2024-05-14T13:53:47-05:00 2023-06-30 135565207 KPMG LLP 345 PARK AVENUE NEW YORK NY 101540102 990 2022-07-01 131887440 THE NEW YORK PUBLIC LIBRARY ASTOR LENOX AND TILDEN FOUNDATIONS NEWY 2126210241 270 MADISON AVENUE 11TH FLOOR NEW YORK NY 10016 SHANNON SHARP CFO & ASST TREASURER 2126210241 2024-05-09 1 SHANNON SHARP XXX-XX-XXXX 0 TOBY RUTH FRIEDMAN KERSLAKE P01875806 2127589700 2024-05-07 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z SHANNON SHARP 270 MADISON AVENUE 11TH FL NY NY 10016 752318965 0 X WWW.NYPL.ORG X 1895 NY TO INSPIRE LIFELONG LEARNING, ADVANCE KNOWLEDGE, & STRENGTHEN OUR COMMUNITIES. 30 29 3763 654 1143625 673822 325043387 307632756 499438 596923 92572397 78422399 6043634 7660552 424158856 394312630 2178732 2197916 0 0 206964816 234818835 218617 141367 10669704 143944139 156363586 353306304 393521704 70852552 790926 2532922656 2583808812 481862449 460648020 2051060207 2123160792 X THE MISSION OF THE NEW YORK PUBLIC LIBRARY IS TO INSPIRE LIFELONG LEARNING, ADVANCE KNOWLEDGE, AND STRENGTHEN OUR COMMUNITIES. 0 0 218204235 197916 762576 THE BRANCH LIBRARIES - THE SERVICES OF THE 88 BRANCH LIBRARIES EXTEND FAR BEYOND LENDING BOOKS AND MATERIALS. OUR BRANCHES ARE SAFE AND WELCOMING SPACES WHERE PATRONS ATTEND PROGRAMS, ACCESS COMPUTERS AND THE INTERNET, AND ENGAGE WITH THEIR COMMUNITIES. NYPL PROVIDES FREE, HIGH-QUALITY EDUCATION SUPPORT TO PATRONS OF ALL AGES THROUGH A VARIETY OF PROGRAMS, FROM AFTER SCHOOL ENRICHMENT AND TEEN SERVICES TO ENGLISH LANGUAGE CLASSES AND JOB SUPPORT. NYPL'S NEW CENTER FOR EDUCATORS & SCHOOLS HELPS EDUCATORS BRING THE LIBRARY'S COLLECTIONS AND EXPERTISE INTO THE CLASSROOM. VITAL COMMUNITY OUTREACH SERVICES ENGAGE NEW PATRONS, SUCH AS ASYLUM SEEKERS, AND CONNECT THEM TO CRITICAL LIBRARY RESOURCES. FOR MORE INFORMATION, SEE SCHEDULE O. 120454985 2000000 1712536 THE RESEARCH CENTERS - THE FOUR RESEARCH CENTERS - THE STEPHEN A. SCHWARZMAN BUILDING; THE THOMAS YOSELOFF BUSINESS CENTER; THE SCHOMBURG CENTER FOR RESEARCH IN BLACK CULTURE; AND THE LIBRARY FOR PERFORMING ARTS - CONTINUE TO EXPAND ACCESS TO OUR COLLECTIONS, WELCOME NEW AUDIENCES, AND INSPIRE THE NEXT GENERATION OF RESEARCHERS. DURING FISCAL YEAR 2023, THE RESEARCH CENTERS WELCOMED APPROXIMATELY 3.5 MILLION ON-SITE PATRONS AND SPONSORED MORE THAN 3,000 PROGRAMS WITH ALMOST 127,000 ATTENDEES. LIBRARY STAFF RESPONDED TO 180,000 REFERENCE INQUIRIES. THE LIBRARY'S COLLECTION HOLDS 47.4 MILLION ITEMS, PRIMARILY BOOK AND BOOK-LIKE MATERIALS BUT ALSO PERSONAL PAPERS, ARCHIVES, PHOTOGRAPHS, AUDIO RECORDINGS, FILMS, MAPS, SHEET MUSIC, PRINTS AND CLIPPINGS. FOR MORE INFORMATION, SEE SCHEDULE O. 338659220 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 1 0 0 0 1 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 516 0 1 3763 1 1 1 0 0 0 0 1 1 0 0 0 0 1 0 X 30 29 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK CA CT HI IL KS LA MA ME MI MN NC ND NH NJ NM NV OH OK OR PA SC UT VA WA WI WV X X SHANNON SHARP - CFO & ASST TREASURER 2126210241 270 MADISON AVENUE 11TH FLOOR NEW YORK NY 10016 ANTHONY W MARX TTEE, PRES AND CHIEF EXEC OFCR 40.00 0.00 X X 1021350 0 104186 KWAME ANTHONY APPIAH TRUSTEE 1.00 0.00 X 0 0 0 PETER BALDWIN TRUSTEE 2.00 0.00 X 0 0 0 JOHN H BANKS III TRUSTEE 2.00 0.00 X 0 0 0 MAHNAZ ISPAHANI BARTOS TRUSTEE 5.00 0.00 X 0 0 0 LISA J BLAU TRUSTEE 1.00 0.00 X 0 0 0 EVAN ROBERT CHESLER TRUSTEE 1.00 0.00 X 0 0 0 HRH PRINCESS FIRYAL TRUSTEE (END 11/9/22) 5.00 0.00 X 0 0 0 HENRY LOUIS GATES JR TRUSTEE (END 11/9/22) 1.00 0.00 X 0 0 0 THEODORE GOLF EX OFFICIO TTEE, REP OF SPKR 1.00 0.00 X 0 0 0 WILLIAM GRAY TRUSTEE 1.00 0.00 X 0 0 0 ETHAN HAWKE TRUSTEE (END 11/9/22) 1.00 0.00 X 0 0 0 HUBERT JOLY TRUSTEE 1.00 0.00 X 0 0 0 MICHAEL BYUNGJU KIM TRUSTEE 2.00 0.00 X 0 0 0 BETH KOJIMA TRUSTEE 5.00 0.00 X 0 0 0 JANE LAUDER TRUSTEE 1.00 0.00 X 0 0 0 ANNETTE GORDON-REED TRUSTEE 1.00 0.00 X 0 0 0 SCOTT D MALKIN TRUSTEE (END 11/9/22) 1.00 0.00 X 0 0 0 CATHERINE C MARRON TRUSTEE (END 11/9/22) 1.00 0.00 X 0 0 0 RAYMOND J MCGUIRE VICE CHAIRMAN & TRUSTEE 2.00 0.00 X 0 0 0 ABBY S MILSTEIN CHAIRMAN & TRUSTEE 10.00 0.00 X 0 0 0 HOWARD L MORGAN FOUNDATION TRUSTEE 2.00 0.00 X 0 0 0 SUSAN MORGENTHAU TRUSTEE 3.00 0.00 X 0 0 0 LISETTE NIEVES EX OFFICIO TTEE, REP OF COMPT 1.00 0.00 X 0 0 0 RICHARD L PLEPLER TRUSTEE (END 11/9/22) 1.00 0.00 X 0 0 0 KATHARINE J RAYNER FOUNDATION TRUSTEE 1.00 0.00 X 0 0 0 DAVID REMNICK