2024-09-11T15:16:08-05:00 2023-12-31 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2023-01-01 226799567 RUBIN MUSEUM OF ART AKA THE SHELLEY & DONALD RUBIN CULTURAL TRUST RUBI 2126205000 150 WEST 17TH STREET NEW YORK NY 10011 MARILENA CHRISTODOULOU CHIEF FINANCIAL OFFICER 2126205000 2024-09-11 1 0 CHRIS BELLANDO P00541714 2126972299 2023 2024-08-08 14:25:15Z JORRIT BRITSCHGI 150 WEST 17TH STREET NEW YORK NY 10011 23547177 0 X WWW.RUBINMUSEUM.ORG X 1999 NY THE RUBIN MUSEUM OF ART IS A DYNAMIC ENVIRONMENT THAT STIMULATES LEARNING, PROMOTES UNDERSTANDING, AND INSPIRES PERSONAL CONNECTIONS TO THE IDEAS, CULTURES, AND ART OF HIMALAYAN ASIA. 13 13 75 55 0 0 2440825 2998046 369396 583002 4651579 6954832 697435 1159181 8159235 11695061 0 0 0 0 5717798 6221937 64233 42000 1055776 8256696 8732427 14038727 14996364 -5879492 -3301303 177744762 194212082 1869377 2161846 175875385 192050236 X THE RUBIN MUSEUM OF ART IN CHELSEA, NEW YORK CITY, EXPLORES AND CELEBRATES HIMALAYAN ART, CULTURES, AND IDEAS ACROSS HISTORY AND INTO THE PRESENT. WITH ITS GLOBALLY RENOWNED COLLECTION, CENTERED LARGELY AROUND ART FROM THE TIBETAN PLATEAU, THE RUBIN FOSTERS UNDERSTANDING AND APPRECIATION OF HIMALAYAN ART BY INTERPRETING AND RELATING IT TO OUR SHARED HUMAN EXPERIENCE TODAY. INSPIRED BY THE TENETS OF BUDDHISM, HINDUISM, AND INDIGENOUS RELIGIONS, AND ALIGNED WITH ONGOING RESEARCH INTO LEARNING, BEHAVIOR, AND THE BRAIN, THE RUBIN OFFERS INNOVATIVE EXHIBITIONS AND PROGRAMS THAT EXAMINE PROVOCATIVE IDEAS ACROSS THE ARTS AND EXPLORE THE MIND. THROUGH THIS WORK, THE MUSEUM SERVES AS A SPACE FOR REFLECTION AND PERSONAL TRANSFORMATION, OPENING WINDOWS TO INNER WORLDS SO VISITORS CAN BETTER NAVIGATE OUTER ONES. 0 0 4961232 391558 COLLECTIONS AND EXHIBITIONS:IN 2023, VISITORS TO THE MUSEUM ENCOUNTERED THE EXHIBITION DEATH IS NOT THE END, WHICH EXPLORED DEATH AND THE AFTERLIFE IN THE ART OF TIBETAN BUDDHISM AND CHRISTIANITY WITH 58 OBJECTS SPANNING 12 CENTURIES FROM THE MUSEUM'S COLLECTION ALONGSIDE ARTWORKS ON LOAN FROM PRIVATE COLLECTIONS AND MAJOR MUSEUMS. THE RUBIN ALSO PRESENTED EXHIBITIONS OUTSIDE OF THE MUSEUM'S WALLS, CONNECTING WITH AUDIENCES ACROSS THE COUNTRY AND IN EUROPE. IN FEBRUARY, THE RUBIN INAUGURATED ITS TRAVELING EXHIBITION FOR COLLEGES AND UNIVERSITIES, GATEWAY TO HIMALAYAN ART, AT LEHIGH UNIVERSITY ART GALLERIES. GATEWAY LATER OPENED IN SEPTEMBER AT THE MCMULLEN MUSEUM OF ART AT BOSTON COLLEGE. THE SAME MONTH IN LONDON, THE TRAVELING VERSION OF THE MANDALA LAB OPENED IN CANARY WHARF AS PART OF THE LONDON DESIGN FESTIVAL. 