2023-03-29T13:52:29-05:00 2022-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2021-07-01 112104059 NEW YORK HALL OF SCIENCE NEWY 7186990005 47-01 111TH STREET CORONA NY 11368 SHIH-CHANG LU CHIEF FINANCIAL & OPER OFFICER 7186990005 2023-03-29 1 SHIH-CHANG LU XXX-XX-XXXX EVA MRUK P00543254 2122862600 2023-03-29 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z MARGARET HONEY 47-01 111TH STREET CORONA NY 11368 27573568 0 X HTTP://WWW.NYSCI.ORG X 1964 NY THE NEW YORK HALL OF SCIENCE (NYSCI) IS NEW YORK CITY'S PREMIER INTERACTIVE MUSEUM OF SCIENCE 41 41 193 53 0 0 14108594 22072440 756301 888425 901303 703462 87484 481816 15853682 24146143 500542 682084 0 0 9673976 9661165 163325 0 742055 7358417 9154826 17696260 19498075 -1842578 4648068 56142765 55888000 6624152 4341064 49518613 51546936 X NYSCI'S MISSION IS TO NURTURE GENERATIONS OF PASSIONATE LEARNERS, CRITICAL THINKERS, AND ACTIVE CITIZENS THROUGH DESIGN MAKE PLAY - A NOVEL APPROACH TO LEARNING AND ENGAGEMENT THAT DRAWS UPON RESEARCH ON DEEPER LEARNING AND SUPPORTS THE CREATION OF LEARNING EXPERIENCES THAT DEVELOP CRITICAL THINKING, KNOWLEDGE INTEGRATION, CREATIVITY, AND INNOVATION. THE INSTITUTION'S ASPIRATION IS TO CREATE RESOURCES THAT HAVE A MEASURABLE AND SCALABLE IMPACT ON HOW PEOPLE LEARN. THE MUSEUM ANCHORS AND INSPIRES ALL NYSCI'S WORK, FOSTERING PUBLIC ENGAGEMENT IN STEM, AND SUPPORTING YOUTH PROGRAMMING, EDUCATION OFFERINGS, AND RESEARCH. THE INSTITUTION HAS DEVELOPED INNOVATIVE PRODUCTS TO EXTEND LEARNING FAR BEYOND THE MUSEUM WALLS, AND ITS EXTENSIVE NETWORK OF PARTNERSHIPS DEEPENS AND BROADENS ITS IMPACT, LOCALLY, AND AROUND THE WORLD. 0 0 7015572 0 652303 MUSEUM EXPERIENCES:NYSCI IS THE LARGEST HANDS-ON SCIENCE MUSEUM IN NEW YORK, WELCOMING HUNDREDS OF THOUSANDS OF VISITORS A YEAR, AND REACHING A MILLION PEOPLE AROUND THE WORLD THROUGH DIGITAL PLATFORMS. IT OFFERS ONE-OF-A-KIND OPPORTUNITIES TO LEARN THROUGH EXHIBITIONS, AS WELL AS LARGE-SCALE EXPERIENCES, COMMUNITY-ANCHORED AFTER-SCHOOL PROGRAMS AND CAMPS, MAKER SPACE WORKSHOPS, AND ACADEMIC CONFERENCES.NYSCI HAS PROGRAMS FOR EVERY AGE AND LEVEL OF SCIENTIFIC INTEREST, FROM TODDLERS TO ADULTS, CASUAL VISITORS TO FUTURE STEM PROFESSIONALS. THESE INCLUDE NYSCI AFTER DARK, WHICH BRINGS 20- AND 30-SOMETHINGS TO SPECIAL AFTER-HOURS PROGRAMS ON SUBJECTS LIKE BEEKEEPING, ASTRONOMY, AND THE DESIGN OF HOLLYWOOD SPECIAL EFFECTS; DESIGNERS-IN-RESIDENCE PROGRAMS, WHICH PAIRS WORKING SCIENTISTS WITH PROFESSIONAL ARTISTS AND DESIGNERS TO DISCOVER NEW WAYS OF ACCESSING THE SCIENTIFIC CONCEPTS BEHIND THE EXHIBITS; AN AUTISM ACCESS INITIATIVE, WHICH PROVIDES PROGRAMS AND RESOURCES TO FAMILIES OF NEURODIVERSE LEARNERS; AND A STEM EXPO, WHICH GIVES YOUTH A PLATFORM TO LEARN ABOUT EDUCATIONAL AND CAREER OPPORTUNITIES IN STEM. 4684283 508312 0 RESEARCH AND DEVELOPMENT: NYSCI IS A DYNAMIC LABORATORY FOR LEARNING. FOUR DOCTORATE-LEVEL LEARNING SCIENTISTS AND 50 SCIENCE EDUCATORS, EXHIBIT DEVELOPERS, AND PROGRAM EXPERTS CARRY OUT AND APPLY RESEARCH TO BUILD AN UNDERSTANDING OF HOW TO DESIGN AND IMPLEMENT INNOVATIVE, INCLUSIVE AND ENGAGING APPROACHES TO CREATIVE STEM LEARNING FOR DIVERSE AUDIENCES. NYSCI'S RESEARCH INFORMS THE DESIGN OF ALL OF THE EXHIBITS, THE PROGRAMS FOR YOUTH, COMMUNITY MEMBERS AND EDUCATORS, AND ITS GROUNDBREAKING DIGITAL APPS AND GAMES. BEYOND NYSCI, THIS WORK IS BUILDING AN EVIDENCE BASE FOR SUCCESSFUL INFORMAL STEM EDUCATION WITH DIVERSE AUDIENCES.THROUGH RESEARCH GRANTS FROM THE U.S. NATIONAL SCIENCE FOUNDATION, DEPARTMENT OF EDUCATION, NATIONAL INSTITUTES OF HEALTH, AND PRIVATE SUPPORTERS, NYSCI RESEARCHERS ARE INVESTIGATING TOPICS RANGING FROM HOW TO DESIGN EXHIBITS THAT ARE INVITING AND ENGAGING FOR FAMILY GROUPS FROM DIVERSE CULTURAL AND LINGUISTIC BACKGROUNDS, TO TESTING THE EFFICACY OF A DIGITAL GAME THAT INTEGRATES COMPUTATIONAL THINKING INTO MIDDLE SCHOOL CURRICULA. THIS RESEARCH HELPS NYSCI CREATE