TRUSTEE (END 11/9/22) 1.00 0.00 X 0 0 0 CARLOS RODRIGUEZ-PASTOR TRUSTEE 1.00 0.00 X 0 0 0 PAUL M ROMER TRUSTEE 1.00 0.00 X 0 0 0 ANDRES SANTO DOMINGO TRUSTEE 1.00 0.00 X 0 0 0 STEPHEN A SCHWARZMAN TRUSTEE (END 11/9/22) 1.00 0.00 X 0 0 0 DINAKAR SINGH TRUSTEE 5.00 0.00 X 0 0 0 TRACY K SMITH TRUSTEE (END 11/9/22) 1.00 0.00 X 0 0 0 ZADIE SMITH TRUSTEE (END 11/9/22) 4.00 0.00 X 0 0 0 ANDREW SOLOMON TRUSTEE 3.00 0.00 X 0 0 0 GAYFRYD STEINBERG TRUSTEE (END 11/9/22) 1.00 0.00 X 0 0 0 JOSHUA L STEINER TRUSTEE (END 11/9/22) 1.00 0.00 X 0 0 0 GEORGE STEPHANOPOULOS TRUSTEE (END 11/9/22) 1.00 0.00 X 0 0 0 JAMES S TISCH TRUSTEE 1.00 0.00 X 0 0 0 MARIA TORRES-SPRINGER EX OFFICIO TTEE, REP OF MAYOR 1.00 0.00 X 0 0 0 LUIS A UBINAS TRUSTEE 4.00 0.00 X 0 0 0 TALI FARHADIAN WEINSTEIN TRUSTEE 2.00 0.00 X 0 0 0 ANTHONY A YOSELOFF TRUSTEE 2.00 0.00 X 0 0 0 RICHARD COHEN END 11922 TRUSTEE 1.00 0.00 X 0 0 0 ARTHUR KOENIG END 11922 FOUNDATION TRUSTEE 2.00 0.00 X 0 0 0 ROBERT LIBERMAN END 11922 FOUNDATION TRUSTEE 2.00 0.00 X 0 0 0 HAROLD W MCGRAW III TRUSTEE (END 11/9/22) 1.00 0.00 X 0 0 0 TONY AGEH CHIEF DIGITAL OFFICER (END 5/1/23) 35.00 0.00 X 444336 0 67584 BRIAN BANNON MERRYL AND JAMES TISCH DIR 35.00 0.00 X 433675 0 41736 GEETANJALI GUPTA CHIEF INVESTMENT OFFICER 35.00 0.00 X 1185501 0 66643 RISA HONIG END 11822 VP, CAPITAL PLANNING & CONSTR 35.00 0.00 X 286679 0 203853 CARYL MATUTE VP, BRANCH LIBRARIES & PATRON SVCS 35.00 0.00 X 256054 0 252313 MICHELE COLEMAN MAYES VP, GENERAL COUNSEL AND SEC 35.00 0.00 X 465335 0 51458 GEORGE MIHALTSES VP, GOV'T & COMMUNITY AFFRS 35.00 0.00 X 229255 0 147659 TERRANCE NEAL VP, HUMAN RESOURCES 35.00 0.00 X 344753 0 395007 FAY ROSENFELD VP, PUBLIC PROGRAMS 35.00 0.00 X 241045 0 22795 SHANNON SHARP CFO & ASST TREASURER 35.00 0.00 X 360688 0 64047 JADRIEN F STEELE VP, DEVELOPMENT 35.00 0.00 X 342222 0 155230 IRIS WEINSHALL COO AND TREASURER 35.00 0.00 X 499779 0 38755 GARFIELD SWABY VP, INFORMATION TECHNOLOGY 35.00 0.00 X 259921 0 130306 SAM RUBIN CHIEF OF STAFF 35.00 0.00 X 260384 0 60898 GESILLE DIXON VP, BRANCH PROGRAMS AND SERVICES 35.00 0.00 X 211579 0 221696 ANGELA MONTEFINESE END 7122 VP, COMMUNICATIONS & MKTING 35.00 0.00 X 150031 0 -221043 BRENT REIDY ANDREW W. MELLON, DIRECTOR 35.00 0.00 X 252833 0 25655 DAVID LEM VP, CAPITAL PLANNING & CONSTR 35.00 0.00 X 183640 0 54035 STEPHEN BETTS INTERIM, CHIEF DIGITAL OFFICER 35.00 0.00 X 173416 0 43732 JENNIFER FERMINOSTART 12522 VP, COMMUNICATIONS & MKTING 35.00 0.00 X 23310 0 596 GARRETT CHARLES BERGEN SNR. DIRECTOR, FACILITIES MGMT 35.00 0.00 X 196158 0 54999 PETER RUMMEL DIRECTOR, INVESTMENTS 35.00 0.00 X 461467 0 20789 DORIS ZHAO DIRECTOR, INVESTMENTS 35.00 0.00 X 367040 0 30773 JENNIFER SCHANTZ END 7122 FLEISCHMAN EXEC. DIRECTOR, LPA 35.00 0.00 X 331163 0 -16551 MARJOEL MONTALBO SNR DIRECTOR, BUDGET 35.00 0.00 X 242670 0 208581 JOY BIVINS DIRECTOR, THE SCHOMBURG CENTER 35.00 0.00 X 272576 0 35977 WILLIAM KELLY END 41522 ANDREW W. MELLON DIRECTOR 0.00 0.00 X 151589 0 19824 CARRIE WELCH END 53121 CHIEF EXTERNAL RELATIONS OFFCR 0.00 0.00 X 207623 0 0 GENNARO J OLIVA END 42222 SENIOR DIRECTOR, FACILITIES MGMT 0.00 0.00 X 111681 0 195707 9967753 0 2477240 238 1 1 0 TURNER CONSTRUCTION COMPANY 375 HUDSON STREET NEW YORK NY 10014 CONSTRUCTION 42168238 SECURITAS SECURITY SERVICES USA INC 1412 BROADWAY 17TH FL NEW YORK NY 10018 SECURITY 7912550 THE RES COLLECTIONS & PRESERV CONSORTI 701 CARNEGIE CENTER PRINCETON NJ 08540 PRESERVATION & CONSTRUCTION 5098328 MAMAIS CONTRACTING CORP 256 WEST 124TH STREET NEW YORK NY 10027 CONSTRUCTION 3211430 BIG SHINE WORLDWIDE INC 300 CORPORATE BOULEVARD NEWBURGH NY 12550 MAINTENANCE 2679187 88 4195488 241730634 61706634 4181648 307632756 PHOTOCOPY, MICROFILM 519200 395778 395778 FEES 900099 158143 158143 TICKET SALES 900099 36727 36727 INFORMATION SERVICES 519200 6275 6275 596923 10975365 -98635 11074000 103261 103261 338985088 81477337 317930015 35085376 21055073 46391961 67447034 414320 67032714 104900 4195488 251109 -146209 -146209 6348900 4739835 1609065 1039757 569308 FEE - USE OF SPACE 532000 3751126 258632 3492494 UNIVERSAL SVCS REIMBUR 900099 1504877 1504877 PUBLICATIONS 519200 252263 252263 586169 586169 6094435 394312630 2475112 1143625 83061137 X 104988 104988 2092928 2092928 9982141 4372790 4894209 715142 162273395 145901240 12646873 3725282 13626986 12154777 1159318 312891 36388749 31561727 3792521 