1955562 191444 PUBLIC PROGRAMS AND VISITOR ENGAGEMENT:THE RUBIN'S PUBLIC PROGRAMS OFFER DIVERSE AUDIENCES MEANINGFUL WAYS TO ENGAGE WITH THE ART AND CULTURES OF THE HIMALAYAS. IN 2023, ADULT WORKSHOPS AND TALKS CENTERED ON THE UNIFYING THEME OF LIFE AFTER, SPARKING CONVERSATIONS AROUND LIFE'S TRANSITIONS AND OUR CAPACITY TO APPROACH THEM WITH OPENNESS AND AWARENESS. HIMALAYAN HERITAGE PROGRAMS PROVIDED INSIGHTS INTO THE ART, CULTURES, AND SACRED TRADITIONS OF THE HIMALAYAN REGION, AND DROP-IN WORKSHOPS IN COLLABORATION WITH NYU'S GRADUATE ART THERAPY PROGRAM FOCUSED ON CREATIVITY AND SELF-REFLECTION. WE SERVED VISITORS WITH ALZHEIMER'S AND DEMENTIA AND THEIR CARE PARTNERS, AS WELL AS 5,545 SCHOOL AGE CHILDREN AND 3,022 ACCOMPANYING ADULTS AND EDUCATORS, OFFERING THEM CUSTOM OFFERINGS INFORMED BY MINDFULNESS AND HIMALAYAN ART AND CULTURES. WE WORKED WITH 1,039 LOW-INCOME STUDENTS IN SCHOOLS AS PART OF OUR MATH AND MANDALAS PROGRAM, AND 89 EDUCATORS FOR PROFESSIONAL DEVELOPMENT WORKSHOPS, PROVIDING THEM WITH AN ENTRE TO SOCIAL, EMOTIONAL, AND ETHICAL (SEE) LEARNING. 1542206 PUBLIC RELATIONS AND MARKETING (DIGITAL AND ANALOG SHARING):IN 2023, THE RUBIN REACHED A GROWING AND CONNECTED GLOBAL AUDIENCE THROUGH OUR DIGITAL INITIATIVES. WE LAUNCHED THE DIGITAL PLATFORM PROJECT HIMALAYAN ART, AN INTERDISCIPLINARY RESOURCE FOR LEARNING ABOUT HIMALAYAN, TIBETAN, AND INNER ASIAN ART AND CULTURES. IT HAD A DIGITAL REACH OF 25,000 USERS WITH OVER 100,000 VIEWS. WE PUBLISHED THE BOOK HIMALAYAN ART IN 108 OBJECTS, WITH ESSAYS FROM 72 AUTHORS FROM AROUND THE WORLD, AS WELL AS THE SEVENTH EDITION OF SPIRAL, OUR FREE ANNUAL PRINT AND ONLINE MAGAZINE, WHICH RECEIVED OVER 22,000 DIGITAL VIEWS. THE RUBIN'S IMPACT EXTENDED THROUGH VARIOUS DIGITAL PLATFORMS WITH MORE THAN 290,000 FOLLOWERS, AND A DIGITAL REACH OF MORE THAN 8 MILLION. 982053 190439 PUBLICATIONS, AND SHOP, OTHER MISC. 982053 190439 9441053 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 0 0 1 1 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 150 0 1 75 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 13 13 1 1 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X MARILENA CHRISTODOULOU 2126205000 150 WEST 17TH STREET NEW YORK NY 10011 SHELLEY RUBIN CHAIR 3.00 X X 0 0 0 NOAH P DORSKY BOARD PRESIDENT 3.00 X X 0 0 0 JORRIT BRITSCHGI SECRETARY/EXEC. DIRECTOR (SEE P VII) 40.00 X 0 0 0 ROBERT M BAYLIS TRUSTEE 3.00 X 0 0 0 CHRISTOPHER J FUSSNER TRUSTEE 1.00 X 0 0 0 SCOTT GRINSELL TRUSTEE 1.00 X 0 0 0 MICHAEL MCCORMICK TRUSTEE 1.00 X 0 0 0 TONG-TONG ZHU TRUSTEE 1.00 X 0 0 0 BASHA FROST RUBIN TRUSTEE 1.00 X 0 0 0 NAMITA SARAF TRUSTEE 1.00 X 0 0 0 ERIC SCHOENBERG TRUSTEE 1.00 X 0 0 0 EILEEN CAULFIELD SCHWAB TRUSTEE 1.00 X 0 0 0 TSHERIN SHERPA TRUSTEE 1.00 X 0 0 0 JESSE SMITH TRUSTEE 1.00 X 0 0 0 MARILENA CHRISTODOULOU DEPUTY EXEC. DIR./CFO 40.00 X 295554 0 69827 TIMOTHY MCHENRY DEPUTY EXECUTIVE DIR./CHIEF PROGRAMMATIC OFFICER 40.00 X 254696 0 66403 MICHELLE B SIMORELLA DIR. OF CURATORIAL ADMIN. 