2024-04-29T12:45:46-05:00 2023-06-30 366055558 GRANT THORNTON LLP 757 THIRD AVENUE 3RD FLOOR NEW YORK NY 100172013 990 2022-07-01 131789318 WHITNEY MUSEUM OF AMERICAN ART WHIT 2125703600 99 GANSEVOORT STREET NEW YORK NY 10014 ID ARUEDE DEPUTY DIRECTOR 2125703600 2024-04-29 1 ID ARUEDE XXX-XX-XXXX 0 SCOTT THOMPSETT P00741490 2125990100 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ADAM D WEINBERG 99 GANSEVOORT STREET NEW YORK NY 10014 223797000 0 X WHITNEY.ORG X 1936 NY WHITNEY MUSEUM OF AMERICAN ART IS A MUSEUM DEVOTED TO AMERICAN ART OF THE 20TH AND 21ST CENTURIES. 50 49 535 122 311336 132624 66182000 60650000 8041000 11119000 31767000 23639000 4065900 5478000 110055900 100886000 316000 392000 0 0 35389000 38784000 0 0 3739000 41772900 47532000 77477900 86708000 32578000 14178000 925433000 972809000 128993000 125806000 796440000 847003000 X THE WHITNEY SEEKS TO BE THE DEFINING MUSEUM OF 20TH AND 21ST CENTURY AMERICAN ART. THE MUSEUM COLLECTS, EXHIBITS, PRESERVES, RESEARCHES AND INTERPRETS ART OF THE U.S. IN THE BROADEST GLOBAL, HISTORICAL AND INTERDISCIPLINARY CONTEXTS. (SEE SCHEDULE O) 0 0 40359000 0 10988000 COLLECTION AND EXHIBITIONS OF AMERICAN ARTIN FY23, THE WHITNEY MUSEUM OF AMERICAN ART PRESENTED 14 EXHIBITIONS. THESE INCLUDED: THE WHITNEY'S COLLECTION: SELECTIONS FROM 1900 TO 1965 (JUNE 28, 2019 - PRESENT); WHITNEY BIENNIAL 2022: QUIET AS IT'S KEPT (APRIL 6, 2022 - SEPTEMBER 5, 2022); AT THE DAWN OF A NEW AGE: EARLY TWENTIETH-CENTURY AMERICAN MODERNISM (MAY 7, 2022 - FEBRUARY 26, 2023); TIME MANAGEMENT TECHNIQUES (SEPTEMBER 24, 2022 - JANUARY 8, 2023); 2 LIZARDS (SEPTEMBER 30, 2022 - FEBRUARY 19, 2023); EDWARD HOPPER'S NEW YORK (OCTOBER 19, 2022 - MARCH 5, 2023); IN THE BALANCE (OCTOBER 19, 2022 - MARCH 5, 2023); (SEE SCHEDULE O)NO EXISTE UN MUNDO POSHURACN: PUERTO RICAN ART IN THE WAKE OF HURRICANE MARIA (NOVEMBER 23, 2022 - APRIL 23, 2023); EVERY OCEAN HUGHES: ALIVE SIDE (JANUARY 14, 2023 - APRIL 2, 2023); REFIGURED (MARCH 3, 2023 - JULY 3, 2023); JAUNE QUICK-TO-SEE SMITH: MEMORY MAP (APRIL 19, 2023 - AUGUST 13, 2023); JOSH KLINE: PROJECT FOR A NEW AMERICAN CENTURY (APRIL 19, 2023 - AUGUST 13, 2023); ROSE B. SIMPSON: COUNTERCULTURE (JUNE 3, 2023 - AUGUST 13, 2023); AND INHERITANCE (JUNE 28, 2023 - FEBRUARY 4, 2024). FY23 PERFORMANCES AT THE MUSEUM INCLUDED: JASON RHOADES: SUTTER'S MILL (APRIL 8 - SEPTEMBER 2, 2022); ALEX DA CORTE: ROY G BIV (APRIL 20 - AUGUST 8, 2022), RAVEN CHACON: FOR ZITKALA-SA (JULY 16, 2022), JULIE TOLENTINO: HOLD TIGHT GENTLY (OCTOBER 7, 2022), EVERY OCEAN HUGHES: HELP THE DEAD (JAN 27-29, 2023); EVERY OCEAN HUGHES: ONE BIG BAG (FEBRUARY 17-19, 2023); AWILDA STERLING-DUPREY: LACKS CRITICALITY (MARCH 3-5, 2023); AND EVERY OCEAN HUGHES: RIVER (MARCH 24-26, 2023).AN ONGOING SERIES OF OUTDOOR ART SHOWN ACROSS GANSEVOORT STREET FROM THE MUSEUM HAD 3 INSTALLATIONS: WHITNEY BIENNIAL 2022: QUIET AS IT'S KEPT (APRIL 6, 2022 - SEPTEMBER 5, 2022); MARTINE GUTIERREZ: SUPREMACY (SEPTEMBER 1, 2022 - MARCH 1, 2023); AND HADI FALAPISHI: ALMOST THERE (APRIL 19, 2023 - SEPTEMBER 19, 2023).THE FOLLOWING EXHIBITIONS TOURED NATIONALLY: MY BARBARIAN (INSTITUTE OF CONTEMPORARY ART, LOS ANGELES, CA); AT THE DAWN OF A NEW AGE (NORTON MUSEUM OF ART, WEST PALM BEACH, FL); AND LABYRINTH OF FORMS (SONOMA VALLEY MUSEUM OF ART, SONOMA, CA). ONE EXHIBITION TOURED INTERNATIONALLY: EDWARD HOPPER'S NEW YORK (SEOUL MUSEUM OF ART, SEOUL, SOUTH KOREA). 5623000 392000 0 EDUCATION PROGRAMSDURING FY23, THE WHITNEY'S EDUCATION DEPARTMENT COLLABORATED WITH COLLEAGUES ACROSS THE MUSEUM TO STRENGTHEN THE TRANSITION INTO IN-PERSON PROGRAMMING. ALL TEAMS DEVELOPED PROGRAMS TO ENGAGE THE WHITNEY'S WORLD-CLASS COLLECTION OF AMERICAN ART AND MAINTAIN THE DIVERSE ONLINE AUDIENCE THAT WAS CREATED AFTER THE COVID-19 PANDEMIC. THE WHITNEY SERVED A TOTAL OF 53,849 VISITORS IN PERSON AND ONLINE THROUGH SCHOOL, YOUTH, FAMILY, PUBLIC, AND ACCESS AND COMMUNITY PROGRAMS. AN ADDITIONAL 173,973 ASYNCHRONOUS USERS ENGAGED DIGITALLY WITH INTERPRETIVE CONTENT SUCH AS AUDIO GUIDES, RECORDED VIDEOS OF PROGRAMS ON