2023-05-15T10:59:20-05:00 2022-06-30 231144520 TAIT WELLER & BAKER LLP 50 SOUTH 16TH STREET SUITE 2900 PHILADELPHIA PA 19102 990 2021-07-01 203735162 THE MUSEUM OF FOOD AND DRINK MUSE 2013713550 950 FULTON STREET PO BOX 380857 BROOKLYN NY 11238 NAZLI PARVIZI PRESIDENT 2013713550 2023-05-15 1 NAZLI PARVIZI 999009999 HARRISON PEREIRA P00746867 2159798800 2023-05-13 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z NAZLI PARVIZI 950 FULTON STREET PO BOX 380857 BROOKLYN NY 11238 1191784 0 X WWW.MOFAD.ORG X 2005 NY MOFAD BRINGS THE WORLD OF FOOD TO LIFE WITH EXHIBITS YOU CAN TASTE, TOUCH AND SMELL. WE INSPIRE CURIOSITY ABOUT FOOD, WHAT IT MEANS AND HOW IT CONNECTS WITH THE WORLD AROUND US. 12 12 3 142 0 0 340241 1001695 116988 151088 0 0 12697 39001 469926 1191784 0 0 0 0 409469 468419 0 0 121570 216438 1501444 625907 1969863 -155981 -778079 1378855 300007 1103760 802991 275095 -502984 X MOFAD IS A NEW KIND OF MUSEUM THAT BRINGS THE WORLD OF FOOD TO LIFE WITH EXHIBITS YOU CAN TASTE, TOUCH, AND SMELL. WE INSPIRE PUBLIC CURIOSITY ABOUT FOOD, WHAT IT MEANS, AND HOW IT CONNECTS WITH THE WORLD AROUND US. 0 0 1669088 151088 PUBLIC PROGRAMS: MOFAD'S PUBLIC PROGRAMS ENCOMPASS A RANGE OF EDUCATIONAL, EXPERIENTIAL,AND HANDS-ON EVENT OFFERINGS SUCH AS COOKING DEMONSTRATIONS, SUBJECT MATTER EXPLORATIONS, AND COMMUNITY WORKSHOPS ORGANIZED AROUND KEY THEMES: "GLOBAL CULTURES, GLOBAL CUISINES," "DINNERS OF THE PAST," "EAT, DRINK, READ," "LAB'S LAB," "MOFAD @ NIGHT," "KIDS IN THE KITCHEN," "SEASONAL SPIRITS, AND "WILD FOODS." MULTIMEDIA PROJECT: MOFAD CITY IS A MULTIMEDIA PROJECT FIRST LAUNCHED IN COLLABORATION WITH EATER TO TELL THE STORIES OF FOOD CULTURES IN NEIGHBORHOODS AROUND THE COUNTRY. THE PROJECT AIMS TO PROMOTE AN APPRECIATION OF IMMIGRANT FOOD TRADITIONS AND TO INSPIRE THOUGHTFUL DISCUSSION AROUND THE MEANING OF AMERICAN CUISINE AS A UNIQUELY DIVERSE SET OF FOOD COMMUNITIES. DIGITALLY, THE PROJECT EXPANDS MOFAD'S EDUCATIONAL AND CULTURAL FOOTPRINT, ENSURING ACCESS TO THE MUSEUM'S CURATORIAL VISION AND ETHOS THROUGH SELF-GUIDED DIGITAL TOURS OF FOOD COMMUNITIES ACROSS THE U.S. LAUNCHING IN LATE 2016, MOFAD CITY INCLUDED EIGHT GUIDES COVERING FOOD CULTURES IN SIX CITIES BY 2018, HIGHLIGHTING EACH COMMUNITY'S RICH HISTORY, ITS RESTAURANTS AND FOOD VENDORS, AND THE CULTURAL AND HISTORICAL SIGNIFICANCE OF THE CULINARY LANDMARKS THAT CONTRIBUTE TO THIS HISTORY-ALL WHILE USERS ENJOY FOOD AND SUPPORT LOCAL BUSINESSES.AFRICAN/AMERICAN: MAKING THE NATION'S TABLE - IN 2019, MOFAD BEGAN WORKING ON ITS UPCOMING EXHIBITION IN EARNEST: CONDUCTING RESEARCH, ACQUIRING ARTIFACTS, ENGAGING DESIGNERS AND FABRICATORS, AND PLANNING OPERATIONS. "AFRICAN/AMERICAN: MAKING THE NATION'S TABLE" WOULD CELEBRATE THE CONTRIBUTIONS OF COUNTLESS BLACK CHEFS, FARMERS, AND FOOD AND DRINK PRODUCERS WHO HAVE BEEN WRITTEN OUT OF HISTORY PROVIDING RECOGNITION THAT IS LONG OVERDUE. 