INNOVATIVE PROGRAMS FOR FAMILIES AND EDUCATORS; OFFER EQUITABLE OPPORTUNITIES FOR LEARNERS TO DISCOVER THE IMPACT THEY CAN HAVE ON THE WORLD AROUND THEM; DESIGN PLAYFUL, INVITING PATHWAYS INTO UNDERSTANDING COMPLEX SYSTEMS LIKE THE ENVIRONMENT, CITIES, AND DIGITAL NETWORKS; AND INSPIRE A DIVERSE GENERATION OF YOUNG PEOPLE TO PURSUE CAREERS IN SCIENCE, TECHNOLOGY, ENGINEERING AND MATH. 3653531 173772 302174 EDUCATION:NYSCI IS ONE OF THE MOST SUCCESSFUL DEVELOPERS OF DIVERSE STEM TALENT IN THE UNITED STATES. A TRAJECTORY OF LEARNING PATHWAYS INCLUDES OPPORTUNITIES FOR STUDENTS FROM PRE-K TO COLLEGE TO GAIN STEM COMPETENCIES, LEARN 21ST CENTURY SKILLS, AND DISCOVER PATHWAYS TO ACADEMIC AND CAREER SUCCESS. THIS YEAR, NYSCI IMPLEMENTED 367 ONSITE, OFFSITE AND VIRTUAL STEM PROGRAMS TO 813 TEACHERS, 7,000 K-12TH GRADE STUDENTS AND OVER 17,000 FAMILIES (PARENTS & CHILDREN). THROUGH AFTER-SCHOOL PROGRAMS AND CAMPS, DOZENS OF ELEMENTARY AND MIDDLE SCHOOL STUDENTS PARTICIPATED IN A VARIETY OF SCIENCE INVESTIGATIONS (ASTRONOMY, DNA BARCODING, ENGINEERING) AND USED DESIGN-THINKING APPROACHES TO CREATE THEIR OWN SOLUTIONS. AND NEARLY 1,000 HIGH SCHOOL AND COLLEGE STUDENTS TOOK ADVANTAGE OF EXPERIENCES THAT CONNECTED THEM TO STEM PROFESSIONALS AND HELPED THEM ACQUIRE IMPORTANT SKILLS NECESSARY TO SUCCEED IN COLLEGE AND CAREERS.NYSCI ALSO RESPONDS TO THE NEEDS OF ITS LOCAL COMMUNITY AND COMMUNITY SCHOOL DISTRICT 24, PROVIDING EDUCATIONAL OPPORTUNITIES THROUGH PROGRAMMING SUCH AS FAMILY WORKSHOPS, SPECIAL EVENTS, COMMUNITY DAYS, AND TEACHER PROFESSIONAL LEARNING PROGRAMS. NYSCI ALSO COLLABORATES WITH THE NEW YORK CITY DEPARTMENT OF EDUCATION THROUGH THE PRE-K CENTER THAT OPENED ON CAMPUS IN SEPTEMBER 2022, PROVIDING SCIENCE COACHING TO TEACHERS AND SPECIAL PROGRAMMING FOR THE MORE THAN 300 FAMILIES WITH CHILDREN ENROLLED IN THE SCHOOL. NYSCI ALSO CO-FOUNDED AND CONTINUES TO CONTRIBUTE TO THE ELMHURST CORONA RECOVERY COLLABORATIVE, A COOPERATIVE EFFORT OF LOCAL NON-PROFITS AND COMMUNITY GROUPS TO PROVIDE DIRECT SERVICES AND RESOURCES TO THE COMMUNITY IN THE AFTERMATH OF THE COVID-19 PANDEMIC. NYSCI HAS HOSTED FOOD DRIVES, MEDICAL CLINICS, AND SPECIAL EVENTS THAT HAVE REACHED TENS OF THOUSANDS OF LOCAL RESIDENTS THROUGH THESE COLLABORATIVE EFFORTS. 1252388 0 0 THROUGH NYSCI'S SIGNATURE YOUTH EMPLOYMENT AND EMPOWERMENT PROGRAM, THE SCIENCE CAREER LADDER, 98 HIGH SCHOOL AND COLLEGE STUDENTS WORKED AS EXPLAINERS. EXPLAINERS WORK AT NYSCI ON AVERAGE FOR 2 1/4 YEARS AS MUSEUM FACILITATORS, FOSTERING FUN AND INCLUSIVE STEM LEARNING BY RECOGNIZING AND GUIDING VISITORS' INTERESTS, NURTURING THEIR CURIOSITY AND ENCOURAGING AGENCY IN APPROACHING STEM-BASED ACTIVITIES, CHALLENGES AND QUESTIONS THROUGHOUT THE MUSEUM. THEY ALSO HOLD RESIDENCIES AND FELLOWSHIPS WITH DESIGNERS, ENGINEERS, RESEARCHERS AND ARTISTS TO CO-CREATE EXHIBITS, PROGRAMS, ONLINE CONTENT AND ENGAGING ACTIVITIES FOR NYSCI'S AUDIENCE. IN THE PROCESS, EXPLAINERS ACQUIRE COMMUNICATION SKILLS AND CONFIDENCE; STEM LITERACY, KNOWLEDGE, AND HABITS OF MIND; AND EXPERIENCE WITH INQUIRY-BASED TEACHING AND LEARNING. THEY ENGAGE IN THE KIND OF DEEPER THINKING AND DISCOVERY THAT IS THE BEDROCK FOR DEVELOPING THE SKILLS, AGENCY AND CONFIDENCE TO SUCCEED IN COLLEGE AND IN THE 21ST CENTURY TECHNOLOGY WORKFORCE. OVER THE LAST THREE DECADES, 95 PERCENT OF THE YOUNG PEOPLE PARTICIPATING IN THIS PROGRAM HAVE GONE ON TO COLLEGE, WITH 70 PERCENT DECLARING MAJORS IN STEM. IN THIS YEAR'S COHORT, 93% RESIDED IN QUEENS, AND 86% WERE PEOPLE OF COLOR AS DEFINED BY NEW YORK CITY DEPARTMENT OF CULTURAL AFFAIRS (NYC DCLA). 