * van gogh & friends

Financial Statement Notes

PART III, LINE 1A:

Based on the huntington election under fasb 116, the collections, which were acquired through purchases and contributions since the huntington's inception, are not recognized as assets on the statement of financial position. The collections are held for public education or research in furtherance of public service rather than financial gain. However, the huntington, for purposes of the information return (990 and related) reported the collections acquired through contributions as income revenues, and offset by expenses. The amount is shown as a reconciling item between the gaap financials and the information return financials. Collections items are expensed when purchased. Contributed collections items are not reflected on the financial statements. The estimated fair value of contributed collections items amounted to $6,400,000 and $1,260,000 for the years ended june 30, 2017 and 2016, respectively. The huntington continually reviews its collections and may deaccession or acquire additional items. Proceeds from deaccessions are classified as unrestricted, except when donor restrictions apply. The collections are subject to a policy that requires proceeds from deaccessioning to be used to acquire other items for collections. During fiscal year 2017 and 2016 certain items of art were deaccessioned at auction. They had a value of approximately $13,000 and $287,000, respectively. The proceeds are restricted for future acquisitions of art.

PART III, LINE 4:

The huntington library, art collections, and botanical gardens is a collections-based research and educational institution serving scholars and the general public. The library's collection consists of rare books and manuscripts in the fields of british and american history and literature. It also includes collection of materials that span the full range of american western settlement, including the overland pioneer experience, the gold rush, and the development of southern california. The huntington art collections focus on two distinct areas-european art from the 15th to the early 20th century, and american art from the late 17th to the mid-20th century. The botanical gardens cover 120 acres, more than a dozen specialized gardens are arranged within a park-like landscape of rolling lawns. Each year, the huntington: 1) provides 1,700 scholars with access to a world-class collection of rare books, manuscripts, photographs, maps, paintings, prints, sculptures, and decorative arts; 2) awards $1.95 million in fellowships (through a peer-review process) to scholars for advanced humanities research; 3) educates thousands of schoolchildren and their teachers in art, history, literature, and botanical science through special tours and programs; 4) organizes special exhibitions to enhance the visitor experience, interpret the collections, and facilitate learning; and 5) hosts more than 750,000 visitors.

PART V, LINE 4:

The endowment funds are funds kept in perpetuity, the spending rate from the funds,if not restricted by the donor, are used to support the operations of the huntington.restricted endowment funds typically support the specific programs, or acquisitions.

PART X, LINE 2:

The huntington operates as a not-for-profit organization and has been recognized by the internal revenue service as an organization exempt from income taxation pursuant to internal revenue code section 501(c)(3) on its income other than unrelated business income and has also been recognized by the franchise tax board as exempt from state franchise or income tax pursuant to california revenue and taxation code section 23701(d) on its income other than unrelated business income. As required by gaap, the huntington has identified and evaluated its significant tax positions for which the statute of limitations remain open and has determined that there is no material unrecognized benefit or liability to be recorded. The open tax years are the years ended june 30, 2013 through june 30, 2016 for federal tax purposes and the years ended june 30, 2012 through june 30, 2016 for california tax purposes. There have been no material changes in unrecognized benefits as of june 30, 2016 or june 30, 2017, nor are any material changes anticipated in the twelve months following june 30, 2017. There have been no related tax penalties or interest, which would be classified as a tax expense in the statement of activities.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold 1,801,498. Fundraising event expenses 376,950.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Non-cash gifts 6,441,719.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold 1,801,498. Fundraising event expenses 376,950.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Non-cash gifts 6,441,719.

