2024-05-13T10:53:40-05:00 2023-06-30 873707167 CBIZ MARKS PANETH LLC 685 THIRD AVENUE NEW YORK NY 10017 990 2022-07-01 112201344 BROOKLYN ACADEMY OF MUSIC INC BROO 7186364110 30 LAFAYETTE AVENUE BROOKLYN NY 11217 JENNIFER ANGLADE CFO & VP OF FINANCE 7187248244 2024-05-15 1 JENNIFER ANGLADE 999009999 1 MAGDALENA CZERNIAWSKI P00535099 2125038800 2024-05-08 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z GINA DUNCAN 30 LAFAYETTE AVENUE BROOKLYN NY 11217 48707863 0 X WWW.BAM.ORG X 1861 NY BAM IS THE HOME FOR ADVENTUROUS ARTISTS, AUDIENCES, AND IDEAS. 38 36 976 36 0 0 35101328 29193861 11195708 16030242 -564 171448 743523 1190129 47039995 46585680 2308 1214 0 0 28140406 31688717 0 0 6128050 16733282 20172542 44875996 51862473 2163999 -5276793 157007809 151026443 11509466 12391254 145498343 138635189 X BAM'S MISSION IS TO BE THE HOME FOR ADVENTUROUS ARTISTS, AUDIENCES, AND IDEAS. 0 0 9183658 9573333 FY2023 SPRING SEASON - BAM'S 2023 SPRING SEASON FEATURED 12 WORLD-CLASS PRESENTATIONS, SHOWCASING ARTISTS AND COMPANIES FROM COUNTRIES SUCH AS UNITED KINGDOM, BELGIUM AND GHANA. HIGHLIGHTS INCLUDED: LORRAINE HANSBERRY'S 1964 PLAY THE SIGN IN SIDNEY BRUSTEIN'S WINDOW; TANZTHEATER WUPPERTAL PINA BAUSCH'S AGUA; AUTHOR ZADIE SMITH'S FIRST PLAY THE WIFE OF WILLESDEN; THE US PREMIERE OF CHALIWATE COMPANY AND FOCUS COMPANY'S DIMANCHE; DANCEAFRICA 2023: GHANA, AND THE RETURN OF THE ACCLAIMED ALVIN AILEY AMERICAN DANCE THEATER. IN ADDITION, THE SPRING 2023 SEASON FEATURED THE SECOND ANNUAL MUSIC AT BAM CONCERT SERIES, THIS YEAR CURATED BY SOLANGE KNOWLES FOR SAINT HERON. PROGRAMS IN THE SERIES INCLUDED: KELELA, RES, KEIYAA,; TYPE OF GUEST, BY INTERDISCIPLINARY ARTISTS AUTUMN KNIGHT AND MAREN HASSINGER; GLORY TO GLORY (A REVIVAL FOR DEVOTIONAL ART), A CELEBRATION OF SPIRITUAL AND DEVOTIONAL MUSIC FEATURING MARY LOU WILLIAMS AND PERFORMANCES BY TWINKIE CLARK, THE CLARK SISTERS, ARTINA MCCAIN, AND ANGELLA CHRISTIE; AND THE CRY OF MY PEOPLE, A WORK OF PERFORMANCE, POETRY AND REVOLUTIONARY THOUGHT BY ARCHIE SHEPP, LINDA SHARROCK, AND CLAUDIA RANKINE. 6063952 3132897 FY2023 NEXT WAVE - OVER THE COURSE OF THE FY23 NEXT WAVE, BAM SHOWCASED 12 MAINSTAGE PRESENTATIONS FEATURING CREATIVES FROM 15 COUNTRIES INCLUDING ARGENTINA, AUSTRIA, BELGIUM, BRAZIL, THE CZECH REPUBLIC, FRANCE, GERMANY, GREECE, HUNGARY, ISRAEL, THE NETHERLANDS, SINGAPORE, SOUTH KOREA, THE UNITED KINGDOM, AND THE UNITED STATES. PRESENTATIONS INCLUDED: FC BERGMAN'S 300 EL X 50 EL X 30 EL; CHOREOGRAPHER CONSTANZA MACRAS' DANCE THEATER WORK OPEN FOR EVERYTHING; EVERYTHING RISES, A DUET BETWEEN VIOLINIST JENNIFER KOH AND BASS-BARITONE DAVONE TINES; CROWD, CHOREOGRAPHER GISELE VIENNE'S DANCE