YOUTUBE, AND PODCASTS (SEE SCHEDULE O) A TOTAL OF 14,009 OF THESE IN PERSON AND ONLINE VISITORS WERE K-12 STUDENTS. EDUCATION STAFF WORKED WITHIN AND ACROSS PROGRAM AREAS ON ZOOM TO PRESENT DYNAMIC PROGRAMMING THAT EXPLORED CRITICAL QUESTIONS ABOUT AMERICAN ART, CULTURE, AND SOCIETY. THE SCHOOL PROGRAM TEAM COMPLETED 148 ONLINE LESSONS AND SERVED 10,676 K-12 STUDENTS IN ONLINE AND IN-PERSON PROGRAMMING; 1,903 K-12 STUDENTS WERE FROM OUR 9 PARTNERSHIP SCHOOLS.IN ADDITION, THE WHITNEY EDUCATION DEPARTMENT CONTINUED ALL TEEN YOUTH INSIGHTS COHORTS WITH 106 MEETINGS AND TEEN EVENTS, SERVING A TOTAL OF 719 TEENS; OUT OF THIS NUMBER, 132 TEENS PARTICIPATED IN YOUTH INSIGHTS OR A LEADER PROGRAM. IN FY23, THE MUSEUM OFFERED ITS ANNUAL ART COLLEGE NIGHT FOR NYC TEENS. REPRESENTATIVES FROM COLLEGES IN THE NEW YORK AREA GAVE INFORMATION ABOUT SCHOLARSHIP OPPORTUNITIES, COLLEGE ESSAY WRITING TIPS, AND MUCH MORE. THE MUSEUM ALSO CONTINUED ITS COMMITMENT TO ACCESSIBILITY FOR VISITORS WITH DISABILITIES TO EXPERIENCE THE RICHNESS AND COMPLEXITY OF AMERICAN ART IN AN ACCESSIBLE AND INCLUSIVE ENVIRONMENT THROUGH REMOTE AND IN-PERSON OFFERINGS. THIS INCLUDES VISITORS WHO IDENTIFY AS DISABLED, D/DEAF, DEAF-BLIND, NEURODIVERGENT, AUTISTIC, LOW VISION AND/OR EXPERIENCE A RANGE OF COGNITIVE, INTELLECTUAL, AND DEVELOPMENTAL DISABILITY, PHYSICAL DISABILITY, CHRONIC ILLNESS AND/OR SENSORY SENSITIVITIES. THE ACCESS TEAM FOCUSED ON EXPANDING ACCESS FEATURES ON THE MOBILE GUIDE TO SUPPORT VISITORS WITH DISABILITIES AS THEY ENGAGED WITH WHITNEY EXHIBITIONS DURING FY23 A TOTAL OF 379 PEOPLE ATTENDED AN ACCESS TOUR, AND A TOTAL OF 1,273 STUDENTS WITH DISABILITIES FROM 32 DIFFERENT SCHOOLS, PARTICIPATED IN EITHER AN IN-PERSON GUIDED VISIT OR ONLINE LESSON.IN FY23, 6,842 PEOPLE ATTENDED ARTMAKING, TOURS, AND COMMUNITY PROGRAMS. COMMUNITY PROGRAMS AT THE WHITNEY SERVED AS A FOCAL POINT FOR EXPLORATION, DIALOGUE, AND SELF-EXPRESSION FOR THE MUSEUM'S DIVERSE NEIGHBORS WHO DESIRE TO CONNECT TO ART. COMMUNITY PROGRAMS DEVELOPED INDIVIDUALIZED EXTENDED PROGRAMS DESIGNED TO MEET THE SPECIFIC NEEDS OF OUR DIVERSE PARTNER OF 15 DIFFERENT ORGANIZATIONS AND TO PROVIDE EDUCATIONAL AND CULTURAL OPPORTUNITIES FOR UNDERSERVED AUDIENCES OF ALL AGES.PUBLIC PROGRAMS AND PUBLIC ENGAGEMENT PRESENTED PROVOCATIVE AND EXPERIMENTAL EVENTS THAT ENGAGE AUDIENCES IN CRITICAL DIALOGUES ON ART AND CULTURAL PRODUCTION. THE DIVISION OFFERED 19 PROGRAMS AND 3 COURSES AND 2 WORKSHOPS TO 9,376 VISITORS. THESE PROGRAMS INCLUDED CONVERSATIONS, SYMPOSIA, READINGS, WORKSHOPS, AND SCREENINGS IN CONJUNCTION WITH QUIET AS IT'S KEPT: WHITNEY BIENNIAL 2022, EDWARD HOPPER'S NEW YORK, NO EXISTE UN MUNDO POSHURACN: PUERTO RICAN ART IN THE WAKE OF HURRICANE MARIA, REFIGURED, JAUNE QUICK-TO-SEE SMITH: MEMORY MAP, AND JOSH KLINE: PROJECT FOR A NEW AMERICAN CENTURY. THROUGHOUT THE YEAR, THE PUBLIC PROGRAMS MAILING LIST CONTINUED TO GROW, ADDING NEARLY 4,000 NEW SUBSCRIBERS FOR A TOTAL OF APPROXIMATELY 30,000 INDIVIDUALS, AND THE MUSEUM BEGAN TO COLLECT FEEDBACK FROM PROGRAM ATTENDEES THROUGH SHORT SURVEYS AFTER PROGRAMS. IN JULY 2021, PROGRAMS WERE DEVELOPED TO BE IN A HYBRID FORMAT, ENABLING SPEAKERS AND AUDIENCES TO PARTICIPATE IN-PERSON OR VIRTUALLY, AS WELL AS CREATING OPPORTUNITIES TO DEEPEN THE ACCESSIBILITY OF THESE EVENTS. INSTANCES OF THESE PROGRAMS WERE THOMAS J. PRICE IN CONVERSATION, APPROACHING A CITY: HOPPER'S VISION OF URBAN SPACE, AND THE ANNUAL WALTER ANNENBERG LECTURE FEATURING JAUNE QUICK-TO-SEE SMITH. ADDITIONALLY, PUBLIC PROGRAMS FOCUSED ON MAKING EVENTS MORE ACCESSIBLE, ALL EVENTS WERE OFFERED WITH CLOSED CAPTIONING AND ASL INTERPRETATION WHEN REQUESTED, AS WELL AS LIVE SPANISH TRANSLATION.FAMILY PROGRAMS HAD 47 IN PERSON AND ONLINE ART CLUBS AND WORKSHOP STUDIOS SERVING A TOTAL OF 6871 PEOPLE IN PERSON (BETWEEN KIDS AND ADULTS). ONE SUCH INITIATIVE WAS WHITNEY KIDS ART CHALLENGE, DESIGNED FOR KIDS AND ADULTS TO DO TOGETHER WITH MATERIALS EASILY FOUND IN THE HOME BASED ON WORKS IN THE WHITNEY'S PERMANENT COLLECTION. THE FAMILY PROGRAMS TEAM LEAD ONE OF THE LARGEST FAMILY EVENTS HOSTED AT THE MUSEUM: WHITNEY PRIDE CELEBRATION, FEATURING HANDS-ON ARTMAKING, COLLABORATIVE, COLORING PROJECTS INSPIRED BY ARTIST CHITRA GANESH, QUEER HISTORY WALKING TOURS OF THE MEATPACKING DISTRICT, GIVEAWAYS, AND A SPECIAL DANCE PERFORMANCE LED BY DANCE COLLECTIVE BOB'S DANCE SHOP, THIS EVENT HAD MORE THAN 2000 ATTENDEES. FOR MORE INFORMATION ABOUT WHITNEY EDUCATION, PLEASE VISIT WHITNEY.ORG/EDUCATION. 