2024-08-15T06:40:07-05:00 2023-09-30 221478099 COHNREZNICK LLP 350 CHURCH STREET 12TH FLOOR HARTFORD CT 06103 990 2022-10-01 043113688 MASSACHUSETTS MUSEUM OF CONTEMPORARY ART FOUNDATION INC MASS 4136644481 1040 MASS MOCA WAY NORTH ADAMS MA 01247 TRACY MOORE DEPUTY DIRECTOR 4136644481 2024-08-13 1 1 PAUL BALLASY P00852868 9592007000 2024-08-12 2022 2024-08-08 14:25:15Z TRACY MOORE 1040 MASS MOCA WAY NORTH ADAMS MA 01247 26836403 0 X WWW.MASSMOCA.ORG X 1990 MA CREATION AND OPERATION OF WORLD CLASS CONTEMPORARY ART MUSEUM AND SECURING RELATED FUNDING. 31 31 216 108 1955032 0 9335655 15047625 4151693 3594123 429862 770284 2620125 2395727 16537335 21807759 0 326000 0 0 7332317 9269375 10400 0 1438420 9801865 10832475 17144582 20427850 -607247 1379909 80096723 83492610 5222671 5101415 74874052 78391195 X MASS MOCA'S MISSION IS TO FOSTER AND PRESENT VISUAL AND PERFORMING ARTS AND RELATED EDUCATIONAL PROGRAMS FOR THE BENEFIT OF THE PUBLIC. 0 0 3789989 BUILDING AND GROUNDS - FACILITIES OPERATIONS AND MAINTENANCE OF THE ENTIRE MASS MOCA CAMPUS. THE COST OF REALTY OPERATIONS ALLOCABLE TO OTHER PROGRAM SERVICES, SUPPORTING SERVICES, AND AUXILIARY ACTIVITIES HAS NOT BEEN DETERMINED. 4132673 2196185 VISUAL ARTS MASS MOCA EXHIBITS - TEMPORARY LARGE SCALE INSTALLATIONS AND EXHIBITIONS 3200892 326000 118585 PERFORMING ARTS - MASS MOCA STAGES MULTIPLE PERFORMANCES OF MUSIC, DANCE, THEATER, FILMS AND DOCUMENTARIES 1441949 1279353 FESTIVALS-MASS MOCA HOLDS VARIOUS FESTIVALS ON ITS CAMPUS THROUGHOUT THE YEAR 845524 REAL ESTATE-ECONOMIC AND COMMERCIAL DEVELOPMENT - MASS MOCA LEASES A PORTION OF ITS BUILDINGS TO COMMERCIAL TENANTS TO GENERATE JOBS AND ENCOURAGE ECONOMIC REDEVELOPMENT 402225 451096 RETAIL - RETAIL SALES OPERATIONS OF MERCHANDISE RELATED TO CONTEMPORARY ART AND MASS MOCA PROGRAMS 2978112 142467 SPECIAL PROJECTS-VARYING PROJECTS RELATED TO TOURISM, ECONOMIC DEVELOPMENT, TENANT FIT OUT, AND COMMUNITY AND YOUTH SERVICES. 5667810 1872916 16791364 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 334 0 1 216 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 31 31 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 MA X AMELIA WACHUR 4136644481 1040 MASS MOCA WAY NORTH ADAMS MA 01247 MAUD S MANDEL DIRECTOR 1.00 X 0 0 0 STEVE JENKS DIRECTOR 1.00 X 0 0 0 SHEREE STOMBERG DIRECTOR 1.00 X 0 0 0 SCOTT M HAND DIRECTOR 1.00 X 0 0 0 ROBERT L GOLD OUTGOING TREASURER 1.00 X X 0 0 0 OLIVIER MESLAY DIRECTOR 1.00 X 0 0 0 NICK CAVE DIRECTOR 1.00 X 0 0 0 MELEKO MOKGOSI DIRECTOR 1.00 X 0 0 0 LINDA MASON DIRECTOR 1.00 X 0 0 0 MARK SIMONIAN TREASURER 1.00 X X 0 0 0 MARIKO SILVER CHAIRMAN 1.00 X X 0 0 0 JULIA BOWEN DIRECTOR 1.00 X 0 0 0 LIBBY WADSWORTH DIRECTOR 1.00 X 0 0 0 LEO QUIGLEY DIRECTOR 1.00 X 0 0 0 KERIS SALMON DIRECTOR 1.00 X 0 0 0 KELLY