PIECE INSPIRED BY THE BERLIN CLUB SCENE; A LITTLE LIFE, IVO VAN HOVE'S UNFLINCHING ADAPTATION OF HANYA YANAGIHARA'S CLASSIC NOVEL; HAMLET, FROM GERMAN DIRECTOR THOMAS OSTERMEIER AND SCHAUBUHNE; EMBARQUED: STORIES OF SOIL, STEFANIE BATTEN BLAND'S EXPLORATION OF MEMORY AND COLONIAL FOUNDATIONS; BRAZILIAN CHOREOGRAPHER LIA RODRIGUES' ENCANTADO; DIMITRIS PAPAIOANNOU'S NEW DANCE THEATER WORK TRANSVERSE ORIENTATION; TROJAN WOMEN, AN OPERATIC ADAPTATION OF THE EURIPIDES TRAGEDY STARRING THE NATIONAL CHANGGEUK COMPANY OF KOREA; LOVETRAIN2020, A CONTEMPORARY DANCE TABLEAU FROM EMMANUEL GAT; AND ARE WE NOT DRAWN ONWARD TO NEW ERA, FROM BELGIAN THEATER COMPANY ONTROEREND GOED. 3752583 2244110 FY2023 FILM PROGRAMS - IN FY23, BAM FILM SERVED AUDIENCES THROUGH PROGRAMS THAT FOCUS ON PRESENTING MARGINALIZED VOICES IN CINEMA. SELECT FILM SERIES FROM FALL 2022 INCLUDE WORKING CLASS MUSICALS, CONTEMPORARY ARAB CINEMA, METAMORPHOSIS: THE FILMS OF SHINYA TSUKAMOTO, AND WATCH THE COPS! POLICING NEW YORK IN THE MOVIES. IN JANUARY 2023, BAM ALSO PRESENTED SHADOW, AN ADAPTATION OF BACK TO BACK THEATRE'S THE SHADOW WHOSE PREY THE HUNTER BECOMES, A JOINT EFFORT BETWEEN BAM FILM AND BAM'S ARTISTIC PROGRAMMING TEAM. SELECT FILMS AND FILM SERIES FROM SPRING 2023 INCLUDE A STRING OF PEARLS: THE FILMS OF CAMILLE BILLOPS & JAMES HATCH, REWIND & PLAY (DIR. ALAIN GOMIS), VIRUSES ON FILM A FILM SERIES CURATED BY STEVEN THRASHER, DRY GROUND BURNING (DIR. JOANA PIMENTA & ADIRLEY QUEIROS) AND BOTH SIDES OF THE CAMERA: ACTOR/DIRECTORS A FILM SERIES ALSO CO-CURATED BY STEVEN THRASHER. 19676125 1214 2287394 EXPENSES IN THIS CATEGORY INCLUDE EDUCATION AND COMMUNITY PROGRAMMING. EXPENSES IN THIS CATEGORY ALSO INCLUDE OVERHEAD COSTS COVERING PRODUCTION MANAGEMENT, ARTIST SERVICES, MARKETING, AND BUILDING OPERATIONS ALL IN SUPPORT OF THE ORGANIZATION'S PROGRAMMING. 19676125 1214 2287394 38676318 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 401 0 1 976 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 38 36 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X JENNIFER ANGLADE - CFO & VP OF FINANCE 7187248244 30 LAFAYETTE AVENUE BROOKLYN NY 11217 NORA ANN WALLACE CHAIR 5.00 0.50 X X 0 0 0 NATALIA CHEFER VICE CHAIR 5.00 X X 0 0 0 TIMOTHY SEBUNYA VICE CHAIR 5.00 0.50 X X 0 0 0 SCOTT MCDONALD TREASURER 5.00 0.50 X X 0 0 0 JAMES I MCLAREN TREASURER (OUTGOING) 5.00 0.50 X X 0 0 0 ADAM WOLFENSOHN TRUSTEE 0.50 X 0 0 0 AHRIN MISHAN TRUSTEE 0.50 X 0 0 0 ALEXA DAVIDSON SUSKIN TRUSTEE 0.50 X 0 0 0 ANNE HUBBARD TRUSTEE 0.50 X 0 0 0 AXEL STAWSKI TRUSTEE 0.50 X 0 0 0 BARRY M FOX TRUSTEE 0.50 X 0 0 0 BARTHOLOMEW A SHEEHAN III TRUSTEE 0.50 X 0 0 0 BRIAN STAFFORD TRUSTEE 0.50 