1034501 12547564 10969710 1256254 321600 579537 579537 516008 516008 69242 69242 141367 141367 5853162 5853162 11936798 10014127 1178964 743707 3419879 748633 387911 2283335 6994513 6740749 183169 70595 9020650 6649594 2199553 171503 32371586 29146878 2505603 719105 546785 498247 30123 18415 560228 523681 27645 8902 9093503 7734036 1088305 271162 28446280 28016138 347020 83122 3753122 3500016 241039 12067 BOOKS AND BINDING 30891843 30891843 BUILDING REPAIRS& RENOV 4261384 4169124 92260 AUTO RELATED EXPENDITUR 390533 390533 MEMBERSHIP DUES 321848 302258 18990 600 7336685 2175203 5125074 36408 393521704 338659220 44192780 10669704 X 292760 314568 205915807 168980355 90489407 69778290 659077 913295 0 0 0 0 0 0 395022 797068 9894929 9700233 1181723752 500735492 650820212 680988260 252411060 225780636 1201235434 1314438751 0 0 0 0 120808948 112117356 2532922656 2583808812 80835968 64663238 0 0 8049429 9348812 0 0 0 0 0 0 0 0 0 0 392977052 386635970 481862449 460648020 X 1012071987 1053435211 1038988220 1069725581 2051060207 2123160792 2532922656 2583808812 X 790926 73566631 -2256972 X 0 1 X 1 1 1 X 53161537 59697922 135396089 66409878 65902122 380567548 281370731 279668953 239752417 258633509 241730634 1301156244 7116826 6884715 6359534 7589049 8806806 36756930 341649094 346251590 381508040 332632436 316439562 1718480722 1718480722 9559353 6946560 1773621 2677268 11078626 32035428 934824 335653 460726 673822 2405025 5783508 3345670 1948155 4169870 4997334 20244537 1773165712 28523954 0.96920 0.95780 X OTHER INCOME SCHEDULE A, PART II, SECTION B, LINE 10 REPORTED IN THIS SECTION IS OTHER INCOME RELATING TO REVENUE GENERATED BY ACTIVITIES SUCH AS EXCLUDED FEES FOR FACILITY USAGE AND REIMBURSEMENT UNDER THE UNIVERSAL SERVICES PROGRAM TO PROVIDE DISCOUNTS ON TELECOMMUNICATION EXPENSES TO ALLOW LIBRARIES AND EDUCATIONAL INSTITUTIONS TO PURCHASE ADVANCED TECHNOLOGIES. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 1 17765 0 0 1 55165 0 0 72930 0 PART II-B, LINE 1: VOLUNTEERS: THE LIBRARY WORKS DIRECTLY WITH VOLUNTEERS WHO ENCOURAGE THEIR ELECTED OFFICIALS TO SUPPORT THE LIBRARY'S BUDGET AND LEGISLATIVE GOALS. PAID STAFF OR MANAGEMENT: THE LIBRARY UTILIZES, ON A LIMITED BASIS, THREE OFFICERS TO LOBBY ELECTED OFFICIALS AT THE STATE AND CITY LEVELS ON LIBRARY-RELATED FUNDING AND LEGISLATIVE AND ADMINISTRATIVE ACTIONS. IN ADDITION, THE LIBRARY'S ASSOCIATE GENERAL COUNSEL AND DIRECTOR, INFORMATION POLICY, LOBBIED AT THE FEDERAL LEVEL IN REGARD TO PROPOSED LEGISLATION AND REGULATIONS IN FISCAL YEAR 2023. MAILING TO MEMBERS, LEGISLATORS OR THE PUBLIC: THE LIBRARY PREPARES MAILINGS TO ELECTED OFFICIALS AT ALL THREE LEVELS OF GOVERNMENT REGARDING FUNDING AND LEGISLATIVE ISSUES. DIRECT CONTACT WITH LEGISLATORS, THEIR STAFF, GOVERNMENT OFFICIALS, OR A LEGISLATIVE BODY: THE LIBRARY'S IN-HOUSE GOVERNMENT AND COMMUNITY AFFAIRS STAFF, WITH THE ASSISTANCE OF LOBBYISTS, MEET ELECTED AND APPOINTED GOVERNMENT OFFICIALS AND THEIR STAFF REGARDING LIBRARY-RELATED FUNDING AND LEGISLATIVE AND ADMINISTRATIVE ACTIONS. IN ADDITION, THE LIBRARY'S ASSOCIATE GENERAL COUNSEL AND DIRECTOR, INFORMATION POLICY, HAD DIRECT CONTACT WITH GOVERNMENT OFFICIALS AND THEIR STAFF IN FISCAL YEAR 2023. X X X X 0 1449027778 13830083 140050236 1272500 66510585 1535125012 1592827671 71914492 -155577036 1188300 58949049 1449027778 1265407801 18010391 365541906 1152100 54980327 1592827671 1281259712 4894147 32626794 1132999 52239853 1265407801 1275158127 21943343 36998085 1111999 51727844 1281259712 0.59180 0.40820 0 0 4192892 4192892 935988782 410227219 525761563 56314183 26455745 29858438 85678888 60966144 24712744 99549007 3086384 96462623 680988260 ABSOLUTE RETURN 444784264 F PUBLIC EQUITY FUNDS 665750669 F PRIVATE EQUITY 182473003 F REAL ASSETS 21430815 F 1314438751 TAXABLE BONDS PAYABLE 183954363 ACCRUED POSTRETIREMENT BENEFIT 64194713 OPERATING LEASE LIABILITIES 111397695 FINANCE LEASE LIABILITY 27089199 386635970 X 472410761 73566631 10858497 -2256972 82168156 390242605 5853162 -1783137 4070025 394312630 400310176 10858497 1783137 12641634 387668542 5853162 5853162 393521704 PART III, LINE 1A: COLLECTIONS OF ART, HISTORICAL TREASURES, OR OTHER SIMILAR ASSETS SCHEDULE D, PART III, LINES 1A AND 4 THE LIBRARY HAS EXTENSIVE RESEARCH COLLECTIONS OF LIBRARY MATERIALS, INCLUDING BOOKS, PERIODICALS AND OTHER ITEMS. THESE COLLECTIONS ARE MAINTAINED BY THE