1252388 0 0 16605774 1 1 0 1 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 70 0 193 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 41 41 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X MARGARET HONEY PRESIDENT & CEO 7186990005 47-01 111TH STREET CORONA NY 11368 TIMOTHY J TYNAN CO-CHAIR 2.00 X X 0 0 0 MINERVA TANTOCO CO-CHAIR 2.00 X X 0 0 0 STUART FISCHER SECRETARY 2.00 X X 0 0 0 MARTIN R KUPFERBERG TREASURER 2.00 X X 0 0 0 ELLEN S BAKER TRUSTEE 1.00 X 0 0 0 GILDA A BARABINO TRUSTEE 1.00 X 0 0 0 AL BUNSHAFT TRUSTEE 1.00 X 0 0 0 DAVID CHRISTMAN TRUSTEE 1.00 X 0 0 0 DAVID CHUBAK TRUSTEE 1.00 X 0 0 0 FRANCISCO D'SOUZA TRUSTEE 1.00 X 0 0 0 ROBERT DAVIS TRUSTEE 1.00 X 0 0 0 ATUL DUBEY TRUSTEE 1.00 X 0 0 0 SETH H DUBIN TRUSTEE 1.00 X 0 0 0 BRIDGET ENGLE TRUSTEE 1.00 X 0 0 0 ANNA M EWING TRUSTEE 1.00 X 0 0 0 JOSEPH R FICALORA TRUSTEE 1.00 X 0 0 0 MICHAEL B FREEDMAN TRUSTEE 1.00 X 0 0 0 DARIO GIL TRUSTEE 1.00 X 0 0 0 EDWARD D HOROWITZ TRUSTEE 1.00 X 0 0 0 FRANS JOHANSSON TRUSTEE 1.00 X 0 0 0 SRINI KALAPALA TRUSTEE 1.00 X 0 0 0 MARY E KELLY TRUSTEE 1.00 X 0 0 0 JAMES KOREIN TRUSTEE, THRU 2022 1.00 X 0 0 0 HENDRIK LAMMERS TRUSTEE 1.00 X 0 0 0 YVONNE LIU TRUSTEE 1.00 X 0 0 0 MARY JANE MCCARTNEY TRUSTEE, THRU 2022 1.00 X 0 0 0 LOUIS MODANO TRUSTEE 1.00 X 0 0 0 MARTEZ R MOORE TRUSTEE 1.00 X 0 0 0 JACLYN A MUCARIA TRUSTEE 1.00 X 0 0 0 SUDHIR NAIR TRUSTEE 1.00 X 0 0 0 MICHELLE NEAL TRUSTEE 1.00 X 0 0 0 SHAKA RASHEED TRUSTEE 1.00 X 0 0 0 FREDERICK ROYALL III TRUSTEE 1.00 X 0 0 0 STEPHEN H SANDS TRUSTEE 1.00 X 0 0 0 LINDA S SANFORD TRUSTEE 1.00 X 0 0 0 ANIL SHRIVASTAVA TRUSTEE 1.00 X 0 0 0 ALAN SINSHEIMER TRUSTEE 1.00 X 0 0 0 STEVEN THOGMARTIN TRUSTEE 1.00 X 0 0 0 LISA M THOMAS TRUSTEE 1.00 X 0 0 0 IAN TROMBLEY TRUSTEE 1.00 X 0 0 0 MELISSA G VAIL TRUSTEE 1.00 X 0 0 0 JAMES S WIENER TRUSTEE 1.00 X 0 0 0 ALEXANDRA ZUBKO TRUSTEE 1.00 X 0 0 0 MARGARET HONEY PRESIDENT & CEO 35.00 X 323261 0 48169 SHIH-CHANG LU CHIEF FINANCIAL & OPERATING OFFICER 35.00 X 194828 0 24568 BRIAN AVENIUS CHIEF MARKETING OFFICER 35.00 X 189922 0 60049 KIRYN HOFFMAN CHIEF DEVELOPMENT OFFICER 35.00 X 199861 0 52909 KATHERINE MCMILLAN CULP CHIEF LEARNING OFFICER 35.00 X 196146 0 22348 STEPHEN MILES UZZO CHIEF SCIENTIST 35.00 X 140019 0 64568 PRIYA MOHABIR SVP, YOUTH DEVELOPMENT 35.00 X 155025 0 45579 SYLVIA PEREZ VP, EDUCATION SERVICES 35.00 X 128944 0 16650 SAMUEL LITT DIRECTOR OF INFORMATION TECHNOLOGY 35.00 X 135839 0 19791 GERWIN EJE CONTROLLER 35.00 X 134778 0 50569 1798623 0 405200 13 0 1 0 UPPER EAST SIDE RESTORATION INC 326 EAST 65TH STREET SUITE 212 NEW YORK NY 10065 WATER DAMAGE REMEDIATION 912191 MILLWRIGHT LLC 304 MESEROLE STREET BROOKLYN NY 11206 EXHIBIT FABRICATION AND INSTALLATION 339949 BAY CARPET 65-04 MYRTLE AVENUE GLENDALE NY 11385 CARPET INSTALLATION 199975 PRESPECTIVE CONSTRUCTION COMPANY LLC 21 BAY 37TH STREET BROOKLYN NY 11214 BUILDING REPAIRS 192890 ANTARCTIC CREATIVE LLC 28 COOK STREET 4R BROOKLYN NY 11206 NYSCI WEBSITE REDESIGN 113037 6 191722 1420441 10104899 10355378 1206856 22072440 ADMISSIONS 713990 598921 598921 EDUCATION/TRAINING 611710 145973 145973 PUBLIC PROGRAMS 611710 143531 143531 888425 118541 118541 126735 6850 119885 119885 119885 3679068 3094147 584921 584921 584921 151410 1420441 276644 -125234 -125234 115836 49784 66052 66052 PARKING LOT INCOME 812930 411567 411567 MISCELLANEOUS INCOME 900099 9546 9546 421113 24146143 954477 0 1119226 682084 682084 1393656 224079 915643 253934 5833785 5285267 432576 115942 575488 521945 34938 18605 1254564 1036272 162176 56116 603672 469426 98368 35878 13332 144 13188 76800 76800 89005 89005 50005 50005 707496 661854 45642 305845 260425 39089 6331 433493 402989 14201 16303 332332 176325 87723 68284 3257 3257 64207 48323 9746 6138 15451 7908 7397 146 54367 54367 4873675 4745792 77946 49937 352068 343612 5235 3221 NONCAPITALIZED EQUIP. 1183666 1181404 1092 1170 EXHIBIT RENTAL & MAINT. 