5483000 0 131000 CURATORIAL AND RELATED SUPPORTIN FY23, THE WHITNEY MUSEUM OF AMERICAN ART CONTINUED ITS ONGOING STUDY INTO THE MORE THAN 26,000 OBJECTS IN THE COLLECTION BY OVER 3,800 ARTISTS. THE WHITNEY CONTINUED ITS WORK ON A MULTI-YEAR, CROSS-DEPARTMENTAL, AND CROSS-INSTITUTIONAL RESEARCH PROJECT TO UNDERSTAND THE ORIGIN, SCOPE, EVOLUTION, USE, AND IMPACT OF THE MUSEUM'S COLLECTION. THE PROJECT, WHICH WILL CULMINATE IN THE WHITNEY'S FIRST EVER COLLECTION STRATEGIC PLAN, WILL OFFER RECOMMENDATIONS, GOALS, AND OBJECTIVES FOR THE FUTURE OF THE WHITNEY'S COLLECTION THAT IS INFORMED BY THE INSTITUTION'S HISTORY AND ENRICHED BY ITS DESIRE TO MAKE ITS HOLDINGS USEFUL, DYNAMIC, (SEE SCHEDULE O) AND RELEVANT FOR TODAY AND THE FUTURE. DURING THE COURSE OF FY23, THE WHITNEY ADDED 296 NEW WORKS TO THE COLLECTION, INCLUDING WORKS BY 66 ARTISTS ENTERING THE COLLECTION FOR THE FIRST TIME. THE WHITNEY CONTINUES TO REFINE AND EXPERIMENT WITH ITS STRATEGIES FOR DISPLAYING MORE OF THE PERMANENT COLLECTION WITHIN ITS GALLERY SPACES. THE RESULTING COLLECTION DISPLAYS CREATE THEMATIC, ART HISTORICAL CONTEXTS AND COUNTERPOINTS TO THE ONGOING SPECIAL EXHIBITIONS PROGRAM, AND EXPLORE HOW THE INSTITUTION CAN CONTRIBUTE TO NEW NARRATIVES ABOUT AMERICAN CULTURE AND HISTORY. RICH DOCUMENTATION OF THESE INSTALLATIONS AND MANY OF THE ARTWORKS WITHIN THEM ALLOWED THESE EXHIBITIONS TO REMAIN ACCESSIBLE THROUGH THE MUSEUM'S WEBSITE. IN JUNE 2023, THE WHITNEY OPENED INHERITANCE, AN EXHIBITION MADE UP EXCLUSIVELY OF WORKS FROM THE COLLECTION. 39 WORKS IN INHERITANCE, BY 29 DIFFERENT ARTISTS, ARE ON VIEW FOR THE FIRST TIME IN THE WHITNEY'S GALLERIES. WORK WAS ONGOING TO DIGITIZE THE MUSEUM'S COLLECTIONS, A PROJECT THAT IS A CRUCIAL ASPECT OF THE INCREASED SCOPE OF THE CURATORIAL, CONSERVATION, AND RESEARCH RESOURCES TEAMS IN THE MUSEUM'S ENLARGED FACILITY. THE WHITNEY'S PERMANENT COLLECTION REMAINED ONLINE AND AVAILABLE TO THE PUBLIC AS A SEARCHABLE RESOURCE AND IS UPDATED REGULARLY AS NEW WORKS ENTER THE COLLECTION. IMPORTANT LIBRARY AND SPECIAL COLLECTIONS HOLDINGS ARE KEPT ON SITE, AS WELL AS ABOUT 16,000 WORKS ON PAPER THAT ARE STORED IN THE SONDRA GILMAN STUDY CENTER, FACILITATING ACCESS TO THEM FOR CURATORS AND SCHOLARS. THE SONDRA GILMAN STUDY CENTER SUPPORTS CROSS-MEDIUM, CROSS-DISCIPLINARY RESEARCH, ALLOWING MUSEUM STAFF, ARTISTS, SCHOLARS, AND RESEARCHERS ACCESS TO THE COLLECTION AND OPPORTUNITY FOR CLOSE MATERIAL AND TECHNICAL EXAMINATION OF OBJECTS. AS SUCH, THE STUDY CENTER IS AN EXCEPTIONAL RESOURCE FOR HISTORIANS AND CURATORS OF MODERN AND CONTEMPORARY ART, MAKING THE WHITNEY'S WORLD-CLASS HOLDINGS AVAILABLE FOR PRIMARY RESEARCH AND IN-DEPTH CONSULTATION. DURING FY23, 61 EXTERNAL VISITS, WITH 463 UNIQUE VISITORS WERE HELD IN THE STUDY CENTER. 2288000 0 520958 PUBLICATION AND RETAIL SALES:MUSEUM RELATED AUXILLARY SERVICES THAT PROVIDE PRODUCTS RELATED TO THE MUSEUM'S COLLECTION AND EXHIBITIONS. 2288000 0 520958 53753000 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 0 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 388 0 1 535 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 50 49 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AL AK AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS NH NJ NC ND NY OH OK OR PA RI SC TN UT VA WA WV WI X X ID ARUEDE DEPUTY DIRECTOR 2126711820 99 GANSEVOORT STREET NEW YORK NY 10014 ADAM D WEINBERG ALICE PRATT BROWN DIRECTOR 35.00 0.00 X X 996607 0 95861 FERN KAYE TESSLER BOARD PRESIDENT 1.00 0.00 X X 0 0 0 RICHARD M DEMARTINI CHAIRMAN 1.00 0.00 X X 0 0 0 ROBERT J HURST CHAIRMAN OF EXECUTIVE COMMITTEE 1.00 0.00 X X 0 0 0 MIYOUNG