X 0 0 0 BRIGITTE VOSSE TRUSTEE 0.50 X 0 0 0 CHERYL DELLA ROSA TRUSTEE 0.50 X 0 0 0 CLAIRE WOOD TRUSTEE 0.50 X 0 0 0 DAVID BINDER ARTISTIC DIRECTOR 40.00 X X 585772 0 55583 DAVID L PICKET TRUSTEE 0.50 X 0 0 0 DEPELSHA MCGRUDER TRUSTEE 0.50 X 0 0 0 DIANE L MAX TRUSTEE 0.50 X 0 0 0 DINYAR S DEVITRE TRUSTEE (OUTGOING) 0.50 X 0 0 0 DOUG STEINER TRUSTEE 0.50 X 0 0 0 EDGAR A LAMPERT TRUSTEE 0.50 X 0 0 0 ERI NISHIKAWA TRUSTEE 0.50 X 0 0 0 GINA DUNCAN PRESIDENT (INCOMING) 40.00 X X 378940 0 43936 JEANNE DONOVAN FISHER TRUSTEE 0.50 X 0 0 0 JENNIFER KOPYLOV TRUSTEE 0.50 X 0 0 0 JOHN USDAN TRUSTEE 0.50 X 0 0 0 JOSEPH A STERN TRUSTEE 0.50 X 0 0 0 JULIET MOSER TRUSTEE 0.50 X 0 0 0 KABIR AHUJA TRUSTEE 0.50 X 0 0 0 LENNY H SINGLETARY TRUSTEE 0.50 X 0 0 0 MARCEL PRZYMUSINSKI TRUSTEE 0.50 0.50 X 0 0 0 MARK N DIKER TRUSTEE 0.50 X 0 0 0 MARYANNE GILMARTIN TRUSTEE 0.50 X 0 0 0 RICHARD E FELDMAN TRUSTEE 0.50 X 0 0 0 ROBERTA GARZA TRUSTEE 0.50 X 0 0 0 STEVEN G FELSHER TRUSTEE 0.50 0.50 X 0 0 0 TONY BECHARA TRUSTEE 0.50 X 0 0 0 WILLIAM I CAMPBELL TRUSTEE 0.50 X 0 0 0 COURTNEY KILLINGSWORTH CO-INTERIM PRES.,VP SOCIAL IMPACT 40.00 X 378677 0 67083 ELIZABETH N MOREAU CO-INTERIM PRES,ASSOC. VP&SR. PROD. 40.00 X 365379 0 48723 JENNIFER ANGLADE CO-INTERIM PRES,CFO & VP OF FINANCE 40.00 5.00 X 425815 0 48325 KENT DAVIDSON VP OF MARKETING & COMM. 40.00 X 233780 0 39346 MARK JACKSON COO, LEGAL COUNSEL & SECRETARY 40.00 X 289817 0 52066 STACY MARGOLIS VP OF DEVELOPMENT (OUTGOING) 40.00 X 124738 0 25825 AMY CASSELLO ASSOCIATE ARTISTIC DIRECTOR 40.00 X 181223 0 33452 CHANTAL BERNARD CO-HEAD OF DEVELOPMENT 40.00 X 220586 0 44919 NICHOLAS VARACALLI CREW CHIEF 40.00 X 202376 0 26285 WILLIAM A LEE ASSOCIATE VP, IT 40.00 X 188393 0 47651 YVETTE RODRIGUEZ SR. DIRECTOR OF FINANCE 40.00 X 172803 0 55959 3748299 0 589153 58 0 1 0 SITUATION INTERACTIVE 469 7TH AVENUE STE 1300 NEW YORK NY 10018 ELECTRONIC MEDIA SERVICES 865125 ATG PRODUCTIONS LIMITED 2ND FLOOR ALEXANDER HOUSE SURREY UK PERFORMERS 571612 GREAT PERFORMANCES 304 HUDSON STREET 2ND FLOOR NEW YORK NY 10013 CATERING 265140 ENGLISH NATIONAL BALLET 41 HOPEWELL SQUARE LONDON UK PERFORMERS 231217 SCHAUBUHNE GEMEINNUTZIGE THEATERBETRIEB KURFURSTENDAMM 153 BERLIN GM PERFORMERS 204062 20 1314193 11829684 4792340 11257644 2159607 29193861 PERFORMANCE INCOME 711110 13768655 13768655 BAM ROSE CINEMA 711110 2244110 2244110 BAM ART REVENUE 900099 17477 17477 16030242 171430 171430 130256 130256 2080206 1768574 311632 311632 311632 18 0 18 18 18 61365 1314193 353609 -292244 -292244 PAYROLL TAX CREDIT 900099 376070 376070 MANAGEMENT FEES 561000 271000 271000 INSURANCE PROCEEDS 900099 249000 249000 144415 141592 2823 1040485 