463236 398354 7845 57037 OTHER OPERATING EXPENSE 72531 37887 27273 7371 BAD DEBT EXPENSE 45829 45829 18231 18231 19498075 16605774 2150246 742055 2344807 4852193 4481125 7283673 435212 159001 0 43139 228723 284463 94478810 60987836 38090666 33490974 10562232 9774557 56142765 55888000 1300909 1553358 187706 199994 5135537 2587712 6624152 4341064 X 39470755 42404720 10047858 9142216 49518613 51546936 56142765 55888000 X 4648068 -1566211 -1053534 X X 0 1 X 1 1 1 X 10502888 14316314 17188534 14086094 22072440 78166270 575318 538221 573345 558780 570660 2816324 11078206 14854535 17761879 14644874 22643100 80982594 3756547 77226047 695358 758652 487732 229087 245276 2416105 162675 170200 0 0 0 332875 542646 410949 367478 32278 421113 1774464 85506038 11054201 0.90320 0.92030 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2017 AMOUNT: $ 79,144. 2018 AMOUNT: $ 79,923. 2019 AMOUNT: $ 78,177. 2020 AMOUNT: $ 32,278. 2021 AMOUNT: $ 9,546. PARKING INCOME - 2017 AMOUNT: $ 288,186. 2018 AMOUNT: $ 165,378. 2019 AMOUNT: $ 161,823. 2021 AMOUNT: $ 411,567. RESTAURANT/STORE - 2017 AMOUNT: $ 175,316. 2018 AMOUNT: $ 165,648. 2019 AMOUNT: $ 127,478. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 87538 0 1 1467 89005 0 PART II-B, LINE 1: NEW YORK HALL OF SCIENCE HAS RETAINED COUNSEL TO MONITOR APPROPRIATIONS ACTIVITY AND CONTACT GOVERNMENT OFFICIALS REGARDING SCIENCE FUNDING AND FUNDING FOR NYSCI WITH RESPECT TO THE UNITED STATES, NEW YORK STATE AND NEW YORK CITY GOVERNMENTS. OTHER LOBBYING ACTIVITIES REPORTED ON LINE 1I REPRESENTS THE PORTION OF MEMBERSHIP DUES, PAID BY THE ORGANIZATION TO TRADE OR PROFESSIONAL ASSOCIATIONS, ATTRIBUTABLE TO LOBBYING ACTIVITIES. X X 0 4270716 62607 -379026 0 328974 23313 3602010 3723871 60115 891130 0 382677 21723 4270716 4251045 166981 141102 0 811684 23573 3723871 3145386 1294853 306158 0 472449 22903 4251045 3003701 0 281922 0 116804 23433 3145386 0.73940 0.14130 0.11930 0 0 93625443 60549532 33075911 682810 300665 382145 170557 137639 32918 33490974 LEASE PAYABLE 80284 PAYCHECK PROTECTION PROGRAM LOAN 2000000 SBA ECONOMIC INJURY DISASTER LOAN PAYABLE 507428 2587712 X 23454318 -1566211 640897 283494 -641820 24096138 50005 50005 24146143 21425995 640897 1337028 1977925 19448070 50005 50005 19498075 PART III, LINE 1A: CONSISTENT WITH THE POLICY OF MANY MUSEUMS, PURCHASES FOR USE AS EXHIBITS AND PROGRAMS ARE NOT CAPITALIZED. PART III, LINE 4: NYSCI HAS EIGHT MAJOR GALLERY AREAS, MULTIPLE SMALLER EXHIBIT SPACES, AND THREE MAJOR OUTDOOR EXHIBITION AREAS. ALL OF THESE SPACES HOUSE EXHIBITS THAT ENGAGE VISITORS IN ACTIVE, CREATIVE STEM LEARNING, WHICH IS AT THE CORE OF NYSCI'S MISSION. THE MAJORITY OF NYSCI'S EXHIBITIONS ARE NOT ARTIFACT-BASED. RATHER, THE EXHIBITIONS ARE DESIGNED TO PROVOKE FORMS OF COLLABORATION, INVESTIGATION, AND EXPLORATION THAT HELP LEARNERS UNDERSTAND STEM TOPICS AND BIG IDEAS, DEVELOP SCIENCE- AND ENGINEERING-BASED PROBLEM-SOLVING PRACTICES, AND DEVELOP THE HABITS OF MIND THAT SUPPORT CRITICAL THINKING, SCIENTIFIC REASONING AND CURIOSITY ABOUT THE NATURAL AND THE DESIGNED WORLD. NYSCI DOES HOLD ARTIFACTS RELATED TO TWO TOPICS: SPACE EXPLORATION AND MATHEMATICS. SINCE ITS FOUNDING IN 1964, NYSCI HAS HAD A CONTINUOUS FOCUS ON THE WONDERS OF SPACE EXPLORATION. THE OUTDOOR ROCKET PARK IS HOME TO A GEMINI-TITAN II ROCKET, MERCURY-ATLAS D ROCKET, AND SATURN V F-1 ENGINE. AN ORIGINAL MERCURY CAPSULE ALSO HANGS INDOORS. ALL OF THESE ARTIFACTS EMBODY THE COLLABORATIVE, AMBITIOUS, CREATIVE INTEGRATION OF BASIC SCIENCE AND CUTTING-EDGE ENGINEERING THAT ARE AT THE HEART OF NYSCI'S MISSION. THE ORIGINAL MATHEMATICA EXHIBIT, DESIGNED BY RAY AND CHARLES EAMES AND DEBUTED AT THE CALIFORNIA MUSEUM OF SCIENCE AND INDUSTRY IN 1961, HAS BEEN AT NYSCI SINCE 2001. THIS EXHIBITION INCLUDES MULTIPLE EXHIBIT PIECES THAT ARE BOTH BEAUTIFUL, UNIQUE EXAMPLES OF MID-CENTURY AMERICAN DESIGN AND CREATIVE, EDUCATIVE EXPERIENCES THAT ENGAGE VISITORS WITH MATHEMATICAL PATTERNS AND SYSTEMS THAT ARE FOUNDATIONAL TO EXPERIENCES OF THE EVERYDAY WORLD. LIKE THE NASA ROCKETS, MATHEMATICA EMBODIES NYSCI'S COMMITMENT TO ENGAGING VISITORS WITH THE INTERSECTION OF SCIENCE AND ENGINEERING, EXPLORING HOW NATURAL PHENOMENA ARE DESCRIBED THROUGH MATHEMATICAL