RESEARCH LIBRARIES UNDER CURATORIAL CARE AND ARE HELD FOR RESEARCH, EDUCATION AND PUBLIC EXHIBITION IN FURTHERANCE OF PUBLIC SERVICE. PROCEEDS FROM THE SALES OF COLLECTIONS, IF APPLICABLE, ARE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. THE COST OF COLLECTIONS PURCHASED BY THE LIBRARY FOR THE RESEARCH LIBRARIES IS CHARGED TO EXPENSE WHEN INCURRED AND DONATED COLLECTION ITEMS ARE NOT RECORDED. THE VALUE OF THE LIBRARY'S RESEARCH COLLECTIONS CANNOT BE DETERMINED. THE COST OF BOOKS AND OTHER LIBRARY MATERIALS PURCHASED BY THE BRANCH LIBRARIES IS NOT RECORDED AS COLLECTIONS, BUT IS CHARGED AS A LIBRARY SERVICES EXPENSE IN THE YEAR PURCHASED BECAUSE, LARGELY BY REASON OF THEIR FREQUENT USE, SUCH ITEMS ARE EXHAUSTIBLE OVER A SHORT PERIOD OF TIME. PART V, LINE 4: THE LIBRARY'S ENDOWMENT CONSISTS OF 444 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES, INCLUDING BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENT. NET ASSETS ASSOCIATED WITH THE ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THE ENDOWMENT FUNDS SUPPORT THE FOLLOWING PROGRAM ACTIVITIES: -RESEARCH CENTERS -BRANCH LIBRARIES -CONSERVATION AND CATALOGING -EXHIBITIONS AND PUBLIC EDUCATION PROGRAMS -OTHER - PRINCIPALLY, FOR THE GENERAL OPERATIONS OF THE RESEARCH CENTERS AND LIBRARY-WIDE PROGRAMS PART X, LINE 2: THE LIBRARY RECOGNIZES THE EFFECTS OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. AS OF JUNE 30, 2023, AND 2022, THE LIBRARY DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS OR ANY UNRELATED BUSINESS INCOME TAX LIABILITIES WHICH WOULD HAVE A MATERIAL IMPACT UPON ITS FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: POSTRETIREMENT BENEFITS CHANGES OTHER THAN NET PERIODIC BENEFIT COSTS -2,256,972. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD CLASSIFICATION -1,783,137. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD CLASSIFICATION 1,783,137. PER THE ORGANIZATION'S ACCOUNTING PRACTICES, EXPENSES RELATED TO SPECIAL EVENTS (DIRECT BENEFIT TO DONORS) ARE NETTED WITH REVENUE FROM SPECIAL EVENTS FOR FINANCIAL STATEMENT PRESENTATION. THESE AMOUNTS ARE INCLUDED ON SCHEDULE D, PART XI, LINE 1. CERTAIN COST OF GOODS SOLD RELATED TO THE SALE OF INVENTORY ARE SHOWN AS EXPENSES FOR THE AUDITED FINANCIAL STATEMENTS; HOWEVER, ARE NETTED WITH THE SALE OF INVENTORY ON FORM 990, PART VIII, LINE 10A. ACCORDINGLY, THESE AMOUNTS ARE NOT INCLUDED ON SCHEDULE D, PART XI, LINE 1; BUT ARE INCLUDED ON SCHEDULE D, PART XII, LINE 1. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 423242279 0 0 0 0 0 0 423242279 0 423242279 1 0 1 1 1 0 PART III ACCOUNTING METHOD: METHOD OF ACCOUNTING SCHEDULE F, PART I, LINE 3, COLUMN (F) EXPENSES ARE REPORTED USING THE ACCRUAL METHOD OF ACCOUNTING, CONSISTENT WITH THE LIBRARY'S AUDITED FINANCIAL STATEMENTS. X X X X X X X 1 MAL WARWICK & ASSOCIATES 2250 NINTH STREET 103 BERKELEY CA 94710 SEE PART IV 0 1950585 90750 1859835 CHARITY DYNAMICS 4031 GUADALUPE STREET AUSTIN TX 78751 SEE PART IV 0 0 50617 -50617 1950585 141367 1809218 AK CA CT HI IL KS KY LA MA ME MI MN NC ND NH NJ NM NV OH OK OR PA SC UT VA WA WI WV LIBRARY LIONS 3429166 3360626 68540 181294 31750 SPRING LUNCH 871222 834862 36360 38065 0 4300388 4195488 104900 219359 31750 251109 -146209 FUNDRAISING EVENTS FORM 990, PART IX, COLUMN (D) AND SCHEDULE G, PART I THE LIBRARY IS CONTINUALLY WORKING TO ASSESS CURRENT AND LONG-TERM FUNDRAISING GOALS, AND STRIVES DILIGENTLY TO ALLOCATE RESOURCES TO MEET THOSE GOALS. DUE TO THE NATURE OF PLANNED GIVING AND OTHER LONG-TERM FUNDRAISING ACTIVITIES, CONTRIBUTION REVENUE AND SPENDING ARE OFTEN REPORTED IN SEPARATE TIME PERIODS. THE LIBRARY'S FUNDRAISING AND MEMBERSHIP DEVELOPMENT ACTIVITIES INCLUDE WORKING WITH PROGRAM STAFF TO DEVELOP STATEMENTS OF NEED FOR PRIVATE FUNDRAISING, INCLUDING ENDOWMENT AND CAPITAL CONTRIBUTIONS; SOLICITING CONTRIBUTIONS FOR THOSE NEEDS AND FOR THE ANNUAL FUND FROM INDIVIDUALS, CORPORATIONS AND FOUNDATIONS; CONDUCTING OUTREACH EFFORTS TO SECURE MEMBERSHIP CONTRIBUTIONS AND CREATE AWARENESS OF THE LIBRARY AND ITS PROGRAMS; AND CONDUCTING SPECIAL FUNDRAISING EVENTS. THE LIBRARY RECOGNIZES PATRON SUPPORT IN VARIOUS MEMBERSHIP CATEGORIES. ACTIVITIES CONDUCTED BY PROFESSIONAL FUNDRAISERS SCHEDULE G, PART I, LINE 2B(I), (II) & (III) *MAL WARWICK AND ASSOCIATES, INC. IS A FULL-SERVICE MARKETING AGENCY THAT WORKS ON THE LIBRARY'S DIRECT MAIL FUNDRAISING