46585680 17067922 0 323897 1214 1214 2859322 1982845 603833 272644 20721405 15131292 2284796 3305317 1295931 995688 111446 188797 4829813 3670273 493680 665860 1982246 1507134 206301 268811 147435 55166 91793 476 33025 33025 4752914 3707282 910762 134870 2009248 1840738 24699 143811 1000972 661714 321195 18063 659005 646128 3146 9731 2378591 2378591 1635949 1587729 9492 38728 298586 298586 1316892 984702 179712 152478 454298 35619 418627 52 PRODUCTION EXPENSES 2190740 2098044 3421 89275 FILM RENTAL 838222 838222 MISC. AND OPER. ALLOC. 681641 -292229 474038 499832 FREIGHT 475573 473638 1935 1299451 339503 622578 337370 51862473 38676318 7058105 6128050 17005 431507 2047811 245907 11476061 8674155 747990 1141209 50890 56221 545874 598988 68773725 21091141 47878406 47682584 94243772 92195872 157007809 151026443 4331030 3068456 468165 180766 2493336 6758766 3550000 666935 2383266 11509466 12391254 X 44149146 40834820 101349197 97800369 145498343 138635189 157007809 151026443 X -5276793 -1586361 X X 0 1 X 1 0 X 39789029 41878868 28862628 35101328 29193861 174825714 39789029 41878868 28862628 35101328 29193861 174825714 174825714 3808279 6613665 301338 1844317 2381892 14949491 721390 639515 286750 468917 1101850 3218422 192993627 49489202 0.90590 0.91020 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2018 AMOUNT: $ 142,158. 2019 AMOUNT: $ 310,077. 2020 AMOUNT: $ 10,271. 2021 AMOUNT: $ 19,950. 2022 AMOUNT: $ 32,858. FUNDRAISING REVENUE - 2018 AMOUNT: $ 92,595. 2019 AMOUNT: $ 1,800. 2020 AMOUNT: $ 21,140. 2021 AMOUNT: $ 88,730. 2022 AMOUNT: $ 61,365. MANAGEMENT FEES - 2018 AMOUNT: $ 201,570. 2019 AMOUNT: $ 252,608. 2020 AMOUNT: $ 251,522. 2021 AMOUNT: $ 250,000. 2022 AMOUNT: $ 271,000. BAZAAR INCOME - 2018 AMOUNT: $ 113,700. 2021 AMOUNT: $ 98,475. 2022 AMOUNT: $ 101,745. CONSULTING INCOME - 2018 AMOUNT: $ 8,350. 2019 AMOUNT: $ 5,692. MAILING LIST - 2018 AMOUNT: $ 27,292. 2019 AMOUNT: $ 4,940. 2020 AMOUNT: $ 2,687. 2021 AMOUNT: $ 3,032. 2022 AMOUNT: $ 2,823. CAFETERIA INCOME - 2018 AMOUNT: $ 101,525. 2019 AMOUNT: $ 60,989. BOUTIQUE SALES - 2018 AMOUNT: $ 34,200. 2019 AMOUNT: $ 3,409. 2020 AMOUNT: $ 1,130. 2021 AMOUNT: $ 8,730. 2022 AMOUNT: $ 6,989. INSURANCE PROCEEDS - 2022 AMOUNT: $ 249,000. PAYROLL TAX CREDIT - 2022 AMOUNT: $ 376,070. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 33025 0 33025 51829448 51862473 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 66000 45000 36000 33025 180025 250000 250000 250000 250000 1000000 1500000 66000 45000 36000 33025 180025 250000 1 93433236 -292974 11055652 11829684 493615 91872615 106944016 47048 -8653727 4613204 292178 93433236 92780429 21467 22119816 7687204 290492 106944016 