AND SCIENTIFIC PRINCIPLES, HOW THOSE PHENOMENA SHAPE PEOPLE'S EXPERIENCE OF THE WORLD, AND HOW INNOVATION IS DRIVEN BY THE ABILITY TO DRAW ON SCIENTIFIC KNOWLEDGE AND APPLY IT, THROUGH ENGINEERING, TO IMPROVING THE WORLD. PART V, LINE 4: NYSCI MAINTAINS VARIOUS DONOR RESTRICTED FUNDS WHOSE PURPOSE IS TO PROVIDE LONG-TERM SUPPORT FOR ITS PROGRAMS IN EXHIBITIONS, EDUCATION, PUBLIC PROGRAMS AND SPECIAL PROJECTS. PART X, LINE 2: NYSCI RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. MANAGEMENT HAS DETERMINED THAT NYSCI HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. NYSCI IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO FISCAL 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON PART VIII, LINE 6B 6,850. DIRECT EVENT EXPENSES REPORTED ON PART VIII, LINE 8B 276,644. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON PART VIII, LINE 6B 6,850. DIRECT EVENT EXPENSES REPORTED ON PART VIII, LINE 8B 276,644. FLOOD LOSS REPORTED ON PART XI, LINE 9 1,031,034. UNCOLLECTIBLE PELDGES REPORTED ON PART XI, LINE 9 22,500. GALA 2021 1571851 1420441 151410 178121 82 98441 1571851 1420441 151410 178121 82 98441 276644 -125234 1 AMERICAN INSTITUTE FOR RESEARCH IN THE BEHAVIORAL SCIENCES 1000 THOMAS JEFFERSON STREET - NW WASHINGTON DC 20007 250965219 501(C)(3) 374232 0 SEE PART IV EDUCATION DEVELOPMENT CENTER INC 300 5TH AVENUE SUITE 2010 WALTHAM MA 02451 042241718 501(C)(3) 127025 0 SEE PART IV NEW YORK STATE ASSOCIATION FOR COMPUTERS AND TECHNOLOGY IN EDUCATION 8 AIRPORT PARK BOULEVARD LATHAM NY 12110 222910215 501(C)(3) 78918 0 SEE PART IV PARTICIPATE INC 201 SAGE ROAD SUITE 200 CHAPEL HILL NC 27514 832517260 501(C)(3) 93153 0 SEE PART IV 4 0 PART I, LINE 2: THE SUBCONTRACTOR IS REQUIRED TO SUBMIT A BUDGET FOR APPROVAL. ONCE APPROVED, NYSCI MAINTAINS THE BUDGET IN ITS ACCOUNTING SYSTEM AND MONITORS GRANT EXPENSES AGAINST THIS BUDGET. PAYMENT TO THE SUBCONTRACTOR IS USUALLY IN THE FORM OF REIMBURSEMENTS. SUBCONTRACTOR IS REQUIRED TO SUBMIT RECEIPTS AND SUPPORTING DOCUMENTATION IN ORDER TO BE REIMBURSED. DEPENDING ON THE PROJECT, INTERIM PROGRESS REPORTS MAY BE REQUIRED. A FINAL REPORT AND ACCOUNTING STATEMENT IS USUALLY REQUIRED AT THE END OF THE PROJECT. AT ITS DISCRETION, NYSCI RESERVES THE RIGHT TO AUDIT THE SUBCONTRACTOR'S FINANCIAL RECORDS. NYSCI, AS A RECIPIENT OF GRANT FUNDS, IS RESPONSIBLE FOR THE ADMINISTRATIVE, FINANCIAL, AND PROGRAMMATIC MONITORING OF ALL AWARDS MADE TO SUB RECIPIENTS. SUB-AWARDS ARE SUBJECT TO PRE-AWARD RISK ASSESSMENT, PRIOR TO ISSUANCE OF SUB-AGREEMENT. THE TERMS OF MONITORING ARE GENERALLY OUTLINED IN THE CONTRACT. THE PI IS RESPONSIBLE FOR MONITORING THE PROGRAMMATIC DELIVERABLES AND PERFORMANCE (TYPICALLY, SUB-RECIPIENTS NEED TO SUBMIT AT LEAST AN ANNUAL PROGRESS REPORT AND THEY HAVE PERIODIC CHECK-IN MEETINGS). FINANCE IS RESPONSIBLE FOR MONITORING THE INSTITUTION-LEVEL COMPLIANCE, SUCH AS REVIEWING ANNUAL SINGLE AUDIT REPORTS OF THE ORGANIZATION, AND REVIEWING FINANCIAL REPORTS, COST SHARE REPORT, AND SPENDING. TO BE ISSUED A SUB-AWARD, THE SUB-RECIPIENT MUST BE INCLUDED IN THE FEDERAL PROPOSAL. WE WILL NOT ISSUE A SUB-AWARD IF THEY ARE NOT LISTED IN THE APPROVED PROPOSAL (THIS WOULD REQUIRE A PRIOR APPROVAL FROM THE FEDERAL AGENCY). THE SUB-RECIPIENT IS A COLLABORATOR THAT THE PI SELECTS TO CARRY OUT PART OF THE SCOPE OF THE GRANT WORK. THEY NEED TO SUBMIT A LETTER OF INTENT, BUDGET AND BUDGET NARRATIVE TO BE CONSIDERED. FORM 990, SCHEDULE I, PART II. LINE 1, COL (H): GRANT PURPOSE THE PURPOSE OF GRANT ASSISTANCE TO DOMESTIC ORGANIZATIONS IS AS FOLLOWS: 1. AMERICAN INSTITUTE FOR RESEARCH IN THE BEHAVIORAL SCIENCES: PAYMENT FOR SERVICES RENDERED IN CONNECTION WITH A FEDERAL GRANTS FOCUSING ON EDUCATION INNOVATION AND RESEARCH. 2. EDUCATION DEVELOPMENT CENTER, INC.: PAYMENT FOR SERVICES RENDERED IN CONNECTION WITH A FEDERAL RESEARCH GRANT FOCUSING ON EDUCATION AND HUMAN RESOURCES. 