2023-05-08T11:15:28-05:00 2022-06-30 872525370 CITRIN COOPERMAN ADVISORS LLC 290 W MT PLEASANT AVENUE 3310 LIVINGSTON NJ 07039 990 2021-07-01 271450809 NATIONAL MUSEUM OF MATHEMATICS F/K/A MUSEUM OF MATHEMATICS NATI 2125420566 134 WEST 26TH STREET 4S NEW YORK NY 10001 CINDY LAWRENCE EXECUTIVE DIRECTOR 2125420566 2023-05-05 1 CINDY LAWRENCE 999009999 PAULA VUKSIC P00360739 9732180500 2023-05-05 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z CINDY LAWRENCE 134 WEST 26TH STREET 4S NEW YORK NY 10001 6794900 0 X WWW.MOMATH.ORG X 2009 NY TO OPERATE A MUSEUM OF MATHEMATICS, PUBLIC EXHIBITIONS, INTERACTIVE DISPLAYS, AND EDUCATIONAL PROGRAMS ABOUT MATHEMATICS TO ENHANCE PUBLIC UNDERSTANDING OF MATHEMATICS AND THE IMPORTANCE OF MATHEMATICS IN EVERYDAY LIFE. 25 23 48 100 0 0 8322014 3553425 393059 1272908 1136986 1214706 33009 182988 9885068 6224027 0 0 0 0 2686153 2996944 175500 0 777006 4069809 4711432 6931462 7708376 2953606 -1484349 42218242 36788428 730531 633344 41487711 36155084 X MATHEMATICS ILLUMINATES THE PATTERNS THAT ABOUND IN OUR WORLD. THE NATIONAL MUSEUM OF MATHEMATICS (MOMATH) STRIVES TO ENHANCE PUBLIC UNDERSTANDING AND PERCEPTION OF MATHEMATICS. ITS DYNAMIC EXHIBITS AND PROGRAMS STIMULATE INQUIRY, SPARK CURIOSITY, AND REVEAL THE WONDERS OF MATHEMATICS. THE MUSEUM'S ACTIVITIES LEAD A BROAD AND DIVERSE AUDIENCE TO UNDERSTAND THE EVOLVING, CREATIVE, HUMAN, AND AESTHETIC NATURE OF MATHEMATICS. 0 0 4260604 1332411 MUSEUM: MOMATH OPERATED A HANDS-ON MUSEUM FOCUSED ON MATHEMATICS AND FEATURING DOZENS OF INTERACTIVE AND ENGAGING EXHIBITS. THE MUSEUM FULLY RE-OPENED TO THE PUBLIC IN JULY 2021, AFTER A 15-MONTH CLOSURE DUE TO COVID. FAMILIES AND TOURISTS BEGAN RETURNING TO THE MUSEUM IN JULY 2021, WITH SCHOOL GROUPS FOLLOWING IN FALL 2021 AND NUMBERS INCREASING THROUGHOUT THE REMAINDER OF FISCAL 2022. 1362409 81830 COMMUNITY: MOMATH OPERATES A NUMBER OF PUBLIC PROGRAMS THAT SERVE THE COMMUNITY BY PROVIDING EXPERIENCES THAT HIGHLIGHT THE EVOLVING, CREATIVE, AND AESTHETIC NATURE OF MATHEMATICS. THESE PROGRAMS ALSO AIM TO SHOW THE MANY UNEXPECTED WAYS THAT MATH APPEARS IN THE WORLD AROUND US AND IMPACTS OUR EVERYDAY LIVES. COMMUNITY PROGRAMS INCLUDE A NUMBER OF MONTHLY PRESENTATIONS SERIES AND A VARIETY OF ONE-OFF PROGRAMS DIRECTED TOWARD PEOPLE OF ALL AGES AND BACKGROUNDS, BOTH IN PERSON AND ONLINE. 147652 12505 TRAVELING EXHIBITION: MATH MIDWAY 2 GO (MM2GO.ORG) IS A SPIN-OFF OF MOMATH'S ORGINAL MATH MIDWAY TRAVELING EXHIBITION. MM2GO CONTINUES TO VISIT SCHOOLS AND FESTIVALS, ILLUSTRATING A WIDE VARIETY OF MATHEMATICAL IDEAS AND PRINCIPLES. IT IS ALSO THE CENTRAL FOCUS OF THE NYC MATH FESTIVAL, WHICH MOMATH RUNS EACH YEAR IN LOWER MANHATTAN. 