101160417 72000 1450320 9599095 303213 92780429 99853636 50639 5946383 4449813 240428 101160417 0.03740 0.90783 0.05477 0 1 1 2509919 1304433 1205486 16747345 14756682 1990663 5739597 4728834 1010763 43776864 301192 43475672 47682584 BENEFICIAL INTEREST IN BAM ENDOWMENT TRUST 91872615 SECURITY DEPOSITS 44486 457B PLAN ASSETS 196120 STRAND THEATER TENANTS' RESERVE 23580 DUE FROM BAM ENDOWMENT TRUST 1525 LEASE INITIAL DIRECT COST 57546 92195872 DUE TO NYC CIRS 457499 DUE TO BAM ENDOWMENT TRUST 1925767 2383266 X 48354254 0 48354254 -1768574 -1768574 46585680 53631047 1768574 1768574 51862473 0 51862473 PART V, LINE 4: THE ENDOWMENT FUNDS REPORTED IN PART V ARE BEING ADMINISTERED THROUGH THE BAM ENDOWMENT TRUST, A SUPPORTING ORGANIZATION AS DEFINED IN CODE SECTION 509(A)(3) OF THE INTERNAL REVENUE CODE OF 1986. THE EARNINGS OF THE TRUST ARE USED EXCLUSIVELY TO ASSIST BAM IN CARRYING OUT ITS MISSION. PART X, LINE 2: BAM BELIEVES IT HAS NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2023 AND 2022 IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, INCOME TAXES WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISION FOR UNCERTAIN TAX POSITIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -1,768,574. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 1,768,574. BAM GALA 2023 1375558 1314193 61365 191182 162427 1375558 1314193 61365 191182 162427 353609 -292244 X X X X X 0 1 0 0 0 0 0 1 0 DAVID BINDER ARTISTIC DIRECTOR 533362 0 50000 0 2410 0 32190 0 23393 0 641355 0 0 0 JENNIFER ANGLADE CO-INTERIM PRES,CFO & VP OF FINANCE 425394 0 0 0 421 0 32190 0 16135 0 474140 0 0 0 COURTNEY KILLINGSWORTH CO-INTERIM PRES.,VP SOCIAL IMPACT 378367 0 0 0 310 0 32190 0 34893 0 445760 0 0 0 GINA DUNCAN PRESIDENT (INCOMING) 378358 0 0 0 582 0 32190 0 11746 0 422876 0 0 0 ELIZABETH N MOREAU CO-INTERIM PRES,ASSOC. VP&SR. PROD. 364905 0 0 0 474 0 32190 0 16533 0 414102 0 0 0 MARK JACKSON COO, LEGAL COUNSEL & SECRETARY 289753 0 0 0 64 0 32170 0 19896 0 341883 0 0 0 KENT DAVIDSON VP OF MARKETING & COMM. 228682 0 0 0 5098 0 25950 0 13396 0 273126 0 0 0 CHANTAL BERNARD CO-HEAD OF DEVELOPMENT 219984 0 0 0 602 0 24485 0 20434 0 265505 0 0 0 WILLIAM A LEE ASSOCIATE VP, IT 187564 0 0 0 829 0 20912 0 26739 0 236044 0 0 0 YVETTE RODRIGUEZ SR. DIRECTOR OF FINANCE 172490 0 0 0 313 0 19181 0 36778 0 228762 0 0 0 NICHOLAS VARACALLI CREW CHIEF 202376 0 0 0 0 0 22464 0 3821 0 228661 0 0 0 AMY CASSELLO ASSOCIATE ARTISTIC DIRECTOR 176657 0 0 0 4566 0 20116 0 13336 0 214675 0 0 0 STACY MARGOLIS VP OF DEVELOPMENT (OUTGOING) 40674 0 0 0 84064 0 13846 0 11979 0 150563 0 0 0 PART I, LINE 4B STACY MARGOLIS, VP OF DEVELOPMENT, RECEIVED A DISTRIBUTION OF $76,440 FROM