3. NEW YORK STATE ASSOCIATION FOR COMPUTERS AND TECHNOLOGY IN EDUCATION: PAYMENT FOR SERVICES RENDERED IN CONNECTION WITH A FEDERAL GRANT FOCUSING ON EDUCATION INNOVATION AND RESEARCH. 4. PARTICIPATE, INC.: PAYMENT FOR SERVICES RENDERED IN CONNECTION WITH A FEDERAL GRANT FOCUSING ON EDUCATION INNOVATION AND RESEARCH. X X X X 0 0 0 0 0 0 0 1 0 MARGARET HONEY PRESIDENT & CEO 304403 0 0 0 18858 0 32468 0 15701 0 371430 0 0 0 KIRYN HOFFMAN CHIEF DEVELOPMENT OFFICER 194689 0 5000 0 172 0 22984 0 29925 0 252770 0 0 0 BRIAN AVENIUS CHIEF MARKETING OFFICER 184545 0 5000 0 377 0 22200 0 37849 0 249971 0 0 0 SHIH-CHANG LU CHIEF FINANCIAL & OPERATING OFFICER 193573 0 0 0 1255 0 24420 0 148 0 219396 0 0 0 KATHERINE MCMILLAN CULP CHIEF LEARNING OFFICER 189769 0 5000 0 1377 0 22200 0 148 0 218494 0 0 0 STEPHEN MILES UZZO CHIEF SCIENTIST 135045 0 1000 0 3974 0 17238 0 47330 0 204587 0 0 0 PRIYA MOHABIR SVP, YOUTH DEVELOPMENT 149755 0 5000 0 270 0 16659 0 28920 0 200604 0 0 0 GERWIN EJE CONTROLLER 129543 0 5000 0 235 0 14985 0 35584 0 185347 0 0 0 SAMUEL LITT DIRECTOR OF INFORMATION TECHNOLOGY 129616 0 5000 0 1223 0 14874 0 4917 0 155630 0 0 0 PART I, LINE 7 CERTAIN INDIVIDUALS INCLUDED IN SCHEDULE J, PART II RECEIVED A DISCRETIONARY BONUS DURING CALENDAR YEAR 2021, WHICH WAS INCLUDED IN COLUMN B(II) HEREIN AND IN THEIR 2021 FORM W-2, BOX 5, AS TAXABLE MEDICARE WAGES. X 7 125079 AVG. SELLING PRICE X EQUIP./PROP. 2 1081777 COST 0 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS. FORM 990, PART I, LINE 1 THE NEW YORK HALL OF SCIENCE (NYSCI) IS NEW YORK CITY'S PREMIER INTERACTIVE MUSEUM OF SCIENCE AND TECHNOLOGY, AS WELL AS A GLOBAL LEADER IN STEM EDUCATION AND A LABORATORY FOR NEW FORMS OF LEARNING. FOUNDED DURING THE 1964 - 1965 WORLD'S FAIR, NYSCI IS RECOGNIZED FOR GROUNDBREAKING EXHIBITIONS, INNOVATIVE EDUCATIONAL PROGRAMS, YOUTH DEVELOPMENT AND MENTORSHIP, TEACHER PROFESSIONAL DEVELOPMENT INITIATIVES, AND LARGE-SCALE EVENTS THAT DRAW CHILDREN AND ADULTS INTO HANDS-ON STEM LEARNING. NYSCI'S MISSION IS TO NURTURE GENERATIONS OF PASSIONATE LEARNERS, CRITICAL THINKERS, AND ACTIVE CITIZENS THROUGH DESIGN MAKE PLAY A NOVEL APPROACH TO LEARNING AND ENGAGEMENT THAT DRAWS UPON RESEARCH ON DEEPER LEARNING AND SUPPORTS THE CREATION OF LEARNING EXPERIENCES THAT DEVELOP CRITICAL THINKING, KNOWLEDGE INTEGRATION, CREATIVITY, AND INNOVATION. LIKE MANY CULTURAL INSTITUTIONS, NYSCI WAS DEEPLY IMPACTED BY THE GLOBAL COVID-19 PANDEMIC. DURING THE MUSEUM'S CLOSURE TO THE PUBLIC, BEGINNING IN MARCH 2020, THE MUSEUM WAS REFRESHED AND REVITALIZED WITH NEW EXHIBITIONS AND IMPROVED AMENITIES, AND REOPENED ON JULY 2, 2021. TRAGICALLY, JUST TWO MONTHS LATER, ON SEPTEMBER 1, 2021, THE REMNANTS OF HURRICANE IDA MOVED THROUGH QUEENS, DUMPING RECORD-BREAKING RAINFALL ACROSS THE BOROUGH AND DEVASTATING LARGE PARTS OF THE BUILDING WITH FLOOD WATER AND SEWAGE. THIS CRISIS REQUIRED THE MUSEUM TO SHUT ITS DOORS TO VISITORS ONCE AGAIN. GENEROUS FUNDING FROM PRIVATE SUPPORTERS ENABLED US TO REOPEN 70% OF THE MUSEUM IN FEBRUARY 2022. ON OCTOBER 15, 2022, NYSCI FULLY REOPENED, WELCOMING BACK NEW YORKERS OF ALL AGES TO RETURN TO PLAYFUL, ENGAGING SCIENCE EXPERIENCES, INCLUDING THREE NEW EXHIBITIONS POWERING THE CITY, HUMAN PLUS, AND SMALL DISCOVERIES. THE REOPENING EVENT WAS FREE TO THE PUBLIC, OFFERING ACCESS TO NEW AND ENHANCED EXHIBITS, HANDS-ON STEM ACTIVITIES, COMMUNITY PERFORMANCES, AND LIVE SCIENCE DEMOS. NASA ASTRONAUT DR. JEANETTE J. EPPS JOINED LOCAL, STATE, AND FEDERAL ELECTED OFFICIALS TO WELCOME MORE THAN 2,700 VISITORS AND REOPENED THE MUSEUM DOORS. AS A MEMBER OF NEW YORK CITY'S CULTURAL INSTITUTIONS GROUP, NYSCI WILL CONTINUE TO WORK WITH CITY STAKEHOLDERS ALONG WITH LOCAL, STATE, AND FEDERAL ELECTED OFFICIALS TO ADDRESS UNDERLYING ENGINEERING ISSUES SO THAT THIS KIND OF TRAGEDY CAN NEVER HAPPEN AGAIN. NYSCI, ALONG WITH CITY PARTNERS (DCLA, DEP, PARKS, AND OTHERS), MUST UNDERTAKE A