LEE VICE CHAIRMAN 1.00 0.00 X X 0 0 0 NANCY POSES VICE CHAIRMAN 1.00 0.00 X X 0 0 0 PAUL C SCHORR IV VICE CHAIRMAN 1.00 0.00 X X 0 0 0 ANNE-CECILIE ENGELL SPEYER VICE CHAIRMAN 1.00 0.00 X X 0 0 0 GAURAV K KAPADIA VICE PRESIDENT 1.00 0.00 X X 0 0 0 JULIE OSTROVER VICE PRESIDENT 1.00 0.00 X X 0 0 0 SCOTT RESNICK VICE PRESIDENT 1.00 0.00 X X 0 0 0 ROBERT ROSENKRANZ VICE PRESIDENT 1.00 0.00 X X 0 0 0 BENNETT GOODMAN TREASURER/TRUSTEE 1.00 0.00 X X 0 0 0 LAURIE M TISCH SECRETARY/TRUSTEE 1.00 0.00 X X 0 0 0 ADAM D WEINBERG EX OFFICIO ALICE PRATT BROWN DIRECTOR 1.00 0.00 X X 0 0 0 JUDY HART ANGELO TRUSTEE 1.00 0.00 X 0 0 0 PAUL ARNHOLD TRUSTEE 1.00 0.00 X 0 0 0 JILL BIKOFF TRUSTEE 1.00 0.00 X 0 0 0 LESLIE BLUHM TRUSTEE 1.00 0.00 X 0 0 0 NEIL G BLUHM TRUSTEE 1.00 0.00 X 0 0 0 DAVID CANCEL TRUSTEE 1.00 0.00 X 0 0 0 DAVID CAREY TRUSTEE 1.00 0.00 X 0 0 0 JOANNE LEONHARDT CASSULLO TRUSTEE 1.00 0.00 X 0 0 0 HENRY CORNELL TRUSTEE 1.00 0.00 X 0 0 0 NANCY CARRINGTON CROWN TRUSTEE 1.00 0.00 X 0 0 0 PAMELLA G DEVOS TRUSTEE 1.00 0.00 X 0 0 0 BETH RUDIN DEWOODY TRUSTEE 1.00 0.00 X 0 0 0 FIONA IRVING DONOVAN TRUSTEE 1.00 0.00 X 0 0 0 FAIRFAX N DORN TRUSTEE 1.00 0.00 X 0 0 0 LISE EVANS TRUSTEE 1.00 0.00 X 0 0 0 VICTOR F GANZI TRUSTEE 1.00 0.00 X 0 0 0 HENRY LOUIS GATES JR TRUSTEE 1.00 0.00 X 0 0 0 KATJA GOLDMAN TRUSTEE 1.00 0.00 X 0 0 0 KENNETH C GRIFFIN TRUSTEE (THRU 6/2023) 1.00 0.00 X 0 0 0 SUSAN K HESS TRUSTEE 1.00 0.00 X 0 0 0 MICHAEL E KASSAN EX OFFICO TRUSTEE 1.00 0.00 X 0 0 0 NEAL K KATYAL TRUSTEE 1.00 0.00 X 0 0 0 CLAUDIA LAVIADA TRUSTEE 1.00 0.00 X 0 0 0 JONATHAN O LEE TRUSTEE 1.00 0.00 X 0 0 0 RAYMOND J MCGUIRE TRUSTEE 1.00 0.00 X 0 0 0 JULIE MEHRETU TRUSTEE 1.00 0.00 X 0 0 0 ERIC L MOTLEY TRUSTEE 1.00 0.00 X 0 0 0 BROOKE GARBER NEIDICH TRUSTEE 1.00 0.00 X 0 0 0 JOHN C PHELAN TRUSTEE 1.00 0.00 X 0 0 0 JEN RUBIO TRUSTEE 1.00 0.00 X 0 0 0 MARY E BUCKSBAUM SCANLAN TRUSTEE 1.00 0.00 X 0 0 0 RICHARD D SEGAL TRUSTEE 1.00 0.00 X 0 0 0 JONATHAN S SOBEL TRUSTEE 1.00 0.00 X 0 0 0 THOMAS E TUFT TRUSTEE 1.00 0.00 X 0 0 0 FRED WILSON TRUSTEE 1.00 0.00 X 0 0 0 DAVID W ZALAZNICK TRUSTEE 1.00 0.00 X 0 0 0 PAMELA BESNARD CHIEF ADVANCEMENT OFFICER 35.00 0.00 X 405541 0 39960 AMY ROTH CO-CHIEF OPERATING OFFICER 35.00 0.00 X 412463 0 47308 IDEHEN ARUEDE DEPUTY DIRECTOR 35.00 0.00 X 418840 0 37105 NICHOLAS S HOLMES GENERAL COUNSEL/ASSISTANT SECRETARY 35.00 0.00 X 253020 0 43460 SCOTT ROTHKOPF - SR DEP DIR NANCY&STEVEN CROWN FAM CHIEF CURATOR 35.00 0.00 X 452575 0 31035 CHRISTY L PUTNAM - ASSO DIR EXHIBITIONS & COLLECTIONS MANAGEMENT 35.00 0.00 X 234143 0 28600 CHRISTINE MELLAMPE CHIEF HUMAN RESOURCES OFFICER 35.00 0.00 X 239297 0 40645 EUNICE LEE DIR., STRG. PARTNERSHIPS & EVENTS 35.00 0.00 X 222906 0 24990 MARILOU AQUINO CHIEF PHILANTHROPIC OFFICER 35.00 0.00 X 221165 0 42109 BRIDGET MENDOZA CHIEF INFORMATION OFFICER 35.00 0.00 X 210394 0 40670 CRISTINA SCORZA HELENA RUBINSTEIN CHAIR OF EDUCATION 35.00 0.00 X 209558 0 18454 4276509 0 490197 60 0 1 0 TEMPORARY WALLS INC 412 STONE ROW LANE BANGOR PA 18013 CONSTRUCTION SERVICES 849650 OUTFRONT 185 US HIGHWAY 46 FAIRFIELD NJ 07004 EXHIBITION MARKETING 406000 KAUFF MCGUIRE & MARGOLIS LLP 950 THIRD AVENUE 14TH FL NEW YORK NY 10022 LEGAL SERVICES 348190 GOOGLE LLC 1600 AMPITHEATRE PKWY MOUNTAIN VIEW CA 94043 EXHIBITION MARKETING 342501 MONTICELLO ASSOCIATES 1800 LARIMER STREET SUITE 2100 DENVER CO 80202 INVESTMENT ADVISORY CONSULTANT 340000 40 9411000 5160000 6960000 39119000 16694000 60650000 ADMISSION INCOME 900099 10979000 10979000 ART LOAN FEES 900099 131000 131000 TRAVELING EXHIBITIONS 900099 9000 9000 11119000 3691000 21294 3669706 979000 979000 4783000 175000 4608000 4608000 4608000 126292000 12550000 118894000 0 7398000 12550000 19948000 19948000 224000 5160000 1152000 -928000 -928000 3377000 2690000 687000 520958 166042 CATERING/EVENT INCOME 900099 124000 124000 MISCELLANEOUS INCOME 900099 8000 8000 132000 100886000 11639958 311336 28284706 392000 392000 3832000 1497000 1590000 745000 27206000 16779000 9102000 1325000 1547000 759000 695000 93000 4228000 2097000 1875000 