PROGRAMS. IT COLLABORATES ON ANNUAL PLANNING AND BUDGETING, DEVELOPS CREATIVE CAMPAIGNS AND MANAGES ALL PRODUCTION AND MAILING SERVICE LISTS FOR THE PROGRAMS. IN ADDITION, IT MONITORS DIRECT MAIL PROGRAM RETURNS AND PROVIDES ANALYSIS TO SUPPORT STRATEGIC DECISIONS. IN FISCAL YEAR 2023, THE LIBRARY PAID MAL WARWICK AND ASSOCIATES, INC. $90,750 IN FUNDRAISING EXPENSES. *CHARITY DYNAMICS IS AN ONLINE MARKETING AGENCY THAT WORKS ON THE LIBRARY'S DIGITAL FUNDRAISING CAMPAIGNS. IT COLLABORATES ON ANNUAL PLANNING AND PROVIDES TECHNICAL ASSISTANCE. IN ADDITION, IT MONITORS RESULTS AND PROVIDES ANALYSIS TO SUPPORT STRATEGIC DECISIONS. DUE TO THE INTEGRATION OF THESE ACTIVITIES IN THE LIBRARY'S OVERALL FUNDRAISING ACTIVITIES, THE LIBRARY IS UNABLE TO IDENTIFY RECEIPTS RELATED TO ACTIVITIES THAT ARE ATTRIBUTABLE TO CHARITY DYNAMICS. IN FISCAL YEAR 2023, THE LIBRARY PAID CHARITY DYNAMICS $50,617 IN FUNDRAISING EXPENSES. 1 PIONEER WORKS ART FOUNDATION 159 PIONEER STREET BROOKLYN NY 11231 461097738 501 (C) (3) 50000 0 SEE PART IV BROOKLYN PUBLIC LIBRARY 10 GRAND ARMY PLAZA BROOKLYN NY 11238 111904261 501 (C) (3) 35565 0 SEE PART IV TEACHERS COLLEGE COLUMBIA UNIVERSITY 1234 AMSTERDAM AVENUE NEW YORK NY 10027 131624202 501 (C) (3) 19423 0 SEE PART IV 3 0 DOROTHY AND LEWIS B. CULLMAN CENTER FOR SCHOLARS 15 1125000 SCHOMBURG SCHOLARS-IN-RESIDENCE PROGRAM 11 293000 OTHER FELLOWSHIPS, GRANTS & AWARDS 94 236928 SHORT TERM FELLOWSHIP PROGRAM 59 376200 SCHOMBURG MELLON HUMANITIES INSTITUTE FELLOW 18 27300 LAPIDUS CENTER FELLOWSHIP 4 34500 MONITORING THE USE OF GRANTS SCHEDULE I, PART I, LINE 2 THE LIBRARY AWARDS VARIOUS FELLOWSHIPS TO ACADEMICS, INDEPENDENT SCHOLARS, CREATIVE WRITERS, AND VISUAL ARTISTS. THESE FELLOWSHIP PROGRAMS CONNECT FELLOWS WITH THE RESOURCES OF THE LIBRARY; PROMOTE INTERPRETIVE AND CREATIVE SCHOLARSHIP AND WRITING; AND INVITE FELLOWS TO PRESENT THEIR WORK TO THE GENERAL PUBLIC IN PAPERS, SYMPOSIA, CONVERSATIONS, AND LECTURES. APPLICATIONS FOR THE FELLOWSHIP PROGRAMS ARE REVIEWED BY EXPERTS IN EACH FIELD AND/OR A SELECTION COMMITTEE. CRITERIA USED TO SELECT THE RECIPIENTS OF FELLOWSHIPS MAY INCLUDE: (1) THE NEED OF THE PROPOSED PROJECT FOR THE RESEARCH HOLDINGS OF THE LIBRARY, (2) THE QUALITY AND FEASIBILITY OF THE PROJECT PLAN, (3) LETTERS OF RECOMMENDATION FROM OTHER SCHOLARS OR WRITERS IN SUPPORT OF THE PROJECT, (4) THE LIKELIHOOD THAT THE PROJECT WILL BE COMPLETED SUCCESSFULLY, AND (5) EXCELLENCE, AS SHOWN EITHER IN A RECORD OF SIGNIFICANT ACCOMPLISHMENT BY AN APPLICANT ESTABLISHED IN THEIR FIELD, OR A HIGHLY PROMISING PROPOSAL BY A RELATIVE NEWCOMER TO A FIELD OF SCHOLARSHIP. IN ADDITION, THE LIBRARY AWARDS PRIZES TO AUTHORS FOR PREVIOUSLY PUBLISHED WORKS (BOTH FICTION AND NONFICTION), ENTREPRENEURS AS PART OF A BUSINESS PLAN COMPETITION, AND INDIVIDUALS WHO CONTRIBUTE TO THE QUALITY OF LIFE IN NEW YORK CITY. SUBMISSIONS FOR THESE PRIZES ARE ALSO REVIEWED BY A PANEL OF EXPERTS AND/OR A SELECTION COMMITTEE. SCHEDULE I, PART 1, LINE 2 GRANTS TO ORGANIZATIONS THE LIBRARY PROVIDED GRANTS TO THREE 501(C)(3) ORGANIZATIONS FOR PURPOSES OF: (1) SUPPORTING PATRON ARTISTS IN CREATING AND RECORDING WORKS OF ART AND POSTING THEM ONLINE; (2) SUPPORTING THE CITY'S THREE LIBRARY SYSTEM CULTURE PASS PROGRAM; AND (3) THE NATIONAL ENDOWMENT FOR THE HUMANITIES (NEH) SUMMER INSTITUTE FOR TEACHERS PROGRAM. X X X 1 1 X X X X X 1 0 0 0 0 0 0 1 1 1 GEETANJALI GUPTA CHIEF INVESTMENT OFFICER 658865 0 526200 0 436 0 24400 0 42243 0 1252144 0 0 0 ANTHONY W MARX TTEE, PRES AND CHIEF EXEC OFCR 852381 0 0 0 168969 0 75083 0 29103 0 1125536 0 0 0 TERRANCE NEAL VP, HUMAN RESOURCES 344378 0 0 0 375 0 371699 0 23308 0 739760 0 0 0 IRIS WEINSHALL COO AND TREASURER 496743 0 0 0 3036 0 24400 0 14355 0 538534 0 0 0 MICHELE COLEMAN MAYES VP, GENERAL COUNSEL AND SEC 461830 0 0 0 3505 0 32666 0 18792 0 516793 0 0 0 TONY AGEH CHIEF DIGITAL OFFICER (END 5/1/23) 442269 0 0 0 2067 0 24400 0 43184 0 511920 0 0 0 CARYL MATUTE VP, BRANCH LIBRARIES & PATRON SVCS 234893 0 0 0 21161 0 209357 0 42956 0 508367 0 0 0 JADRIEN F STEELE VP, DEVELOPMENT 341843 0 0 0 379 0 112868 0 42362 0 497452 0 0 0 RISA HONIG END 11822 VP, CAPITAL PLANNING & CONSTR 242164 0 0 0 44515 0 182742 0 21111 0 490532 0 0 0 PETER RUMMEL DIRECTOR, INVESTMENTS 252813 0 207581 0 1073 0 20225 0 564 0 482256 0 0 0 BRIAN BANNON MERRYL AND JAMES TISCH DIR 412718 0 0 0 20957 0 24400 0 17336 0 