1669088 1 1 0 0 0 0 0 1 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 11 0 1 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 1 0 0 X CATHERINE PICCOLI 2013713550 950 FULTON STREET PO BOX 380857 BROOKLYN NY 11238 DAVE ARNOLD TRUSTEE 2.00 X 0 0 0 VIKRAM BHASKARAN VICE CHAIR 2.00 X X 0 0 0 HANNAH BRONFMAN TRUSTEE 2.00 X 0 0 0 DESIRE VINCENT LEVY TRUSTEE 2.00 X 0 0 0 JESSAMYN WALDMAN RODRIGUEZ TRUSTEE 2.00 X 0 0 0 CHARLOTTE OMNES TREASURER 2.00 X X 0 0 0 FICUS KIRKPATRICK TRUSTEE 2.00 X 0 0 0 JULIAN YAP CHAIR 2.00 X X 0 0 0 NAZLI PARVIZI PRESIDENT 5.00 X 57692 0 2265 57692 0 2265 0 0 0 0 0 197513 804182 101606 1001695 MUSEUM REVENUE 900099 120661 120661 MUSEUM PROGRAM AND SER 900099 30427 30427 151088 MISCELLANEOUS 900099 39001 39001 39001 1191784 151088 0 39001 83498 49742 15187 18569 323140 192502 58774 71864 24739 14737 4500 5502 37042 22067 6737 8238 12539 12539 33425 33425 53811 53549 262 75723 74510 1213 18254 1254 10726 6274 9842 2523 7319 26595 21234 5361 15313 6594 8719 12704 6187 6517 6405 3890 1059 1456 8545 5190 1413 1942 EXHIBIT COSTS 1140964 1140964 TASTING 36489 36489 PROGRAMMING COSTS 33621 33511 110 VENUE RENTAL 9310 3585 5725 7904 560 5344 2000 1969863 1669088 179205 121570 161492 146482 45930 26121 55000 3686 42011 24929 23487 17082 1092946 106636 1378855 300007 160323 71978 130994 3786 739057 667655 73386 59572 1103760 802991 X 87980 -541849 187115 38865 275095 -502984 1378855 300007 -778079 0 X 0 1 X 1 0 X 607271 1199759 585270 340241 1001695 3734236 607271 1199759 585270 340241 1001695 3734236 774089 2960147 43296 8280 1602 12697 39001 104876 3839112 597811 0.77100 0.85350 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER - 2017 AMOUNT: $ 43,296. 2018 AMOUNT: $ 8,280. 2019 AMOUNT: $ 1,602. 2020 AMOUNT: $ 12,697. 2021 AMOUNT: $ 39,001. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 89636 X 0 42011 24929 17082 17082 EXHIBITION IN PRODUCTION 17000 COLLECTIONS 89636 106636 INTEREST PAYABLE 59572 59572 X 1191784 0 1191784 0 1191784 1969863 0 1969863 0 1969863 PART X, LINE 2: THE MUSEUM QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, IT IS NOT SUBJECT TO STATE OR FEDERAL INCOME TAXES. THE MUSEUM FOLLOWS PROFESSIONAL STANDARDS WHICH CLARIFY THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE MUSEUM'S FINANCIAL STATEMENTS AND PRESCRIBE A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN. THE STANDARDS ALSO PROVIDE GUIDANCE ON DERECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN. THE MUSEUM FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THE MUSEUM'S FEDERAL INCOME TAX RETURNS FOR TAX YEARS 2019 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. X 1 101606 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY A CPA FIRM AND IS THEN REVIEWED BY THE ORGANIZATION'S BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 15A THE MUSEUM OF FOOD AND DRINK HAS AN "EXECUTIVE DIRECTOR / CEO COMPENSATION POLICY" THAT REQUIRES BOARD APPROVAL, CONCURRENT DOCUMENTATION, AND INDEPENDENCE IN COMPENSATION SETTING. MOFAD'S POLICY CAN BE SUMMARIZED AS FOLLOWS: THE MUSEUM OF FOOD AND DRINK'S BOARD OF TRUSTEES' ANNUAL PROCESS FOR DETERMINING COMPENSATION CONSISTS OF THE BOARD EXECUTIVE COMMITTEE ANNUALLY EVALUATING THE EXECUTIVE DIRECTOR ON HIS/HER PERFORMANCE AND MAKING A RECOMMENDATION TO THE FULL BOARD FOR THE COMPENSATION (SALARY AND BENEFITS) OF THE EXECUTIVE DIRECTOR (AND OTHER HIGHLY COMPENSATED EMPLOYEES OR CONSULTANTS) BASED ON A REVIEW OF COMPARABILITY DATA AND DOCUMENTING ITS EFFORTS. THE CHAIR OF THE BOARD OF DIRECTORS AND TRUSTEES, WHO IS A VOLUNTEER AND NOT COMPENSATED BY MOFAD, WILL OPERATE INDEPENDENTLY WITHOUT UNDUE INFLUENCE FROM THE EXECUTIVE DIRECTOR. NO MEMBER OF THE EXECUTIVE COMMITTEE WILL BE A STAFF MEMBER, THE RELATIVE OF A STAFF MEMBER, OR HAVE ANY RELATIONSHIP WITH STAFF THAT COULD PRESENT A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.