A 457(B) RETIREMENT PLAN. THE AMOUNTS REPORTED IN PART II, COLUMN B(III) ALSO INCLUDE CONTRIBUTIONS TO A 457(B) RETIREMENT PLAN FOR CERTAIN PEOPLE. PART I, LINE 7 DAVID BINDER, ARTISTIC DIRECTOR, RECEIVED A BONUS THAT WAS APPROVED BY THE FORMER PRESIDENT. X 26 772498 AVG. HIGH/LOW X ENERGY SUPPORT 1 1050761 FAIR MARKET VALUE X CIRS PENSION 1 311044 FAIR MARKET VALUE X REFRESHMENTS 2 25304 FAIR MARKET VALUE 0 1 0 PART I, COLUMN (B): THE NUMBER IN COLUMB (B) REPRESENTS THE NUMBER OF CONTRIBUTORS. SCHEDULE M, PART I, LINE 25-27: THE THREE OTHER TYPES OF PROPERTY REPRESENT ENERGY SUPPORT, CIRS PENSIONS, GROUP LIFE INSURANCE, ADMIN FEES, AND REFRESHMENTS. FORM 990, PART VI, SECTION B, LINE 11B TAX RETURN IS PREPARED BY AN INDEPENDENT ACCOUNTANT AND IS REVIEWED BY MANAGEMENT. DRAFT VERSIONS OF THE TAX RETURNS ARE PRESENTED TO THE FULL BOARD FOR REVIEW AND COMMENT IN ADVANCE OF THE FILING DEADLINE. AFTER ANY NECESSARY REVISIONS, THE TAX RETURNS ARE FILED WITH THE APPROPRIATE AUTHORITIES. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR, ALL MEMBERS OF THE BOARD OF TRUSTEES AND SENIOR MANAGEMENT ARE REQUIRED TO REVIEW AND SIGN BAM'S CONFLICT OF INTEREST POLICY. WHEN A BIDDING SITUATION WITH A POTENTIAL CONFLICT ARISES, PROPOSALS FROM MULTIPLE SOURCES ARE REQUESTED. A SUBCOMMITTEE OF BAM'S BOARD GOVERNANCE COMMITTEE SERVES AS THE CONFLICT OF INTEREST COMMITTEE AND EVALUATES EACH CONFLICT OR POTENTIAL CONFLICT TO ENSURE THAT EACH BID MEETS THE CRITERIA SET FORTH IN BAM'S CONFLICT OF INTEREST POLICY. THOSE MEMBERS WITH A CONFLICT MAY NOT PARTICIPATE IN OR ATTEND AN AUTHORIZED BODY'S DELIBERATIONS OR VOTE ON THE CONFLICT OF INTEREST ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15A A COMMITTEE CONSISTING OF INDEPENDENT TRUSTEES AND MEMBERS OF MANAGEMENT COMPLETED A COMPENSATION REVIEW. THE SALARY AND BENEFIT DATA FOR COMPARABLE ROLES WAS REVIEWED AND DISCUSSED. FOR TOP MANAGEMENT AND OFFICERS, A COMPENSATION TARGET AND RANGE WAS ESTABLISHED FOR EACH POSITION. THIS PROCESS IS UNDERTAKEN ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 THROUGH ITS WEBSITE (WWW.BAM.ORG), BAM MAKES AVAILABLE ITS CONFLICT OF INTEREST POLICY AND ITS FINANCIAL STATEMENTS. FORM 990, PART XI, LINE 9: DECREASE IN BENEFICIAL INTEREST IN BET ENDOWMENT TRUST -1,560,621. CULTURAL INSTITUTIONS RETIREMENT SYSTEM -25,740. FORM 990, PART XII, LINE 2C: THE PROCESS OF OVERSEEING OF THE AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. BAM ENDOWMENT TRUST 30 LAFAYETTE AVENUE BROOKLYN NY 11217 113112268 THE BAM ENDOWMENT TRUST OPERATES EXCLUSIVELY FOR THE BENEFIT OF BAM NY 501(C)(3) LINE 12C, III-FI N/A 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1