475411 0 0 0 MARJOEL MONTALBO SNR DIRECTOR, BUDGET 232801 0 0 0 9869 0 182369 0 26212 0 451251 0 0 0 GESILLE DIXON VP, BRANCH PROGRAMS AND SERVICES 211334 0 0 0 245 0 195234 0 26462 0 433275 0 0 0 SHANNON SHARP CFO & ASST TREASURER 360085 0 0 0 603 0 24400 0 39647 0 424735 0 0 0 DORIS ZHAO DIRECTOR, INVESTMENTS 203480 0 163508 0 52 0 16600 0 14173 0 397813 0 0 0 GARFIELD SWABY VP, INFORMATION TECHNOLOGY 251211 0 0 0 8710 0 116078 0 14228 0 390227 0 0 0 GEORGE MIHALTSES VP, GOV'T & COMMUNITY AFFRS 228473 0 0 0 782 0 118328 0 29331 0 376914 0 0 0 SAM RUBIN CHIEF OF STAFF 257550 0 0 0 2834 0 45412 0 15486 0 321282 0 0 0 JENNIFER SCHANTZ END 7122 FLEISCHMAN EXEC. DIRECTOR, LPA 146794 0 0 0 184369 0 -40620 0 24069 0 314612 0 0 0 JOY BIVINS DIRECTOR, THE SCHOMBURG CENTER 272416 0 0 0 160 0 22082 0 13895 0 308553 0 0 0 GENNARO J OLIVA END 42222 SENIOR DIRECTOR, FACILITIES MGMT 75497 0 0 0 36184 0 185899 0 9808 0 307388 0 0 0 BRENT REIDY ANDREW W. MELLON, DIRECTOR 235574 0 0 0 17259 0 20317 0 5338 0 278488 0 0 0 FAY ROSENFELD VP, PUBLIC PROGRAMS 219741 0 0 0 21304 0 19440 0 3355 0 263840 0 0 0 GARRETT CHARLES BERGEN SNR. DIRECTOR, FACILITIES MGMT 195462 0 0 0 696 0 16364 0 38635 0 251157 0 0 0 DAVID LEM VP, CAPITAL PLANNING & CONSTR 183519 0 0 0 121 0 15409 0 38626 0 237675 0 0 0 STEPHEN BETTS INTERIM, CHIEF DIGITAL OFFICER 173343 0 0 0 73 0 14510 0 29222 0 217148 0 0 0 CARRIE WELCH END 53121 CHIEF EXTERNAL RELATIONS OFFCR 0 0 0 0 207623 0 0 0 0 0 207623 0 0 0 WILLIAM KELLY END 41522 ANDREW W. MELLON DIRECTOR 115276 0 0 0 36313 0 10039 0 9785 0 171413 0 0 0 ANGELA MONTEFINESE END 7122 VP, COMMUNICATIONS & MKTING 123539 0 0 0 26492 0 -242035 0 20992 0 -71012 0 0 0 PART I, LINE 1A REIMBURSEMENT OF CERTAIN EXPENSES THE LIBRARY REIMBURSES THE PRESIDENT FOR CLUB MEMBERSHIP DUES AND PROVIDES A HOUSING ALLOWANCE AS PER HIS EMPLOYMENT CONTRACT. SUCH AMOUNTS ARE INCLUDED IN OTHER REPORTABLE COMPENSATION ON SCHEDULE J, PART II, COLUMN (B) (III). TAX INDEMNIFICATION AND GROSS-UP PAYMENTS SCHEDULE J, PART I, LINE 1A GROUP LIFE INSURANCE PREMIUMS ON THE FIRST $50,000 COVERAGE FOR ALL OFFICERS OF THE LIBRARY ARE GROSSED UP AND INCLUDED IN OTHER REPORTABLE COMPENSATION ON SCHEDULE J, PART II, COLUMN (B)(III). SEVERANCE COMPENSATION SCHEDULE J, PART I, LINE 4A CARRIE WELCH, FORMER CHIEF EXTERNAL RELATIONS OFFICER, AND JENNIFER SCHANTZ, EXECUTIVE DIRECTOR, LIBRARY FOR PERFORMING ARTS, RECEIVED SEVERANCE COMPENSATION OF $207,623 AND $154,500, RESPECTIVELY, IN CALENDAR YEAR 2022. THESE AMOUNTS ARE REPORTED ON SCHEDULE J, PART II, COLUMN (B)(III). AMOUNTS PAID PURSUANT TO INCENTIVE COMPENSATION PLAN SCHEDULE J, PART I, LINE 7, 8, & 9 GEETANJALI GUPTA, PETER RUMMEL, AND DORIS ZHAO RECEIVED BONUSES OF $526,200, $207,581 AND $163,508, RESPECTIVELY, PURSUANT TO THEIR INCENTIVE COMPENSATION PLAN. A PORTION OF THESE AMOUNTS MAY REPRESENT DISCRETIONARY NON-FIXED PAYMENTS. THE PLAN WAS CREATED BY PWC, THE LIBRARY'S EXTERNAL COMPENSATION CONSULTANTS, AND THEN REVIEWED AND APPROVED BY THE CHIEF OPERATING OFFICER, THE INVESTMENT COMMITTEE, AND THE COMPENSATION AND TALENT COMMITTEE BEFORE BEING IMPLEMENTED. OTHER REPORTABLE COMPENSATION SCHEDULE J, PART II, COLUMN B(III) OTHER REPORTABLE COMPENSATION IN COLUMN B(III) FOR CERTAIN LISTED EMPLOYEES INCLUDES AMOUNTS DEFERRED UNDER A SECTION 457(B) PLAN AND CERTAIN IMPUTED INCOME AMOUNTS. RETIREMENT AND OTHER DEFERRED COMPENSATION SCHEDULE J, PART II, COLUMN C RETIREMENT AND OTHER DEFERRED COMPENSATION REFLECTS EITHER 1) THE CHANGE IN ACTUARIAL VALUE OF THE DEFINED BENEFIT PENSION PLAN, THE NEW YORK STATE AND LOCAL EMPLOYEES' RETIREMENT SYSTEM (NYSLERS), OR 2) THE LIBRARY'S ACTUAL CONTRIBUTION TO THE NEW YORK STATE VOLUNTARY DEFINED CONTRIBUTION PLAN (VDC). X 65 N/A X 54 4181648 MARKET PRICE 65 0 1 0 PART I, LINE 33: DONATED COLLECTION ITEMS ARE NOT RECORDED. REFER TO SCHEDULE D, PART III, LINE 1A. NUMBER OF CONTRIBUTIONS SCHEDULE M, PART I, COLUMN (B) THE AMOUNT IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS. VOLUNTEERS FORM 990, PART I, LINE 6 VOLUNTEERS ENHANCE LIBRARY SERVICES TO THE COMMUNITY BY FREELY GIVING OF THEIR TIME AND PERFORMING TASKS TYPICALLY ASSOCIATED WITH VOLUNTEER WORK RATHER THAN PAID EMPLOYMENT. THE LIBRARY ENCOURAGES THE INVOLVEMENT OF VOLUNTEERS AND CREATES MEANINGFUL ROLES WITHIN APPROPRIATE PROGRAMS AND ACTIVITIES IN WHICH VOLUNTEERS FROM THE COMMUNITY CAN