5770665 1 1 0 1 0 0 0 1 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 1 40 0 48 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 25 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 2125420566 134 WEST 26TH STREET 4S NEW YORK NY 10001 JOHN OVERDECK TRUSTEE / CHAIR 3.00 X X 0 0 0 DAVID TUROCK TRUSTEE / VICE CHAIR 1.00 X X 0 0 0 SAUL ROSENTHAL TRUSTEE / SECRETARY 1.00 X X 0 0 0 ROBERT W JONES TRUSTEE/TREASURER 1.00 X X 0 0 0 MANJUL BHARGAVA TRUSTEE / VISITING PROFESS 3.00 X 34167 0 0 PETER CARR TRUSTEE 1.00 X 0 0 0 DAVID H DE WEESE TRUSTEE 1.00 X 0 0 0 ROBERT J FREY TRUSTEE 1.00 X 0 0 0 LAETITIA GARRIOTT DE CAYEUX TRUSTEE 1.00 X 0 0 0 JUDITH GIBBONS TRUSTEE 1.00 X 0 0 0 MATTHEW GOLDSTEIN TRUSTEE 1.00 X 0 0 0 CAROLE G HANKIN TRUSTEE 1.00 X 0 0 0 MARK D HARRIS TRUSTEE 1.00 X 0 0 0 KEVIN ATTESON TRUSTEE 1.00 X 0 0 0 SANDY LEONG TRUSTEE 1.00 X 0 0 0 RAJ MAHAJAN TRUSTEE 1.00 X 0 0 0 RICHARD PECHTER TRUSTEE 1.00 X 0 0 0 SUZANNE PENAVIC TRUSTEE 1.00 X 0 0 0 ARTHUR P STEINMETZ TRUSTEE 1.00 X 0 0 0 JOHN URSCHEL TRUSTEE 1.00 X 1000 0 0 JADE VINSON TRUSTEE 1.00 X 0 0 0 STEPHEN WOLFRAM TRUSTEE 1.00 X 0 0 0 CHRISTINA LEWIS TRUSTEE 1.00 X 0 0 0 MARILYN SIMONS TRUSTEE 1.00 X 0 0 0 ARMEN AVANESSIANS TRUSTEE 1.00 X 0 0 0 STEPHEN DELLA PIETRA TRUSTEE 1.00 X 0 0 0 CINDY LAWRENCE EXECUTIVE DIRECTOR 91.00 X 313433 0 24327 TIMOTHY NISSEN ASSOCIATE DIRECTOR 60.00 X 199000 0 15942 PAUL SEO CHIEF OF INSTRUCTION 40.00 X 150000 0 10896 YIA HANG CHIEF OF OPERATIONS 60.00 X 104920 0 0 QIANQIAN HU FINANCE MANAGER 40.00 X 102000 0 5182 904520 0 56347 5 0 1 0 PROSKAUER ROSE LLP ELEVEN TIMES SQUARE NEW YORK NY 10010 LEGAL SERVICES AS REQUIRED 180169 TIMOTHY RUNION PO BOX 1281 WOODSTOCK NY 12498 FUNDRAISING COUNSEL 148500 GEVA PATZ 228 CLINTON STREET UNIT 3 BROOKLYN NY 11201 CONSULTING SERVICES 105000 3 187512 1507498 31650 1826765 37282 3553425 ADMISSION REVENUE 1004901 1004901 PROGRAM FEES 255062 255062 EXHIBIT RENTAL 12945 12945 1272908 428860 428860 41150 0 41150 41150 41150 1188033 22000 414187 10000 773846 12000 785846 12000 773846 2073 1507498 2073 0 270789 144613 126176 126176 MISCELLANEOUS INCOME 15662 15662 15662 6224027 1426746 0 1243856 X 685028 465819 143856 75353 1868863 1270828 392461 205574 40247 27370 8451 4426 225244 153175 47295 24774 177562 120750 37283 19529 60714 36237 5786 18691 44790 44790 778808 464833 74221 239754 60000 60000 418822 310666 70852 37304 148828 127068 17666 4094 1259718 846090 296209 117419 68324 47281 1557 19486 1605042 