256000 1971000 1210000 633000 128000 1595000 14000 1581000 246000 246000 574000 574000 4276000 2433000 1799000 44000 2169000 2015000 154000 1599000 1542000 32000 25000 5895000 3782000 2113000 1548000 740000 331000 477000 1216000 786000 363000 67000 10279000 6642000 3068000 569000 1470000 2000 1468000 ART ACQUISTIONS 7277000 7277000 BUILDING SUPPLIES & REP 2554000 140000 2414000 EXHIBITION EXPENSES 2272000 2270000 2000 ART PACKING/SHIPPING 1219000 1219000 3343000 2157000 1176000 10000 86708000 53753000 29216000 3739000 X 30581000 21846700 15640000 29565300 30003000 18938000 1420000 12816000 4544000 4348000 4077000 2639000 473002000 101900000 355940000 371102000 104755000 105400000 361538000 392470000 16935000 13684000 925433000 972809000 7453000 11908000 1969000 2829000 96490000 94028000 23081000 17041000 128993000 125806000 X 398484000 400751000 397956000 446252000 796440000 847003000 925433000 972809000 X 14178000 35381000 1004000 X 0 1 X 1 0 X 56108000 82725000 48648000 66182000 60650000 314313000 56108000 82725000 48648000 66182000 60650000 314313000 44726359 269586641 9979000 8403000 6483000 6301400 9453000 40619400 132624 132624 1477000 707000 720000 301700 232000 3437700 358502724 46342295 0.75200 0.77130 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS INCOME FROM FUNDRAISING EVENTS - 2018 AMOUNT: $ 989,000. 2019 AMOUNT: $ 415,000. 2020 AMOUNT: $ 720,000. 2021 AMOUNT: $ 144,000. 2022 AMOUNT: $ 224,000. INSURANCE RECOVERY - 2018 AMOUNT: $ 0. 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 150,000. 2022 AMOUNT: $ 0. MISCELLANEOUS INCOME - 2018 AMOUNT: $ 488,000. 2019 AMOUNT: $ 292,000. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 7,700. 2022 AMOUNT: $ 8,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 1 410832000 3657000 46176000 20957000 439708000 481944000 10644000 -66710000 15046000 410832000 371839000 9199000 108663000 7757000 481944000 372314000 3530000 11834000 15839000 371839000 357673000 12031000 17630000 15020000 372314000 0.12167 0.63252 0.24581 0 0 34662000 34662000 405040000 95527000 309513000 2002000 2002000 0 23379000 4371000 19008000 7919000 7919000 371102000 EQUITY INVESTMENT FUNDS 142523000 F ALTT. INV.: MULTI-STRATEGY & OTHER 121868000 F EQUITY LONG/SHORT 59799000 F PRIVATE EQUITY 57163000 F REAL ASSETS 6110000 F INVESTMENT REDEMPTION RECEIVABLES 5007000 F 392470000 OPERATING LEASE LIABILITIES 14645000 ACCRUED PENSION OBLIGATION 2396000 17041000 X 136674000 35381000 117000 1004000 36502000 100172000 574000 140000 714000 100886000 86111000 117000 117000 85994000 574000 140000 714000 86708000 PART III, LINE 1A: COLLECTIONS OF ART, HISTORICAL TREASURES OR OTHER SIMILAR ASSETS: THE MUSEUM HAS AN EXTENSIVE COLLECTION OF ART, INCLUDING PAINTINGS, SCULPTURE, PHOTOGRAPHS, DRAWINGS, PRINTS, AND FILMS AND VIDEOS. THE COLLECTION IS MAINTAINED UNDER THE CARE OF THE REGISTRATION DEPARTMENT STAFF AND IS HELD FOR RESEARCH, EDUCATION AND PUBLIC EXHIBITION IN FURTHERANCE OF PUBLIC SERVICE, RATHER THAN FOR FINANCIAL GAIN. PROCEEDS FROM THE SALE OF COLLECTION ITEMS ARE USED TO ACQUIRE OTHER ITEMS FOR THE COLLECTION. THE MUSEUM DOES NOT INCLUDE EITHER THE COST OR THE VALUE OF ITS COLLECTION IN THE STATEMENT OF FINANCIAL POSITION, NOR DOES IT RECOGNIZE GIFTS OF COLLECTION ITEMS AS REVENUES IN THE STATEMENT OF ACTIVITIES. SINCE ITEMS ACQUIRED FOR THE COLLECTION BY PURCHASE ARE NOT CAPITALIZED, THE COST OF THOSE ACQUISITIONS IS REPORTED AS DECREASES IN NET ASSETS IN THE STATEMENT OF ACTIVITIES. DURING THE YEAR ENDED JUNE 30, 2023, THE MUSEUM DEACCESSIONED AND SOLD CERTAIN WORKS OF ART TOTALING $12,550,000 TO FUND THE ACQUISITION OF NEW WORKS OF ART FOR THE COLLECTION. AS OF JUNE 30, 2023, $11,287,000 OF THIS AMOUNT REMAINED OUTSTANDING; HOWEVER, THIS BALANCE WAS SUBSEQUENTLY RECEIVED IN AUGUST 2023, IN ACCORDANCE WITH THE TERMS OF THE CONSIGNMENT AGREEMENT. PART III, LINE 4: COLLECTIONS OF ART, HISTORICAL TREASURES OR OTHER SIMILAR ASSETS: THE WHITNEY MUSEUM OF AMERICAN ART SEEKS TO BE THE DEFINING MUSEUM OF THE 20TH & 21ST CENTURY AMERICAN ART. THE MUSEUM