SERVE. PROGRAM SERVICES FORM 990, PART III, LINE 4A - THE BRANCH LIBRARIES THE BRANCH LIBRARIES - THE SERVICES OF THE 88 BRANCH LIBRARIES EXTEND FAR BEYOND LENDING BOOKS AND MATERIALS. OUR BRANCHES ARE SAFE AND WELCOMING SPACES WHERE PATRONS ATTEND PROGRAMS, ACCESS COMPUTERS AND THE INTERNET, AND ENGAGE WITH THEIR COMMUNITIES. NYPL PROVIDES FREE, HIGH-QUALITY EDUCATION SUPPORT TO PATRONS OF ALL AGES THROUGH A VARIETY OF PROGRAMS, FROM AFTER SCHOOL ENRICHMENT AND TEEN SERVICES TO ENGLISH LANGUAGE CLASSES AND JOB SUPPORT. NYPL'S NEW CENTER FOR EDUCATORS & SCHOOLS HELPS EDUCATORS BRING THE LIBRARY'S COLLECTIONS AND EXPERTISE INTO THE CLASSROOM. VITAL COMMUNITY OUTREACH SERVICES ENGAGE NEW PATRONS, SUCH AS ASYLUM SEEKERS, AND CONNECT THEM TO CRITICAL LIBRARY RESOURCES. IN FISCAL YEAR 2023, THE BRANCH LIBRARIES WELCOMED 7.3 MILLION VISITS AND HAD 2.1 MILLION CARDHOLDERS WHO BORROWED 16.5 MILLION ITEMS AND RAISED 4.2 MILLION REFERENCE INQUIRIES. THE LIBRARY OFFERED MORE THAN 84,000 PROGRAMS FOR PATRONS OF ALL AGES - INCLUDING STORYTIMES FOR BABIES AND TODDLERS, CREATIVE CLASSES FOR SENIORS, AND MORE - WITH ATTENDANCE OF 1.3 MILLION. OUR CIRCULATING COLLECTIONS INCLUDE 7.5 MILLION ITEMS FROM BOOKS, E-BOOKS, AND E-AUDIOBOOKS TO DVDS AND CDS, "STEAM" DISCOVERY KITS FOR STUDENTS, MATERIALS FOR THE BLIND, AND MORE. FORM 990, PART III, LINE 4B - THE RESEARCH CENTERS THE FOUR RESEARCH CENTERS - THE STEPHEN A. SCHWARZMAN BUILDING; THE THOMAS YOSELOFF BUSINESS CENTER; THE SCHOMBURG CENTER FOR RESEARCH IN BLACK CULTURE; AND THE LIBRARY FOR PERFORMING ARTS - CONTINUE TO EXPAND ACCESS TO OUR COLLECTIONS, WELCOME NEW AUDIENCES, AND INSPIRE THE NEXT GENERATION OF RESEARCHERS. DURING FISCAL YEAR 2023, THE RESEARCH CENTERS WELCOMED APPROXIMATELY 3.5 MILLION ON-SITE PATRONS AND SPONSORED MORE THAN 3,000 PROGRAMS WITH ALMOST 127,000 ATTENDEES. LIBRARY STAFF RESPONDED TO 180,000 REFERENCE INQUIRIES. THE LIBRARY'S COLLECTION HOLDS 47.4 MILLION ITEMS, PRIMARILY BOOK AND BOOK-LIKE MATERIALS BUT ALSO PERSONAL PAPERS, ARCHIVES, PHOTOGRAPHS, AUDIO RECORDINGS, FILMS, MAPS, SHEET MUSIC, PRINTS AND CLIPPINGS. IN KEEPING WITH OUR MISSION TO PROVIDE FREE ACCESS TO INFORMATION FOR ALL, OUR WORLD-RENOWNED COLLECTIONS ARE OPEN TO ALL AND HELP SOLIDIFY BOTH THE LIBRARY AND NEW YORK CITY AS A HOME FOR KNOWLEDGE AND SCHOLARSHIP. THE RESEARCH CENTERS HAVE AN EXTENSIVE CONSERVATION AND PRESERVATION PROGRAM TO ENSURE THE DISCOVERABILITY AND ACCESSIBILITY OF COLLECTION ITEMS AT EVERY STAGE OF THEIR LIFE CYCLE. TO MAKE SPECIAL COLLECTIONS ACCESSIBLE, STAFF PROCESSED AND DESCRIBED MORE THAN 900 LINEAR FEET OF COLLECTIONS AND INVENTORIED NEARLY 10,000 AUDIO/VISUAL ITEMS, RESULTING IN ABOUT 62,000 ARCHIVES SPACE COMPONENTS AND MORE THAN 4,100 CATALOG ITEM RECORDS. SPECIAL COLLECTIONS ARE ALSO CONTROLLED, PRESERVED AND TRANSPORTED FOR EXHIBITIONS, DIGITIZATION, CURATORIAL REQUESTS AND RESEARCH PURPOSES. THIS YEAR, THESE ACTIVITIES INCLUDED ASSESSING 25,000 ITEMS AND CONTAINERS, DIGITIZING ALMOST 10,000 MEDIA ITEMS (VIDEO, FILM, AND RECORDED SOUND), AND SECURELY TRANSPORTING ALMOST 9,600 COLLECTION OBJECTS. FORM 990, PART VI, SECTION A, LINE 2 TRUSTEE, HENRY LOUIS GATES, JR. AND TRUSTEE, RICHARD D. COHEN - BUSINESS RELATIONSHIP FORM 990, PART VI, SECTION A, LINE 4 DURING FY2023 THE LIBRARY COMPLETED A COMPREHENSIVE REVIEW OF ITS BYLAWS. THE REVIEW WAS CONDUCTED TO ACCOMPLISH THREE PRIMARY GOALS: 1) EFFECTUATE THE CHANGE IN TRUSTEE DESIGNATIONS APPROVED BY THE BOARD, 2) BRING THE BYLAWS INTO COMPLIANCE WITH RECENT AMENDMENTS TO NEW YORK LAW, AND 3) IMPROVE THEIR USABILITY AND READABILITY. THE REVISIONS TO THE BYLAWS WERE APPROVED BY THE BOARD IN MAY 2023. FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF FORM 990 THE LIBRARY'S FORM 990 IS PREPARED BY MANAGEMENT AND REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM USING INFORMATION PROVIDED BY THE LIBRARY. THE DRAFT FORM 990 IS REVIEWED BY CERTAIN OFFICERS AND KEY EMPLOYEES. AS REQUIRED BY THE CHARTER OF THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES, THE FORM 990 IS THEN SENT TO THE MEMBERS OF THE AUDIT COMMITTEE FOR THEIR REVIEW WITH MANAGEMENT AT A SCHEDULED AUDIT COMMITTEE MEETING PRIOR TO FILING. FINALLY, AND ALSO PRIOR TO FILING, THE FORM 990 IS SENT TO THE MEMBERS OF THE BOARD OF TRUSTEES FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY DESCRIPTION OF PROCESS TO MONITOR