KAISER DIRECTOR 1.00 X 0 0 0 KATIE HAZLETT SCHMIDT DIRECTOR 1.00 X 0 0 0 TIMUR F GALEN OUTGOING CHAIRMAN 1.00 X X 0 0 0 BEN LAMB DIRECTOR 1.00 X 0 0 0 JOHN GARDINER DIRECTOR 1.00 X 0 0 0 WILLIAM D COHAN DIRECTOR 1.00 X 0 0 0 ANDERS U SCHROEDER DIRECTOR 1.00 X 0 0 0 GREGORY M AVIS DIRECTOR 1.00 X 0 0 0 JENNIFER DEASON DIRECTOR 1.00 X 0 0 0 JAMES F BIRGE PHD DIRECTOR 1.00 X 0 0 0 HAROLD KODA DIRECTOR 1.00 X 0 0 0 HANS ULRICH OBRIST DIRECTOR 1.00 X 0 0 0 GLENN KAINO DIRECTOR 1.00 X 0 0 0 ANOUK DEY DIRECTOR 1.00 X 0 0 0 JOHN DEROSA OUTGOING CLERK 1.00 X X 0 0 0 CLAUDE GRUNITZKY DIRECTOR 1.00 X 0 0 0 CAROLINE CUNNINGHAM OUTGOING DIRECTOR 1.00 X 0 0 0 BEN SVENSON DIRECTOR 1.00 X 0 0 0 ELIZABETH EASTON DIRECTOR 1.00 X 0 0 0 ALAN L BELLER DIRECTOR 1.00 X 0 0 0 KRISTY EDMUNDS DIRECTOR OF MMOCA 40.00 X 350000 0 0 AMELIA WACHUR DIRECTOR OF FINANCE 40.00 X 92090 0 21335 TRACY MOORE DEPUTY DIRECTOR 40.00 X 177218 0 28513 JENNY WRIGHT DIRECTOR OF COMMUNICATIONS AND CONTENT 40.00 X 136102 0 23829 SUSAN KILLAM DIRECTOR OF PERFORMING ARTS AND FILM 40.00 X 110978 0 22353 JENNIFER LEES DIRECTOR OF VISITOR EXPERIENCE 40.00 X 106623 0 4067 DENISE MARKONISH CHIEF CURATOR 40.00 X 105374 0 6847 JOSEPH THOMPSON FORMER FOUNDING DIRECTOR 1.00 X 232500 0 28155 1310885 0 135099 7 1 1 0 THE OFFICE OF PERFORMING ARTS 130 JANE ST 5J NEW YORK NY 10014 PERFORMING ARTS CURATOR, BOOKING AGENT 574646 SYNERGI PARTNERS INC 151 W EVANS ST FLORENCE SC 29501 CARES ACT FILING AGENTS 338628 BARNABY HEATING AND COOLING LLC 16 OLD WILLIAMSTOWN RD LANESBOROUGH MA 01237 HVAC AND PLUMBING SERVICES 336766 CDA ROOFING & SIDING CONTRACTORS LLC 1775 MAIN ST AGAWAM MA 01001 ROOFING CONTRACTOR 220600 WATERMAN EXCAVATING INC 95 MAIN ST CHESHIRE MA 01225 CONTRACTOR SERVICES 162566 12 1177074 541502 13329049 76466 15047625 ADMISSIONS 712110 2196185 2196185 FESTIVAL EVENTS 713990 1279353 1279353 ARTIST WORKSHOPS 713990 98980 98980 EDUCATIONAL PROGRAM 713990 19605 19605 3594123 1125609 1125609 1801 1801 1955032 0 1955032 1955032 1955032 3978864 4334189 -355325 -355325 -355325 51750 541502 206419 -154669 -154669 939132 488036 451096 451096 REIMBURSED EXPENSES 900099 115811 115811 SECURITY SERVICE FEES 900099 20280 20280 6376 6376 142467 21807759 4187686 1955032 617416 X 320000 320000 6000 6000 680201 138377 314912 226912 7153945 5468157 974408 711380 84505 54481 21176 8848 713605 476638 164472 72495 637119 482823 84623 69673 43087 43087 55545 55545 15303 15303 4557074 4358073 121627 77374 166588 157889 8699 554198 436735 40180 77283 281004 129220 130505 21279 1566912 1532874 11274 22764 157475 129541 19477 8457 82302 13807 66335 2160 26517 1151 25366 1582797 1559055 15828 7914 358458 333038 25420 SUPPLIES AND MATERIALS 668940 596181 10374 62385 FURNITURE AND EQUIPMENT 328602 312180 14759 