Raw XML AppendixShowing 400 of 1,199 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/FormationYr01919
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0615922
IRS990/FundraisingDirectExpensesAmt0376950
IRS990/FundraisingGrossIncomeAmt068550
IRS990/GainOrLossGrp/OtherAmt013351
IRS990/GainOrLossGrp/SecuritiesAmt020828471
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt0306067
IRS990/GrantAmt01776102
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01322469
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01322469
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt013351
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0139571681
IRS990/GrossReceiptsAmt0201591892
IRS990/GrossSalesOfInventoryAmt03679743
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt015
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt036922
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt07553
IRS990/InformationTechnologyGrp/ProgramServicesAmt073299
IRS990/InformationTechnologyGrp/TotalAmt0117774
IRS990/InsuranceGrp/FundraisingAmt025
IRS990/InsuranceGrp/ManagementAndGeneralAmt0917915
IRS990/InsuranceGrp/ProgramServicesAmt092594
IRS990/InsuranceGrp/TotalAmt01010534
IRS990/InventoriesForSaleOrUseGrp/BOYAmt01065981
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0855181
IRS990/InvestmentIncomeGrp/ExclusionAmt08613885
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06949300
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt0-1664585
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0396947606
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0438850112
IRS990/IRPDocumentCnt0382
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0118298483
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0162745247
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0151323845
IRS990/LandBldgEquipCostOrOtherBssAmt0269622328
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0118743210
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SEE SCHEDULE O
IRS990/MoreThan5000KToIndividualsInd01
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01000000
IRS990/NetAssetsOrFundBalancesBOYAmt0628175997
IRS990/NetAssetsOrFundBalancesEOYAmt0669137810
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt020841822
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt020841822
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-308400
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-308400
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt01712002
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt01878245
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0166243
IRS990/NetUnrelatedBusTxblIncmAmt0-1563286
IRS990/NetUnrlzdGainsLossesInvstAmt035815338
IRS990/NoncashContributionsAmt09128310
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt033773
IRS990/OccupancyGrp/ManagementAndGeneralAmt0101422
IRS990/OccupancyGrp/ProgramServicesAmt01766346
IRS990/OccupancyGrp/TotalAmt01901541
IRS990/OfficeExpensesGrp/FundraisingAmt0415865
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0535717
IRS990/OfficeExpensesGrp/ProgramServicesAmt02341114
IRS990/OfficeExpensesGrp/TotalAmt03292696
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt027052057
IRS990/OtherAssetsTotalGrp/EOYAmt028607573
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0379430
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0745518
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt03341612
IRS990/OtherEmployeeBenefitsGrp/TotalAmt04466560
IRS990/OtherExpensesGrp/Desc0ACQUISITIONS & COLLECTI
IRS990/OtherExpensesGrp/Desc1EXHIBITS, PROGRAMS & EV
IRS990/OtherExpensesGrp/Desc2MAINTENANCE & REPAIRS
IRS990/OtherExpensesGrp/Desc3PRINTING & PUBLICATIONS
IRS990/OtherExpensesGrp/FundraisingAmt0647931
IRS990/OtherExpensesGrp/FundraisingAmt120119
IRS990/OtherExpensesGrp/FundraisingAmt276816
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt093449
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt169401
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt23964
IRS990/OtherExpensesGrp/ProgramServicesAmt010334394
IRS990/OtherExpensesGrp/ProgramServicesAmt11922019
IRS990/OtherExpensesGrp/ProgramServicesAmt21898496
IRS990/OtherExpensesGrp/ProgramServicesAmt3376425
IRS990/OtherExpensesGrp/TotalAmt010334394
IRS990/OtherExpensesGrp/TotalAmt12663399

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,077$22.3$1,054$181$102$78.3
2023Summary only. Only limited summary data is available for this year.$960$22.4$938$168$93.6$74.4
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$862$25.9$836$129$101$28.0
2021Summary only. Only limited summary data is available for this year.$966$26.1$940$109$71.0$37.6
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$778$29.5$749$84.8$72.0$12.9
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$742$28.6$713$74.4$68.2$6.16
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$711$18.5$692$75.8$72.3$3.49
2017Detailed filing. Detailed filing data is available for this year.$686$16.5$669$80.7$75.5$5.15
2016Detailed filing. Detailed filing data is available for this year.$642$13.8$628$74.1$64.4$9.69
2015Detailed filing. Detailed filing data is available for this year.$669$18.4$650$67.2$60.0$7.21
2014Detailed filing. Detailed filing data is available for this year.$687$24.7$662$90.1$61.1$29.0
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$624$12.8$611$53.6
2012Summary only. Only limited summary data is available for this year.$547$10.9$536$59.2$49.0$10.2
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$569$9.71$559$55.5