TRANSACTIONS FOR CONFLICTS OF INTEREST: PROPOSED CANDIDATES FOR TRUSTEES, OFFICERS AND KEY EMPLOYEE POSITIONS ARE PROVIDED WITH A COPY OF THE POLICY STATEMENT AND QUESTIONNAIRE, AND MUST DISCLOSE ANY POTENTIAL CONFLICTS IN ADVANCE OF ELECTION OR APPOINTMENT. EACH TRUSTEE, OFFICER, AND KEY EMPLOYEE IS PROVIDED WITH A COPY OF THE POLICY ON AN ANNUAL BASIS. UPON RECEIPT, EACH SUCH TRUSTEE, OFFICER, AND KEY EMPLOYEE IS REQUIRED TO PROMPTLY COMPLETE, SIGN, AND RETURN THE CONFLICT OF INTEREST ANNUAL STATEMENT AND ANNUAL QUESTIONNAIRE. THERE IS ALSO AN ONGOING OBLIGATION TO DISCLOSE CONFLICTS IN ADDITION TO COMPLETING THE ANNUAL QUESTIONNAIRE. EACH CONFLICT OF INTEREST STATEMENT AND ANNUAL QUESTIONNAIRE IS REVIEWED AND EVALUATED IN ACCORDANCE WITH THE POLICY FOR ANY ACTUAL AND/OR POTENTIAL CONFLICT OF INTEREST, WHICH PROVIDES, "A TRUSTEE, OFFICER OR KEY EMPLOYEE SHALL NOT VOTE ON, APPROVE OR RECOMMEND ANY TRANSACTION IN WHICH HE OR SHE OR ANY MEMBER OF HIS OR HER FAMILY HAS ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST. IF THE TRUSTEE, OFFICER OR KEY EMPLOYEE IS PRESENT AT A MEETING OF THE BOARD OR ANY COMMITTEE AT WHICH SUCH MATTER IS CONSIDERED, THE TRUSTEE, OFFICER, OR KEY EMPLOYEE SHALL LEAVE THE MEETING DURING ANY DISCUSSIONS OR VOTE RELATING TO SUCH MATTER. PRIOR TO APPROVAL, THE AUDIT COMMITTEE OR THE BOARD MUST DETERMINE THAT THE TRANSACTION IS FAIR, REASONABLE AND IN THE LIBRARY'S BEST INTEREST, AND IF A TRUSTEE, OFFICER OR KEY EMPLOYEE HAS A SUBSTANTIAL FINANCIAL INTEREST, MUST CONSIDER ALTERNATIVE TRANSACTIONS TO THE EXTENT AVAILABLE." FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION REVIEW AND APPROVAL THE COMPENSATION AND TALENT DEVELOPMENT COMMITTEE OF THE BOARD OF TRUSTEES MEETS AT LEAST FOUR TIMES A YEAR. AS REQUIRED, IT REVIEWS THE COMPENSATION OF THE PRESIDENT, OFFICERS AND KEY EMPLOYEES OF THE LIBRARY, AS RECORDED CONTEMPORANEOUSLY IN THE MINUTES. THE LIBRARY REGULARLY CONSULTS COMPETITIVE DATA INCLUDING PUBLISHED SURVEYS WHEN REVIEWING AND MAKING COMPENSATION AND SALARY ADJUSTMENTS. IN ADDITION, THE COMPENSATION AND TALENT DEVELOPMENT COMMITTEE OF THE BOARD OF TRUSTEES RETAINS THE SERVICES OF AN INDEPENDENT CONSULTING FIRM TO SURVEY EXECUTIVE COMPENSATION AMONG PEER ORGANIZATIONS TO SUPPORT DECISIONS OF REASONABLENESS AND FAIR MARKET VALUE OF COMPENSATION. THE LAST REVIEW BY AN INDEPENDENT CONSULTING FIRM WAS DONE IN APRIL 2023. FORM 990, PART VI, SECTION C, LINE 19 PUBLIC DISCLOSURE THE LIBRARY'S GOVERNING DOCUMENTS (BYLAWS AND CHARTER) ARE MADE AVAILABLE TO THE GENERAL PUBLIC AS THEY ARE POSTED ON THE LIBRARY'S WEBSITE. THE LIBRARY'S CONFLICT OF INTEREST POLICY IS MADE AVAILABLE TO THE GENERAL PUBLIC AS IT IS POSTED ON THE LIBRARY'S WEBSITE. THE LIBRARY'S AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE GENERAL PUBLIC AS THEY ARE POSTED ON THE LIBRARY'S WEBSITE. FUNDRAISING EVENTS FORM 990, PART IX, COLUMN (D) AND SCHEDULE G, PART I THE LIBRARY IS CONTINUALLY WORKING TO ASSESS CURRENT AND LONG-TERM FUNDRAISING GOALS, AND STRIVES DILIGENTLY TO RAISE RESOURCES TO MEET THOSE GOALS. DUE TO THE NATURE OF PLANNED GIVING AND OTHER LONG-TERM FUNDRAISING ACTIVITIES, RESOURCE ALLOCATION AND CONTRIBUTION REVENUE ARE OFTEN REPORTED IN SEPARATE TIME PERIODS. THE LIBRARY'S FUNDRAISING AND MEMBERSHIP DEVELOPMENT ACTIVITIES INCLUDE WORKING WITH PROGRAM STAFF TO DEVELOP STATEMENTS OF NEED FOR PRIVATE FUNDRAISING, INCLUDING ENDOWMENT AND CAPITAL CONTRIBUTIONS; SOLICITING CONTRIBUTIONS FOR THOSE NEEDS AND FOR THE ANNUAL FUND FROM INDIVIDUALS, CORPORATIONS AND FOUNDATIONS; CONDUCTING OUTREACH EFFORTS TO SECURE MEMBERSHIP CONTRIBUTIONS AND CREATE AWARENESS OF THE LIBRARY AND ITS PROGRAMS; AND CONDUCTING SPECIAL FUNDRAISING EVENTS. FORM 990, PART X, LINE 10 CONTRIBUTED CAPITAL FOR USE DURING FISCAL YEAR 2023, THE LIBRARY RECEIVED CONTRIBUTED BUILDING AND LEASEHOLD IMPROVEMENTS OF $929,906 FROM THE CITY OF NEW YORK. THIS AMOUNT WAS RECORDED AS FIXED ASSETS AND CONTRIBUTED PROPERTY AND CAPITAL FOR USE IN THE LIBRARY'S 2023 FINANCIAL STATEMENTS. FORM 990, PART XI, LINE 9: POSTRETIREMENT BENEFITS CHANGES OTHER THAN NET PERIODIC BENEFIT COSTS -2,256,972. BRYANT PARK CORPORATION (BPC) 1065 AVENUE OF AMERICAS STE 2400 NEW YORK NY 10018 133009946 PARK MGMT NY 501 (C) (3) 12A N/A 1 PERPETUAL TRUST INVESTMENT NY N/A 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 PERPETUAL TRUST S 127758 FMV