COLLECTS, EXHIBITS, PRESERVES, RESEARCHES AND INTERPRETS ART OF THE UNITED STATES IN THE BROADCAST GLOBAL, HISTORICAL AND INTERDISCIPLINARY CONTEXTS. AS THE PREEMINENT ADVOCATE FOR AMERICAN ART, WE FOSTER THE WORK OF LIVING ARTISTS AT THE CRITICAL MOMENTS IN THEIR CAREERS. THE WHITNEY EDUCATES A DIVERSE PUBLIC THROUGH DIRECT INTERACTION WITH ARTISTS, OFTEN BEFORE THEIR WORK HAS ACHIEVED GENERAL ACCEPTANCE. PART V, LINE 4: ORGANIZATION'S ENDOWMENT FUNDS: THE MUSEUM'S ENDOWMENT CONSISTS OF 149 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES, PRIMARILY TO SUPPORT THE GENERAL OPERATIONS AND EXHIBITION PROGRAMS OF THE MUSEUM, AS WELL AS THE SUPPORT OF THE BIENNIAL EXHIBITION PROGRAM, PERMANENT COLLECTION ACQUISITIONS, AND CURATORIAL SUPPORT. PART X, LINE 2: FIN 48 OVERVIEW THE MUSEUM FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THE POSITION IS "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. THE MUSEUM IS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE (THE "CODE") SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. THE MUSEUM HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED BUSINESS INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE MUSEUM HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN ITS FINANCIAL STATEMENTS. IN ADDITION, THE MUSEUM HAS NOT RECORDED A PROVISION FOR INCOME TAXES, AS IT HAS NO MATERIAL TAX LIABILITY FROM UNRELATED BUSINESS INCOME ACTIVITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN POST-RETIREMENT HEALTH AND OTHER BENEFITS OTHER THAN NET PERIODIC PENSION CHARGES AND SERVICE COST 999,000. NET PERIODIC PENSION CHARGES OTHER THAN SERVICE COST 5,000. PART XI, LINE 4B - OTHER ADJUSTMENTS: RESTAURANT EXPENSES 140,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: RESTAURANT EXPENSES 140,000. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 181269138 0 0 0 0 0 0 181269138 0 181269138 1 0 1 0 1 0 PART III ACCOUNTING METHOD: FORM 990, SCHEDULE F, PART IV: THE MUSEUM INVESTS IN DOMESTIC AND FOREIGN INVESTMENT VEHICLES THAT MAY OWN AN INTEREST IN A FOREIGN CORPORATION, PASSIVE FOREIGN INVESTMENT COMPANY, OR FOREIGN PARTNERSHIP. NEVERTHELESS, THE MUSEUM'S INVESTMENT ACTIVITIES MAY NOT REACH THE THRESHOLDS REQUIRED FOR FILING THE FORMS 926, 5471, 8621 OR 8865. TO THE EXTENT SUCH A FORM WAS COMPLETED, IT HAS BEEN FILED WITH THE ORGANIZATION'S FORM 990-T. GALA AND STUDIO PARTY 5091000 4931000 160000 117000 216000 60000 561000 ART PARTY 293000 229000 64000 34000 67000 97000 5384000 5160000 224000 151000 283000 60000 658000 1152000 -928000 1 INTERNS 131 392000 PART I, LINE 2: THE WHITNEY MUSEUM'S INTERN PROGRAM OFFERS TRAINING AND DIRECT EXPERIENCE WORKING IN ONE OF NEW YORK CITY'S MOST EXCITING MUSEUMS. INTERNS ARE PLACED IN DEPARTMENTS ACROSS THE MUSEUM WHERE THEY ASSIST PROFESSIONAL STAFF, INTERACT WITH THE PUBLIC, CONDUCT RESEARCH, AND LEARN ABOUT MODERN AND CONTEMPORARY AMERICAN ART. INTERNS ALSO GAIN VALUABLE TRAINING, SKILLS, AND WORK EXPERIENCE AS WELL AS AN OPPORTUNITY TO BUILD A NETWORK OF PROFESSIONAL CONTACTS. INTERNS ARE ASSIGNED TO A SPECIFIC MUSEUM DEPARTMENT FOR THE DURATION AND ARE PARTNERS WITH A MENTOR FOR THE DURATION OF THEIR INTERNSHIP. THE WHITNEY MUSEUM OFFERS SUMMER AND ACADEMIC YEAR INTERNSHIPS. THE SUMMER INTERNSHIP IS A FULL-TIME, PAID, NINE-WEEK SESSION PRIMARILY FOR UNDERGRADUATE STUDENTS. THE PROGRAM INCLUDES TRAINING, DIRECT WORK EXPERIENCE, PROFESSIONAL DEVELOPMENT, AND A WEEKLY SPEAKER SERIES. THE ACADEMIC YEAR INTERNSHIP PROGRAM OFFERS A SEMESTER LONG INTERNSHIP FOR UNDERGRADUATE AND GRADUATE STUDENTS CURRENTLY ENROLLED IN AN ACCREDITED ACADEMIC PROGRAM. THE MUSEUM IS NOT REQUIRED TO UNDERTAKE ANY MONITORING ON THE USE OF THE FUNDS, SINCE ALL FELLOWSHIP RECIPIENTS RECEIVE THE AWARD IN EXCHANGE FOR THE INTERN SERVICES RENDERED. X 1 1 X X X 0 1 0 0 0 0 0 1 0 ADAM D WEINBERG ALICE PRATT BROWN DIRECTOR 781375 0 0 0 215232 0 88915 0 6946 0 1092468 0 0 0 SCOTT ROTHKOPF - SR DEP DIR NANCY&STEVEN CROWN FAM CHIEF CURATOR 432575 0 20000 0 0 0 21209 0 9826 0 483610 0 0 0 AMY ROTH CO-CHIEF OPERATING OFFICER 392463 