40.00 X 182034 0 55562 DONNA LEE KELLY DIR. OF DEVELOPMENT 40.00 X 183359 0 49472 ELKE C DEHNER DIR. OF MARKETING & COMMUNICATIONS 40.00 X 176794 0 49347 JAMIE LAWYER DIR. OF VISITOR EXPERIENCE/ INTERPRETATION 40.00 X 167115 0 43602 HAZEL P KING HEAD OF HUMAN RESOURCES 40.00 X 125089 0 46002 1384641 0 380215 14 0 1 0 ALLIED UNIVERSAL SECURITY SERVICES PO BOX 828854 PHILADELPHIA PA 19182 SECURITY CONTRACT SERVICES 521994 VAJRADHATU GMBH OBERE PLESSURSTRASSE 25 7000 CHUR SZ CONTRACTUAL EXEC. DIR. (PT VII SEC. A) 426000 UOVO LLC 41-54 22ND STREET LONG ISLAND CITY NY 11101 ART STORAGE 392023 CLOUD AND HORSE PRODUCTION LTD UNIT 1 DELTA WHARF 271-287 TUNNEL LONDON UK EXHIBITION FABRICATION, INSTALLATION, ST 212523 UNITED SERVICES OF AMERICA INC 855 MAIN STREET SUITE 905 BRIDGEPORT CT 06604 CONTRACT HOUSEKEEPING SERVICES 210113 15 247980 1029943 1720123 2998046 MUSEUM ADMISSION FEES 713990 391558 391558 PROGRAM FEES 713990 191444 191444 583002 3581636 3581636 1874930 906188 968742 968742 968742 14059079 10685883 3373196 3373196 3373196 419174 260045 159129 159129 MISCELLANEOUS REVENUE 900099 31310 31310 31310 11695061 773441 0 7923574 X 676480 330747 342183 3550 4380488 2636088 1218964 525436 41893 16571 18426 6896 750366 446616 218980 84770 372710 218559 114603 39548 456000 182400 273600 81642 81642 61893 61893 42000 42000 152841 152841 2935733 2188327 687422 59984 252192 247581 2314 2297 1083542 685516 352015 46011 779498 491865 237667 49966 134909 78476 54794 1639 88398 44007 37699 6692 1845130 1205086 509233 130811 172861 130802 33279 8780 PROGRAM & SUPPORTING SE 526230 460534 44294 21402 PUBLICATIONS, SUBSCRIPT 161558 77878 57686 25994 14996364 9441053 4499535 1055776 535671 522561 323843 323722 1178108 2134374 205111 59066 788115 789568 307126 456531 65760308 37179702 30377405 28580606 143431814 160879448 93148 10878 504421 455328 177744762 194212082 1244352 1629430 22375 74950 602650 457466 1869377 2161846 X 144633325 155675481 31242060 36374755 175875385 192050236 177744762 194212082 -3301303 19476154 0 X 0 1 X 1 0 X 2984814 3214235 3398875 2440825 2988046 15026795 2984814 3214235 3398875 2440825 2988046 15026795 830741 14196054 5258770 4039193 5376489 4538812 4550378 23763642 163264 71121 