1663 CATERING, MEALS AND ENT 215763 155025 27758 32980 LICENSE FEES AND MISC 167061 129327 6881 30853 4849 792 57 4000 20427850 16791364 2198066 1438420 389821 206123 6506803 9042066 4579389 4445393 450058 284695 432080 514735 33213 248645 48445300 9510986 39599382 38934314 28105977 29816639 80096723 83492610 2734635 2696555 380128 430386 2107908 1974474 5222671 5101415 X 29049032 39325207 45825020 39065988 74874052 78391195 80096723 83492610 1379909 2137234 0 X 0 1 X 1 0 X 5998381 9290366 15355950 9335655 15047625 55027977 5448459 1838785 3779965 4969686 4533255 20570150 11446840 11129151 19135915 14305341 19580880 75598127 2082561 1859314 3941875 0 2082561 1859314 3941875 71656252 2357376 2636757 2470286 2044219 3082442 12591080 2357376 2636757 2470286 2044219 3082442 12591080 479166 301765 266109 195641 142467 1385148 14283382 14067673 21872310 16545201 22805789 89574355 0.80000 0.81560 0.14060 0.02740 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: TENANT REPAIR MAINTENANCE - 2020 AMOUNT: $ 134,463. 2021 AMOUNT: $ 13,352. MISCELLANEOUS - 2018 AMOUNT: $ 440,803. 2019 AMOUNT: $ 284,676. 2020 AMOUNT: $ 88,019. 2022 AMOUNT: $ 26,656. REIMBURSEMENT - 2018 AMOUNT: $ 38,363. 2019 AMOUNT: $ 17,089. 2020 AMOUNT: $ 43,627. 2021 AMOUNT: $ 182,289. 2022 AMOUNT: $ 115,811. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13635475 13312152 2826721 1400000 28374348 9617682 3915886 -2875630 1478000 -4455537 13635475 9084435 1883247 1350000 9617682 10718277 493970 2127812 9084435 12210901 286852 1779476 10718277 1.00000 0 0 171080 171080 24238183 6217018 18021165 19696998 19696998 4049561 3158275 891286 289478 135693 153785 38934314 X 24624145 2137234 694455 2831689 21792456 15303 15303 21807759 21107002 694455 694455 20412547 15303 15303 20427850 PART X, LINE 2: THE FOUNDATION MAY RECOGNIZE THE TAX BENEFIT FROM A TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE FOUNDATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME ("UBIT"). THE FOUNDATION HAS ANALYZED ITS TAX POSITIONS TAKEN FOR FILINGS WITH THE INTERNAL REVENUE SERVICE AND THE COMMONWEALTH OF MASSACHUSETTS. THE FOUNDATION BELIEVES THAT ITS INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE FOUNDATION'S FINANCIAL CONDITION, RESULTS OF OPERATIONS, OR CASH FLOWS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOOD SOLD 488,036. FUNDRAISING EXPENSES 206,419. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOOD SOLD 488,036. FUNDRAISING EXPENSES 206,419. FORM 990 PART V LINE 1F THE ADJUSTMENT TO ADMINISTRATIVE EXPENSES REPRESENTS THE RESTRICTED ENDOWMENT ASSETS PER THE FS WHICH WAS EXCLUDED FROM SCHEDULE D PART V PER THE PRIOR YEAR 990. OCT 22 GALA 593252 541502 51750 82155 4892 119372 593252 541502 51750 82155 4892 119372 206419 -154669 1 THE MIDAS COLLABORATIVE INC 2 OLIVER ST BOSTON MA 02109 830485169 300000 0 ASSETS FOR ARTISTS CAPACITY-BUILDING GRANT FUNDS FOR NEW ENGLAND & THE BERKSHIRES CONFERENCE OF CHURCHES INC 224 FARMINGTON AVE HARTFORD CT 06105 060693695 20000 0 IN SUPPORT OF 2023 ARTISTS OF COLOR ACCELERATE FELLOWSHIP PROGRAM 2 VALLEY CREATES PROJECT EVOLUTION GRANT 19 1000 VALLEY CREATES PROJECT EVOLUTION GRANT - KENT ALEXANDER MEMORIAL AWARD 1 5000 PART I, LINE 2: MIDAS COLLABORATIVE: A4A STAFF ENGAGE IN MULTIPLE PHONE AND EMAIL COMMUNICATIONS WITH THE SELECTED ARTISTS TO OVERSEE THEIR PLANNED USE OF THE FUNDS, AND A4A STAFF RECEIVES COPIES OF MIDAS'S BANK STATEMENTS PERTAINING TO THE DISTRIBUTION OF THESE DEDICATED RE-GRANTING FUNDS. X X X 1 0 0 0 0 0 0 0 0 KRISTY EDMUNDS DIRECTOR OF MMOCA 350000 0 0 0 0 0 0 0 0 0 350000 0 0 0 JOSEPH THOMPSON FORMER FOUNDING DIRECTOR 0 0 0 0 232500 0 8700 0 19455 0 260655 0 0 0 TRACY MOORE DEPUTY DIRECTOR 177218 0 0 0 0 0 6364 0 22149 0 205731 0 0 0 JENNY WRIGHT DIRECTOR OF COMMUNICATIONS AND CONTE 136102 0 0 0 0 0 2580 0 21249 0 159931 0 0 0 PART I, LINE 4A THE FORMER FOUNDING DIRECTOR RECEIVED A SEVERANCE PAYMENT WHICH IS REFLECTED IN HIS 2022 W2. X 5 73466 FMV X MERCHANDISE 1 3000 FMV 0 1 0 PART I, COLUMN (B): THE AMOUNT IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE FINANCE COMMITTEE AND APPROVED BY THE EXECUTIVE COMMITTEE AFTER IT HAS BEEN COMPLETED AND BEFORE IT IS SUBMITTED FOR THE PUBLIC REVIEW. FORM 990, PART VI, SECTION B, LINE 12C AT THE TIME A NEW MEMBER IS ELECTED TO THE BOARD, THE MEMBER IS REQUIRED TO READ THE MUSEUM'S CONFLICT-OF-INTEREST POLICY, AND TO COMPLETE THE CONFLICT-OF-INTEREST DISCLOSURE FORM. MEMBERS ARE ASKED TO UPDATE THE FORM WHEN ANY NEW MATERIAL CONFLICT ARISES DURING THE COURSE OF THE YEAR. FURTHERMORE, AT EACH ANNUAL MEETING (WHICH, IN GENERAL, IS SCHEDULED FOR MID-OCTOBER, AND IS THE FIRST MEETING IN EACH NEW FISCAL YEAR) THE ENTIRE BOARD IS ASKED TO REVIEW THEIR CONFLICT-OF-INTEREST FORMS. THE FORMS ARE UPDATED, INITIALED AND DATE AT THE TIME OF THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR'S SALARY IS REVIEWED AND DETERMINED BY THE EXECUTIVE COMMITTEE WITH APPROVAL OF THE BOARD OF DIRECTORS THE BOARD OF DIRECTORS MAKES USE OF REGULAR SALARY AND BENEFIT SURVEYS OBTAINED FROM VARIOUS TRADE ORGANIZATIONS AND OTHER SURVEY SOURCES FOR COMPARING WAGES, FRINGE BENEFITS AND JOB DESCRIPTIONS AND CONDUCTS ANNUAL AND BI-ANNUAL JOB REVIEWS WITH ALL KEY EMPLOYEES FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, FORM 990 AND OTHER POLICIES IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST OR INQUIRIES. FORM 990, PART IX, LINE 11G FEES FOR SERVICES: PROGRAM SERVICE EXPENSES 4,358,073. MANAGEMENT AND GENERAL EXPENSES 121,627. FUNDRAISING EXPENSES 77,374. TOTAL EXPENSES 4,557,074.