0 20000 0 0 0 21350 0 25958 0 459771 0 0 0 IDEHEN ARUEDE DEPUTY DIRECTOR 398840 0 20000 0 0 0 21350 0 15755 0 455945 0 0 0 PAMELA BESNARD CHIEF ADVANCEMENT OFFICER 385541 0 20000 0 0 0 21350 0 18610 0 445501 0 0 0 NICHOLAS S HOLMES GENERAL COUNSEL/ASSISTANT SECRETARY 243020 0 10000 0 0 0 18294 0 25166 0 296480 0 0 0 CHRISTINE MELLAMPE CHIEF HUMAN RESOURCES OFFICER 229297 0 10000 0 0 0 10057 0 30588 0 279942 0 0 0 MARILOU AQUINO CHIEF PHILANTHROPIC OFFICER 221165 0 0 0 0 0 16151 0 25958 0 263274 0 0 0 CHRISTY L PUTNAM - ASSO DIR EXHIBITIONS & COLLECTIONS MANAGEMENT 224143 0 10000 0 0 0 15924 0 12676 0 262743 0 0 0 BRIDGET MENDOZA CHIEF INFORMATION OFFICER 200394 0 10000 0 0 0 14712 0 25958 0 251064 0 0 0 EUNICE LEE DIR., STRG. PARTNERSHIPS & EVENTS 212906 0 10000 0 0 0 15164 0 9826 0 247896 0 0 0 CRISTINA SCORZA HELENA RUBINSTEIN CHAIR OF EDUCATION 204558 0 5000 0 0 0 0 0 18454 0 228012 0 0 0 PART I, LINE 1A HOUSING ALLOWANCE: THE WHITNEY MUSEUM PROVIDES A HOUSING ALLOWANCE TO THE ALICE PRATT BROWN DIRECTOR, ADAM D. WEINBERG PURSUANT TO THE TERMS OF HIS WRITTEN EMPLOYMENT CONTRACT; TO THE EXTENT THAT HOUSING IS TAXABLE, IT IS INCLUDED IN HIS TAXABLE WAGES AND REPORTED IN SCHEDULE J, PART II, COLUMN B(III). PART I, LINE 4B NON-QUALIFIED RETIREMENT PLAN: IN CALENDAR YEAR 2022, ADAM WEINBERG RECEIVED $67,867 IN CONTRIBUTIONS INTO HIS DEFERRED COMPENSATION PLAN; THIS AMOUNT IS REPORTED IN FORM 990, SCHEDULE J, PART II, COLUMN (C). ANY EARNINGS ON AMOUNTS CONTRIBUTED INTO THIS PLAN ARE NOT INCLUDED IN SCHEDULE J (AS REQUIRED BY THE FORM 990 INSTRUCTIONS) AND WILL BE REPORTED AT SUCH TIME AS THE DEFERRED COMPENSATION IS PAID OUT. PART I, LINE 7 AMOUNTS REPORTED IN COLUMN B(II) REPRESENT BONUSES EMPLOYEES RECEIVED IN CY2022 TO RECOGNIZE THEM FOR MEETING CERTAIN PERFORMANCE RELATED OBJECTIVES. A THE TRUST FOR CULTURAL RESOURCES OF THE CITY OF NEW YORK 131789318 649717VM4 2021-01-07 101213818 SEE PART V BELOW 0 0 0 A 101213818 27145 859470 100354348 2021 1 0 1 1 A 0 1 1 1 0 0 0 1 A 0 1 0 0 0 0 0 0 0 A 1 SCHEDULE K, SUPPLEMENTAL INFORMATION: IN JANUARY 2021, THE TRUST FOR CULTURAL RESOURCES OF THE CITY OF NEW YORK (THE "TRUST") ISSUED SERIES 2021 REFUNDING REVENUE BONDS PURSUANT TO THE REFUNDING REVENUE BOND RESOLUTION (WHITNEY MUSEUM OF AMERICAN ART), AS SUPPLEMENTED BY THE SERIES 2021 RESOLUTION, EACH ADOPTED BY THE TRUST ON DECEMBER 7, 2020, THE PROCEEDS OF WHICH HAVE BEEN LOANED TO THE MUSEUM PURSUANT TO A LOAN AGREEMENT DATED AS OF JANUARY 1, 2021 BY AND BETWEEN THE MUSEUM AND THE TRUST. SUCH PROCEEDS HAVE BEEN APPLIED TO THE REFINANCING OF THE MUSEUM'S 2011 REVENUE BONDS WHICH WERE USED TO FINANCE THE MUSEUM'S NEW DOWNTOWN FACILITY LOCATED IN THE MEATPACKING DISTRICT IN MANHATTAN, NEW YORK. SCHEDULE K, PART II, LINE 1: THE MUSEUM'S TAX-EXEMPT BOND IS AN INTEREST-ONLY BOND; THE MUSEUM WILL BE REQUIRED TO REPAY THE BOND IN FULL IN THE YEAR ENDING JUNE 30, 2032. SCHEDULE K, PART III, LINE 2: THE MUSEUM ENTERS INTO VARIOUS LICENSE AGREEMENTS WHICH ARE ALLOCATED TO THE NON-FINANCED PORTION OF THE SPACE. X 19 N/A X 32 1162000 FAIR MARKET VALUE X 1 15500000 FAIR MARKET VALUE X LAPTOPS 27 32000 FAIR MARKET VALUE 19 0 1 1 PART I, LINE 32B: TO THE EXTENT THE MUSEUM RECEIVES DONATIONS OF SECURITIES OR OTHER INVESTMENT ASSETS, IT CONVERTS THOSE ASSETS, INTO CASH. IN ADDITION, THE MUSEUM OCCASIONALLY COMMISSIONS LIMITED EDITION WORKS OF ART THAT WILL BE SOLD TO SUPPLEMENT THE MUSEUM'S FUNDRAISING EFFORTS. THE MUSEUM WILL ENGAGE THIRD PARTY VENDORS TO SELL THESE WORKS OF ART. PART I, LINE 33: NO AMOUNT IS REPORTED ON FORM 990, PART VIII, STATEMENT OF REVENUE, LINE 1G, BECAUSE THE WHITNEY DOES NOT CAPITALIZE ITS COLLECTIONS, AS PERMITTED UNDER GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. FORM 990, PART III, LINE 1 (ORGANIZATION'S MISSION CONTINUED): AS THE PREEMINENT ADVOCATE FOR AMERICAN ART, WE FOSTER THE WORK OF LIVING ARTISTS AT CRITICAL MOMENTS IN THEIR CAREERS. THE WHITNEY EDUCATES A DIVERSE PUBLIC THROUGH DIRECT INTERACTION WITH ARTISTS, OFTEN BEFORE THEIR WORK HAS ACHIEVED GENERAL ACCEPTANCE. FORM 