57003 43223 31310 365921 39156358 3574588 0.36250 0.33630 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 137265216 26099844 5000000 158365060 172681400 -30416184 5000000 137265216 162467343 23214057 13000000 172681400 146085283 24382060 8000000 162467343 122205274 28880009 5000000 146085283 0.78230 0.15790 0.05980 0 0 378750 3595496 3974246 2146250 18742052 13028674 7859628 2038203 35049066 20506415 16580854 2584271 2428670 155601 52860 1173360 1215943 10277 28580606 TENANT SECURITY DEPOSITS 200458 OPERATING LEASE LIABILITY 257008 457466 32184607 19476154 19476154 12708453 152841 -1166233 -1013392 11695061 16009756 1166233 1166233 14843523 152841 152841 14996364 PART III, LINE 1A: THE VALUE OF THE COLLECTION, WHICH WAS ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE MUSEUM'S INCEPTION, IS NOT REFLECTED AS AN ASSET ON THE STATEMENTS OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IN THE YEAR OF ACQUISITION. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENTS OF ACTIVITIES. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES WOULD BE REFLECTED ON THE STATEMENTS OF ACTIVITIES BASED ON THE ABSENCE OR EXISTENCE AND NATURE OF DONOR-IMPOSED RESTRICTIONS. FUNDS RECEIVED FROM THE DISPOSAL OF A DEACCESSIONED WORK SHALL NOT BE USED FOR OPERATING EXPENSES OR CAPITAL EXPENSES. SUCH FUNDS, INCLUDING ANY EARNINGS AND APPRECIATION THEREON, MAY BE USED ONLY FOR THE ACQUISITION OF WORKS IN A MANNER CONSISTENT WITH THIS COLLECTION MANAGEMENT POLICY ON RESTRICTED ACQUISITION FUNDS. THE COLLECTION IS HELD FOR PUBLIC SERVICE RATHER THAN FINANCIAL GAIN, PROTECTED AND PRESERVED, AND SUBJECT TO AN ORGANIZATIONAL POLICY THAT REQUIRES THE PROCEEDS FROM SALES OF SUCH ITEMS TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. PART III, LINE 4: THE MUSEUM'S COLLECTION OF MORE THAN 3,300 OBJECTS IS CONSIDERED TO BE THE MOST EXTENSIVE OF ITS KIND IN THE WEST. IT INCLUDES HIMALAYAN PAINTINGS, SCULPTURE, RITUAL OBJECTS, AND PRINTS SPANNING THE PERIOD FROM THE 2ND CENTURY TO THE 21ST CENTURY. THE COLLECTION IS THE BASIS OF THE MUSEUM'S EXHIBITIONS, EDUCATION AND PUBLIC PROGRAMS WHICH ARE VIEWED AND ENJOYED BY APPROXIMATELY 200,000 PEOPLE PER YEAR. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -260,045. EXPENSES - RESIDENTIAL APARTMENTS -906,188. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 260,045. EXPENSES - RESIDENTIAL APARTMENTS 906,188. EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 1 (SEE P. VII SECTION A#3) CONTRACTUAL EXECUTIVE DIRECTOR SERVICES 464935 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 4 PROGRAM SERVICES MANDALA LAB EXHIBITION (LONDON) 932857 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 1 PROGRAM SERVICES RESEARCH AND MEETINGS RELATED TO PONTENTIAL/FUTURE MANDALA LAB SITES 2436 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 2 PROGRAM SERVICES MEETINGS RELATED TO POTENTIAL/FUTURE PROGRAMS 1092 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 1 SEMINARS / CONFERENCES SNFCC CONFERENCE (GREECE) 26 SOUTH ASIA 0 4 PROGRAM SERVICES ITUM BAHAL EXHIBITION OPENING (NEPAL); EXHIBITION RESEARCH (INDIA, NEPAL) 13216 EAST ASIA AND THE PACIFIC 0 1 MEETINGS MEETINGS WITH MUSEUMS AND CULTURAL SPACES (HONG KONG, TAIWAN) 4156 EAST ASIA AND THE PACIFIC 0 1 SEMINARS / CONFERENCES ICOM INTERNATIONAL MUSEUM DAY SYMPOSIUM (SINGAPORE) 1662 NORTH AMERICA 0 1 SEMINARS / CONFERENCES ARCS CONFERENCE (CANADA) 1401 0 15 0 1 0 16 1420380 1401 1421781 0 0 0 0 0 0 X X X X X X X 1 DEVELOPMENT GUILDDDI INC ONE BOSTON PLACE 2600 BOSTON MA 02108 FUNDRAISING COUNSEL 0 0 42000 0 42000 X X 0 0 0 0 0 0 0 0 0 MARILENA CHRISTODOULOU DEPUTY EXEC. DIR./CFO 264541 0 25500 0 5513 0 35043 0 34784 0 365381 0 25500 0 TIMOTHY MCHENRY DEPUTY EXECUTIVE DIR./CHIEF PROGRAMM 230164 0 23000 0 1532 0 31512 0 34891 0 321099 0 23000 0 MICHELLE B SIMORELLA DIR. OF CURATORIAL ADMIN. 165185 0 16500 0 349 0 22678 0 32884 0 237596 0 16500 0 DONNA LEE KELLY DIR. OF DEVELOPMENT 164380 0 16000 0 2979 0 21968 0 27504 0 232831 0 16000 0 ELKE C DEHNER DIR. OF MARKETING & COMMUNICATIONS 160972 0 15500 0 322 0 21328 0 28019 0 226141 0 15500 0 JAMIE LAWYER DIR. OF VISITOR EXPERIENCE/ INTERPRE 151997 0 15000 0 118 0 20575 0 23027 0 210717 0 15000 0 HAZEL P KING HEAD OF HUMAN RESOURCES 112499 0 11500 0 1090 0 15468 0 30534 0 171091 0 11500 0 VAJRADHATU GMBH COMPANY OF EXECUTIVE MANAGEMENT CONSULTANT 456000 EXECUTIVE MANAGEMENT CONSULTANT 0 X 85 0 1 0 1 0 FORM 990, PART VI, SECTION A, LINE 1A THE BOARD DELEGATES AUTHORITY TO ACT ON ITS BEHALF BETWEEN MEETINGS OF THE BOARD OF TRUSTEES TO A 6 MEMBER EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE MAY EXERCISE ALL THE POWERS OF THE TRUSTEES EXCEPT IT MAY NOT AUTHORIZE ANY ACTION WHICH REQUIRES THE VOTE OF AT LEAST TWO-THIRD OF THE TRUSTEES UNDER THE RUBIN MUSEUM OF ART'S GOVERNING DOCUMENT. ALL 6 MEMBERS OF THE EXECUTIVE COMMITTEE ARE MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 2 DONALD RUBIN, SHELLEY RUBIN AND BASHA RUBIN HAVE A FAMILY RELATIONSHIP. BASHA RUBIN AND SCOTT GRINSELL HAVE A FAMILY RELATIONSHIP FORM 990, PART VI, SECTION A, LINE 3 THE MUSUEM HAS CONTRACTED WITH THE COMPANY OF THE JORRIT BRITSCHGI TO ACT AS ITS EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION A, LINE 7A THE FOUNDER SHELLEY RUBIN, HAS THE RIGHT TO APPOINT UP TO TWO TRUSTEES TO THE BOARD PROVIDED SUCH TRUSTEES ARE FAMILY MEMBERS OF HER FAMILY. TO-DATE, SHELLEY RUBIN HAS APPOINTED BASHA RUBIN AS A TRUSTEE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE RUBIN MUSEUM OF ART'S AUDITORS, REVIEWED BY THE DEPUTY EXECUTIVE DIRECTOR/CFO & COO AND EMAILED TO THE FULL BOARD OF TRUSTEES 3 WEEKS PRIOR TO THE DUE DATE, LEAVING 3 WEEKS FOR TRUSTEES' QUESTIONS OR COMMENTS. IT IS THEN FILED BY THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 12C THE RUBIN MUSEUM OF ART'S "CODE OF ETHICS FOR TRUSTEES, EMPLOYEES AND VOLUNTEERS" IS AGREED AND ACCEPTED IN WRITING BY ALL SUCH INDIVIDUALS WHEN THEY JOIN THE ORGANIZATION IN THEIR RESPECTIVE CAPACITIES. IN ACCORDANCE WITH THE PROVISIONS OF THIS POLICY, EACH TRUSTEE AND EMPLOYEE WITH MANAGERIAL RESPONSIBILITIES IS FURNISHED A COPY OF THIS CODE OF ETHICS AT LEAST ANNUALLY AND REQUESTED TO COMPLETE AND FILE WITH THE ORGANIZATION AN "ANNUAL CONFLICT OF INTEREST STATEMENT". THE DEPUTY EXECUTIVE DIRECTOR, CFO & COO REVIEWS ALL SUCH STATEMENTS AND, IF THERE IS A POTENTIAL OR ACTUAL CONFLICT OF INTEREST, THE DEPUTY EXECUTIVE DIRECTOR, CFO & COO BRINGS IT TO THE ATTENTION OF THE EXECUTIVE DIRECTOR AND THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS USED TO ESTABLISH COMPENSATION FOR TOP MANAGEMENT AND KEY EMPLOYEES INCLUDES REVIEW OF COMPENSATION FOR SIMILAR POSITIONS AT COMPARABLE MUSEUMS AND CHARITIES IN THE NEW YORK METROPOLITAN AREA; THE CPI FOR NYC; PERFORMANCE EVALUATIONS; AND RELATIVE PARITY WITHIN THE ORGANIZATION. THIS INFORMATION WAS PRESENTED TO THE EXECUTIVE DIRECTOR BY THE DEPUTY EXECUTIVE DIRECTOR, CFO & COO FOR THE YEAR ENDED 12/31/2023. THE COMPENSATION FOR ALL EMPLOYEES WAS THEN APPROVED BY THE EXECUTIVE DIRECTOR AND THE EXECUTIVE COMMITTEE OF THE BOARD. THIS PROCESS WAS LAST UNDERTAKEN FOR EXECUTIVE MANAGEMENT TEAM (OFFICERS AND KEY EMPLOYEES) IN DECEMBER 2023. FORM 990, PART VI, SECTION C, LINE 19 THE RUBIN MUSEUM OF ART'S FINANCIAL STATEMENTS ARE MADE PUBLIC IN ITS ANNUAL REPORT WHICH IS ALSO POSTED ON ITS WEBSITE. ITS TAX RETURN IS PUBLIC INFORMATION ON GUIDESTAR AND OTHER ORGANIZATIONS THAT MONITOR NOT-FOR-PROFITS. FORM 990, PART IX, LINE 11G CONTRACT LABOR: PROGRAM SERVICE EXPENSES 1,356,385. MANAGEMENT AND GENERAL EXPENSES 458,255. FUNDRAISING EXPENSES 56,784. TOTAL EXPENSES 1,871,424. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 831,942. MANAGEMENT AND GENERAL EXPENSES 229,167. FUNDRAISING EXPENSES 3,200. TOTAL EXPENSES 1,064,309.