MASSIVE AND COMPREHENSIVE APPROACH TO MITIGATION TO ENSURE THE BUILDING WILL REMAIN SECURE FOR THE FUTURE. THE IDENTIFIED SOURCES OF FLOODING AT NYSCI INCLUDE SURFACE FLOW FROM ADJACENT STREETS, STORM SEWERS, AND NYC PARK LANDS INCLUDING THE PARKING LOTS NORTH AND EAST TO THE SITE. MULTIAGENCY COORDINATION AND COLLABORATION ARE CRITICAL TO ADDRESS THESE PROBLEMS. THE STAFF AND BOARD HAS CHARTED A COURSE TO NOT ONLY ENSURE THAT NYSCI WILL ENDURE, BUT THAT THE INSTITUTION IS EMERGING FROM THESE STRONGER AND MORE VIBRANT THAN EVER. WITHIN THE MUSEUM, AMONG THE COMMUNITIES NYSCI ENGAGES, AND THROUGH LEADERSHIP IN THE GLOBAL ARENA OF STEM LEARNING, THE INSTITUTION HAS REDOUBLED ITS EFFORTS TO CREATE IMPACTFUL EXPERIENCES THAT ENABLE YOUNG PEOPLE FROM DIVERSE BACKGROUNDS TO FEEL CONFIDENT AND EMPOWERED AS STEM LEARNERS. NYSCI IS MORE THAN NEW YORK CITY'S ONLY INTERACTIVE SCIENCE MUSEUM, AND THE LARGEST CULTURAL INSTITUTION IN QUEENS IT IS ALSO AN ESSENTIAL PARTNER TO THE LOCAL COMMUNITY. NYSCI'S DRIVE TO MAKE STEM EDUCATION ACCESSIBLE TO ALL STARTS AT HOME IN CORONA, QUEENS ONE OF THE MOST DIVERSE COMMUNITIES IN THE COUNTRY. NYSCI COLLABORATES WITH COMMUNITY MEMBERS, LOCAL SCHOOLS, AND COMMUNITY-BASED ORGANIZATIONS TO DEVELOP LEARNING OPPORTUNITIES THAT IMPROVE ACCESS TO STEM IN FUN AND EXCITING WAYS. THE MUSEUM HOSTS FREE WEEKLY COMMUNITY HOURS AND DELIVERS HANDS-ON SCIENCE AND ENGINEERING ACTIVITIES AT EVENTS THROUGHOUT THE LOCAL AREA. FREE FAMILY WORKSHOPS MAKE STEM AVAILABLE TO PARENTS IN CULTURALLY RELEVANT WAYS SO THEY FEEL COMFORTABLE AND CONFIDENT IN SUPPORTING THEIR CHILDREN'S LEARNING. NYSCI ALSO WORKS WITH PARTNERS IN THE ELMHURST CORONA RECOVERY COLLABORATIVE (ECRC) TO HELP FAMILIES ACCESS FOOD, JOBS, AND HEALTH AND EDUCATIONAL RESOURCES. THIS YEAR, ECRC PARTNERS DISTRIBUTED MORE THAN 1,000,000 MEALS TO COMMUNITY MEMBERS; PROVIDED 500,000 PEOPLE ACCESS TO PPE AND VACCINATION INFORMATION; AND MADE FREE RESOURCES AVAILABLE TO COMMUNITY MEMBERS AROUND HEALTH CARE, JOB TRAINING, AND STEM EDUCATIONAL PROGRAMMING. IN SEPTEMBER 2022, IN COLLABORATION WITH NEW YORK CITY'S DEPARTMENT OF EDUCATION, NYSCI OPENED A SCIENCE-THEMED PRESCHOOL ON CAMPUS. THE SCHOOL HAS THE CAPACITY TO SERVE MORE THAN 300 THREE AND FOUR-YEAR-OLDS FROM THE LOCAL COMMUNITY OF CORONA, QUEENS. BEYOND THE MUSEUM AND THE LOCAL COMMUNITY, NYSCI IMPACTS STUDENTS, FAMILIES, AND EDUCATORS THROUGH ITS DIGITAL RESOURCES AND PROGRAMS. DURING THE TEMPORARY CLOSURES DUE TO THE PANDEMIC AND THE HURRICANE DAMAGE, AND AS THE WORLD CAME TO RELY ON VIRTUAL LEARNING, NYSCI REACHED BEYOND THE MUSEUM'S WALLS TO SUPPORT OVER 1,000 EDUCATORS AND 10,000 STUDENTS THROUGH VIRTUAL FIELD TRIPS, A LIBRARY OF ONLINE DESIGN AND MAKING ACTIVITIES, AND STEM-FOCUSED PROFESSIONAL DEVELOPMENT PROGRAMMING FOR TEACHERS. NYSCI HAS ALSO CONTINUED TO ENGAGE THOUSANDS OF STUDENTS THROUGH FACILITATED ON-LINE PROGRAMMING AND THROUGH IMPACTFUL, CAREER-FOCUSED YOUTH INITIATIVES. FORM 990, PART VI, SECTION A, LINE 2 -BOARD OF TRUSTEE MEMBERS ALAN SINSHEIMER AND SETH DUBIN HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 4 ON SEPTEMBER 23, 2021, THE BYLAWS WERE AMENDED TO CHANGE THE QUALIFICATIONS FOR TRUSTEE EMERITUS ROLE ON THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE CHIEF FINANCIAL OFFICER ENGAGES AN EXTERNAL ACCOUNTING FIRM TO PREPARE THE FORM 990 AND REVIEWS IT WITH THE CHIEF EXECUTIVE OFFICER. THE FORM 990 IS THEN PROVIDED TO EACH VOTING BOARD MEMBER ELECTRONICALLY VIA EMAIL BEFORE FILING. THE CHIEF FINANCIAL OFFICER IN CONJUNCTION WITH THE CHIEF EXECUTIVE OFFICER, RESPONDS TO ANY COMMENTS AND QUESTIONS. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS AND SENIOR STAFF (WHICH INCLUDES ALL OFFICERS AND ALL NYSCI EMPLOYEES WHO ARE AT THE LEVEL OF DIRECTOR OR ABOVE) ARE SUBJECT TO NYSCI'S FORMAL CONFLICT OF INTEREST (TRANSPARENCY) POLICY, WHICH SPECIFIES CATEGORIES OF REQUIRED REPORTING AND BOARD REVIEW OF SPECIFIC ACTIVITIES AND RELATIONSHIPS. ALL NYSCI EMPLOYEES ARE SUBJECT TO NYSCI'S CONFLICT OF INTEREST POLICY, WHICH DESCRIBES PROHIBITIONS ON OUTSIDE WORK USING NYSCI TIME AND RESOURCES, INTERNAL REVIEW OF PROSPECTIVE OUTSIDE ACTIVITY, THE REQUIREMENT TO REPORT OUTSIDE COMPENSATION TO NYSCI, AND THE INSTITUTION'S WHISTLEBLOWER POLICY FOR REPORTING SUSPECTED VIOLATIONS OF CONFLICT OF INTEREST. PERSONNEL SUBJECT TO NYSCI'S TRANSPARENCY POLICY ARE REQUIRED TO REPORT ANNUALLY ON CONFLICTS OF INTEREST, AND ARE INSTRUCTED TO REPORT ANY POTENTIAL CONFLICTS UNDER THIS POLICY AT SUCH OTHER TIMES AS THESE MAY ARISE. ALL OTHER EMPLOYEES ARE INSTRUCTED TO REPORT POTENTIAL OR ACTUAL CONFLICTS OF INTEREST TO THEIR SUPERVISOR. BOARD MEMBERS AND SENIOR STAFF ARE ISSUED A QUESTIONNAIRE ANNUALLY WHICH INCLUDES ALL REQUIRED CATEGORIES OF DISCLOSURE AND REPORTING UNDER NYSCI'S TRANSPARENCY POLICY. COMPLETION OF THE QUESTIONNAIRE IS MANDATORY FOR ALL BOARD MEMBERS AND SENIOR STAFF. THE MOST RECENT QUESTIONNAIRES WERE COMPLETED IN AUGUST 2020. THERE ARE NO MANDATORY ANNUAL DISCLOSURES FOR OTHER PERSONNEL. IF A CONFLICT ARISES AT THE TRUSTEE OR OFFICER LEVEL, THIS IS REPORTED TO THE BOARD AND REVIEWED BY THE BOARD CHAIR'S DESIGNEE FOR DETERMINATION OF ACTION. IF AN EMPLOYEE CONFLICT OF INTEREST IS BROUGHT TO THE ATTENTION OF NYSCI, THIS IS ADDRESSED WITH THE EMPLOYEE AT THE SUPERVISORY LEVEL, IN CONSULTATION WITH SENIOR MANAGEMENT AS NEEDED, AND A DETERMINATION IS MADE AS TO THE NECESSARY COURSE OF ACTION TO ELIMINATE OR MITIGATE THE CONFLICT. NYSCI'S WHISTLEBLOWER POLICY ALSO ADDRESSES REPORTING OF SUSPECTED EMPLOYEE UNETHICAL BEHAVIOR, INCLUDING UNALLOWABLE CONFLICTS OF INTEREST; IN THESE INSTANCES, EMPLOYEES MAY REPORT TO A SUPERVISOR OR TO THE DESIGNATED COMPLIANCE OFFICER (CURRENTLY THE DIRECTOR OF HUMAN RESOURCES), WHO INVESTIGATES AND REPORTS TO THE BOARD FINANCE AND AUDIT COMMITTEE FOR RESOLUTION. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE CEO IS REVIEWED AND APPROVED BY THE CO-CHAIRS AND THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. PERSONS WITH POTENTIAL CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENTS DO NOT PARTICIPATE. THE CO-CHAIRS AND THE EXECUTIVE COMMITTEE USE APPROPRIATE AND ADEQUATE DATA TO DETERMINE THE REASONABLENESS OF THE COMPENSATION BEING CONSIDERED AGAINST INDUSTRY STANDARDS. THE BOARD DISCUSSES THE COMPENSATION PACKAGE IN EXECUTIVE SESSION AT THE APPROPRIATE QUARTERLY BOARD MEETING, FOLLOWED BY A CLOSED-DOOR DISCUSSION WITH THE CEO. THE BOARD'S APPROVAL OF CHANGES TO THE CEO'S COMPENSATION, ALONG WITH ANY ASSOCIATED PERFORMANCE GOALS, ARE CAPTURED IN A FORMAL SIGNED AGREEMENT BETWEEN THE BOARD AND THE CEO. FOR KEY EMPLOYEES, THE CEO USES INDUSTRY STANDARDS SUBSTANTIATED BY APPROPRIATE DATA SUCH AS COMPENSATION SURVEYS, PERFORMANCE REVIEWS, AND A CONSIDERATION OF EQUITY AND PARITY WITHIN THE ORGANIZATION. WRITTEN AND SIGNED PERFORMANCE REVIEWS, WHICH INCLUDE FUTURE GOALS, ARE PREPARED AND DISCUSSED BETWEEN EACH KEY EMPLOYEE AND THE CEO. CHANGES TO A KEY EMPLOYEE'S COMPENSATION IS DOCUMENTED IN A WRITTEN MEMO FROM THE CEO TO THE KEY EMPLOYEE. DURING THE ANNUAL PERFORMANCE REVIEW PROCESS COMPENSATION IS EVALUATED AGAINST INTERNAL AND EXTERNAL BENCHMARKS WHICH INCLUDE INDUSTRY SPECIFIC NORMS. THE COMPENSATION REVIEW PROCESS WAS LAST CONDUCTED IN 2021. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. HARD COPIES ARE PROVIDED WITH A CHARGE TO THE RECIPIENT FOR POSTAGE. ELECTRONIC COPIES IN PDF FORMAT ARE PROVIDED FOR FREE. FORM 990, PART XI, LINE 9: FLOOD LOSS -1,031,034. WRITE-OFF OF UNCOLLECTIBLE PLEDGES -22,500. FORM 990, PART XII, LINE 2C: NYSCI HAS A COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THERE HAVE BEEN NO CHANGES IN THE OVERSIGHT PROCESS OF THE AUDIT OF NYSCI'S FINANCIAL STATEMENTS OR IN THE SELECTION PROCESS OF AN INDEPENDENT ACCOUNTANT WITHIN THIS TAX YEAR.