990, PART VI, SECTION A, LINE 1A VOTING MEMBERS: IN ACCORDANCE WITH THE MUSEUM'S BY-LAWS, THE EXECUTIVE COMMITTEE CONSISTS ENTIRELY OF MUSEUM TRUSTEES. THE EXECUTIVE COMMITTEE CURRENTLY CONSISTS OF 22 MEMBERS AND IS COMPOSED OF CERTAIN TRUSTEE OFFICERS, CERTAIN TRUSTEE COMMITTEE CHAIRS, AND OTHER TRUSTEES ELECTED BY RESOLUTION OF THE BOARD OF TRUSTEES. BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, AND SUBJECT TO THE GENERAL POLICIES ESTABLISHED BY THE BOARD, THE EXECUTIVE COMMITTEE HAS ALL THE POWERS OF THE FULL BOARD, EXCLUDING (I) THE REMOVAL OF TRUSTEES AND OFFICERS, (II) APPOINTING OF COMMITTEE CHAIRS, AND (II) AMENDING THE BY-LAWS. FORM 990, PART VI, SECTION A, LINE 2 FAMILY/BUSINESS RELATIONSHIPS: NEIL BLUHM (TRUSTEE) AND LESLIE BLUHM (TRUSTEE) HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS: THE MUSEUM'S FORM 990 TAX FILING IS COMPILED BASED ON INFORMATION OBTAINED FROM THE MUSEUM'S GENERAL LEDGER, AUDITED FINANCIAL STATEMENTS AND OTHER FINANCIAL SYSTEMS. THE MUSEUM'S DEPUTY DIRECTOR, SENIOR FINANCE/ACCOUNTING STAFF, GENERAL COUNSEL, ASSOCIATE GENERAL COUNSEL AND EXTERNAL TAX ADVISORS PARTICIPATE IN A SERIES OF DETAILED REVIEWS OF ALL INFORMATION TO BE INCLUDED IN THE FILING. ALL INFORMATION INCLUDED IN THE RETURN IS REVIEWED BY THE GROUP FOR ACCURACY AND CONTENT. THE COMPLETED FORM 990 AND RELATED SCHEDULES ARE ALSO PROVIDED TO THE MUSEUM'S SENIOR MANAGEMENT AND REVIEWED IN DETAIL WITH THE DEPUTY DIRECTOR. FINALLY, A PUBLIC INSPECTION COPY IS PROVIDED TO EACH MEMBER OF THE BOARD OF TRUSTEES PRIOR TO FILING THE RETURN. THE MUSEUM'S EXTERNAL TAX ADVISORS FILE THE FORM 990 ELECTRONICALLY WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY MONITORING & ENFORCEMENT: THE MUSEUM'S CODE OF ETHICS CONTAINS DETAILED DISCLOSURE REQUIREMENTS WITH RESPECT TO THE CONFLICTS OF INTERESTS FOR ITS BOARD AND STAFF. ON A REGULAR BASIS, THE BOARD AND OFFICERS OF THE MUSEUM COMPLETE A CONFLICTS OF INTEREST QUESTIONNAIRE. RESPONSES ARE COMPILED, REVIEWED WITH GENERAL COUNSEL AND THE DEPUTY DIRECTOR, AND FORWARDED TO THE AUDIT COMMITTEE. IF A CONFLICT IS DISCLOSED, BOARD MEMBERS WITH POTENTIAL CONFLICTS MAY NOT PARTICIPATE IN DELIBERATIONS AND NEED TO RECUSE THEMSELVES FROM VOTING ON PARTICULAR MATTERS. IN ADDITION, OFFICERS AND KEY EMPLOYEES ARE ASKED ANNUALLY TO REVIEW AND ACKNOWLEDGE COMPLIANCE WITH THE MUSEUM'S CODE OF ETHICS. FORM 990, PART VI, SECTION B, LINE 15A PROCESS FOR DETERMINING COMPENSATION: THE MUSEUM HAS A HUMAN RESOURCES/COMPENSATION COMMITTEE OF THE BOARD. MEMBERS INCLUDE THE CHAIRMAN, PRESIDENT, CHAIR OF THE FINANCE COMMITTEE ALONG WITH THREE OTHER TRUSTEES. THE COMMITTEE MEETS PERIODICALLY TO REVIEW PERFORMANCE AND COMPENSATION FOR THE DIRECTOR. AS PART OF THE PROCESS, THE COMMITTEE REVIEWS COMPARATIVE DATA OBTAINED FROM SEVERAL INDEPENDENT SOURCES WHICH PROVIDE DATA FOR SIMILAR POSITIONS IN NEW YORK CITY AND NATIONALLY. FORM 990, PART VI, SECTION C, LINE 19 HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC: AUDITED FINANCIAL STATEMENTS AND THE FORM 990 ARE MADE AVAILABLE ON THE MUSEUM'S WEBSITE. ALL OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST AT MANAGEMENT'S DISCRETION. PART X, LINE 15: THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") IMPLEMENTED A NEW LEASE ACCOUNTING STANDARD THAT BECAME EFFECTIVE FOR WHITNEY MUSEUM OF AMERICAN ART IN THE YEAR ENDING JUNE 30, 2021. THIS ACCOUNTING STANDARD WAS EFFECTUATED TO IMPROVE THE TRANSPARENCY SURROUNDING KEY INFORMATION PERTAINING TO AN EXEMPT ORGANIZATION'S LEASING ARRANGEMENTS (AND TO ENSURE THAT ALL ORGANIZATIONS WERE RECORDING THE TRANSACTIONS UNIFORMLY ON THEIR BALANCE SHEETS). FORM 990, PART XI, LINE 9: CHANGE IN POST-RETIREMENT HEALTH AND OTHER BENEFITS OTHER THAN NET PERIODIC PENSION CHARGES AND SERVICE COST 999,000. NET PERIODIC PENSION CHARGES OTHER THAN SERVICE COST 5,000. FORM 990 - GENERAL: AMOUNTS REFLECTED IN THE 2022 FORM 990 FOR THE YEAR ENDED JUNE 30, 2023 HAVE BEEN ROUNDED TO THE NEAREST THOUSAND TO CONFORM WITH THE PRESENTATION IN THE MUSEUM'S AUDITED FINANCIAL STATEMENTS.