1603493 968 581 83628 56867 17562 9199 EXHIBIT MAINT/TRANSPORT 55416 55416 PHOTOGRAPHY AND VIDEO 43000 43000 PRIZES AND AWARDS 38000 38000 SPEAKER & PERFORMER EXP 37228 37228 9114 6544 1748 822 7708376 5770665 1160705 777006 145864 180852 12031596 13019385 5068143 2948823 44717 58350 159049 122354 71047 74344 17033525 14674341 3946091 2359184 18824033 16280227 42400 42870 1885302 1702039 42218242 36788428 435806 390923 294725 242421 730531 633344 X 35697830 30810583 5789881 5344501 41487711 36155084 42218242 36788428 -1484349 -3848278 0 X X 0 1 X 1 0 X 4864275 7044763 4738723 8322014 3553425 28523200 4864275 7044763 4738723 8322014 3553425 28523200 6848393 21674807 406181 425500 599484 455177 470010 2356352 30511 15103 7915 5301 15662 74492 30954044 10009938 0.70020 0.67880 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2017 AMOUNT: $ 30,511. 2018 AMOUNT: $ 15,103. 2019 AMOUNT: $ 7,915. 2020 AMOUNT: $ 5,301. 2021 AMOUNT: $ 15,662. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 5770665 5770665 438533 109633 0 0 437746 402918 438533 1279197 1918796 44350 19066 0 63416 109437 100730 109633 319800 479700 X X 0 8249210 7034885 1214325 465229 444363 20866 8319086 7195093 1123993 2359184 X 2520362 -3848278 144613 -3703665 6224027 0 6224027 7852989 144613 144613 7708376 0 7708376 PART III, LINE 4: MOMATH MAINTAINS A SMALL COLLECTION OF OBJECTS OF PARTICULAR MATHEMATICAL SIGNIFICANCE. THE ITEMS FURTHER THE MUSEUM'S MISSION IN SEVERAL WAYS: THEY ILLUSTRATE THE UNEXPECTED CONNECTION BETWEEN MATHEMATICS AND THE WORLD AROUND US; THEY PROVIDE OPPORTUNITIES TO HIGHLIGHT THE BREADTH OF MATHEMATICS AND SHOW MATHEMATICAL PRINCIPLES OUTSIDE OF COMMON PERCEPTIONS OF WHAT MATHEMATICS IS; AND THEY REVEAL THE BEAUTY AND CREATIVITY INHERENT IN MATHEMATICS. PART X, LINE 2: THE MUSEUM IS A NOT-FOR-PROFIT ORGANIZATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE ("IRS") AS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE ("IRC") SECTION 501(A) AS DESCRIBED IN IRC SECTION 501(C)(3). ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE MUSEUM IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE ENTITY IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSES. THE MUSEUM IS SUBJECT TO FEDERAL AND STATE INCOME TAXES ON UNRELATED BUSINESS INCOME, IF ANY. THE MUSEUM RECOGNIZES AND MEASURES ITS UNRECOGNIZED TAX BENEFITS IN ACCORDANCE WITH FASB ASC 740, INCOME TAXES. UNDER THAT GUIDANCE, THE MUSEUM ASSESSES THE LIKELIHOOD, BASED ON THEIR TECHNICAL MERIT, THAT TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BASED ON THE FACTS, CIRCUMSTANCES AND INFORMATION AVAILABLE AT THE END OF EACH PERIOD. THE MEASUREMENT OF UNRECOGNIZED TAX BENEFITS IS ADJUSTED WHEN NEW INFORMATION IS AVAILABLE OR WHEN AN EVENT OCCURS THAT REQUIRES A CHANGE. MANAGEMENT HAS EVALUATED THE MUSEUM'S TAX POSITIONS AND HAS CONCLUDED THAT THE MUSEUM HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD - REPORTED ON PART VIII, LINE 10B 144,613. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD - REPORTED ON PART VIII, LINE 10B 144,613. X X X X X X X 1 TIMOTHY RUNION PO BOX 1281 WOODSTOCK NY 12498 FUNDRAISING COUNSEL 0 0 160000 0 THE DEVELOPMENT CONSULTING GROUP LLC 215 E 95TH STREET SUITE 34E NEW YORK NY 10128 FUNDRAISING COUNSEL 0 0 42500 0 202500 NY GALA 20 573984 573748 236 236 MASTERS 22 935587 933750 1837 1837 1509571 1507498 2073 2073 2073 0 SCHEDULE G, PART I, LINE 2B, COLUMN (V) THE TWO CONSULTANTS LISTED ACT AS FUNDRAISING COUNSEL TO MOMATH AND THERE ARE NO GROSS RECEIPTS SPECIFICALLY ATTRIBUTABLE TO THE CONSULTING SERVICES PROVIDED. FOR THIS REASON, PART I, LINE 2B (IV) AND (VI) ARE $0 AND PART I, LINE 2B (V) REPRESENT THE EXPENSE AMOUNT PAID TO EACH FUNDRAISING COUNSEL. X X X X 0 0 0 0 0 0 0 0 0 CINDY LAWRENCE EXECUTIVE DIRECTOR 313433 0 0 0 0 0 9403 0 14924 0 337760 0 0 0 TIMOTHY NISSEN ASSOCIATE DIRECTOR 199000 0 0 0 0 0 0 0 15942 0 214942 0 0 0 PAUL SEO CHIEF OF INSTRUCTION 150000 0 0 0 0 0 4428 0 6468 0 160896 0 0 0 MANJUL BHARGAVA TRUSTEE 34167 EDUCATIONAL SERVICES 0 JOHN URSCHEL TRUSTEE 1000 MATH ENCOUNTERS HONORARIUM 0 PROSKAUER ROSE LLP TRUSTEE 122551 MARK HARRIS IS A PARTNER AT PROSKAUER ROSE LLP 0 X 1 0 INSURED VALUE X 2 37282 FAIR MARKET VALUE 0 0 0 PART I, LINE 33: OCCASIONALLY MOMATH RECEIVES CONTRIBUTIONS OF UNIQUE ITEMS OR SMALL COLLECTIONS. THESE ARE NOT REPORTED ON FORM 990, PART VIII, LINE 1G BECAUSE THE MUSEUM DOES NOT CAPITALIZE ITS COLLECTIONS, AS ALLOWED UNDER FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS. THE INSURED VALUE OF THE WORK OF ART IS THE VALUE DETERMINED BY ESCHER COLLECTORS. FORM 990, PART VI, SECTION B, LINE 11B MOMATH HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT, AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT'S SUBMITTED ELECTRONICALLY TO MEMBERS OF THE ORGANIZATION'S GOVERNING BODY FOR ANY COMMENTS PRIOR TO ITS SUBMISSION. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED, AND PROVIDED TO THE COMPLIANCE OFFICER OR COMMITTEE IN CHARGE OF FILING THE RETURN FOR THEIR REVIEW. EACH ISSUE IS DOCUMENTED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C MOMATH CURRENTLY HAS IN PLACE A CONFLICT OF INTEREST POLICY THAT IT ANNUALLY MONITORS AND ENFORCES. THE POLICY COVERS ALL TRUSTEES, OFFICERS, COMMITTEE MEMBERS AND EMPLOYEES OF THE MUSEUM. THE BOARD CURRENTLY MANDATES THAT ALL MEMBERS OF MANAGEMENT AND THE GOVERNING BODY ANNUALLY REVIEW THE CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. THE INDIVIDUAL REPORTING A POTENTIAL OR ACTUAL CONFLICT OF INTEREST TO THE BOARD IS REQUIRED TO DISCLOSE ALL MATERIAL FACTS RELATING TO HIS OR HER INTEREST IN THE TRANSACTION. THE BOARD WILL DETERMINE IF AN ACTUAL CONFLICT OF INTEREST EXISTS AND TAKE ACTION THAT THE BOARD DEEMS APPROPRIATE. THE INTERESTED PERSON MAY NOT BE PRESENT DURING BOARD DISCUSSIONS AND DELIBERATIONS ABOUT THE POTENTIAL OR ACTUAL CONFLICT, OTHER THAN TO ANSWER ANY QUESTIONS THAT THE BOARD MAY HAVE ABOUT THE INTEREST. THE INTERESTED PERSON MAY NOT VOTE ON THE TRANSACTION OR BE PRESENT WHEN A VOTE IS TAKEN. THE MINUTES OF THE BOARD MEETING DETAIL THE TERMS OF THE TRANSACTION, THE DATE THE TRANSACTION WAS APPROVED, THE BOARD MEMBERS PRESENT DURING THE DEBATE AND WHO VOTED ON THE TRANSACTION, ANY DATA THE BOARD RELIED UPON IN DETERMINING THAT THE TRANSACTION WAS REASONABLE AND IN THE BEST INTEREST OF THE MUSEUM, HOW COMPARABILITY DATA WAS OBTAINED, THE DISCLOSURES MADE BY THE INTERESTED PERSON, AND WHETHER THE INTERESTED PERSON OTHERWISE PARTICIPATED IN ANY DISCUSSIONS OR PROCEEDINGS (I.E. TO ANSWER QUESTIONS). THE MINUTES OF THE BOARD ARE REVIEWED AND APPROVED BY THE BOARD AT THE NEXT BOARD MEETING. FAILURE TO DISCLOSE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST MAY RESULT IN REMOVAL FROM THE BOARD OF TRUSTEES FOR BOARD MEMBERS, OR TERMINATION OF EMPLOYMENT FOR MUSEUM OFFICERS OR EMPLOYEES. THE INVOLVED INDIVIDUAL WILL BE ASKED TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST TO THE BOARD WHO WILL THEN DETERMINE IF A VIOLATION OF THE CONFLICT OF INTEREST POLICY HAS OCCURRED. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES OF MOMATH USES A COMPENSATION REVIEW COMMITTEE THAT REVIEWS OFFICER COMPENSATION OVER $150,000. DOCUMENTATION OF COMMITTEE DISCUSSIONS, DELIBERATIONS, AND DECISIONS ARE DOCUMENTED IN THE COMMITTEE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 MOMATH WILL MAKE ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. IN ADDITION, FORMS 990 AND 1023 ARE AVAILABLE UPON WRITTEN REQUEST AT 134 WEST 26TH STREET, SUITE 4S, NEW YORK, NY 10001 OR BY CALLING THE ORGANIZATION DIRECTLY AT (212)542-0566. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 323,090. MANAGEMENT AND GENERAL EXPENSES 51,589. FUNDRAISING EXPENSES 166,645. TOTAL EXPENSES 541,324. OTHER: PROGRAM SERVICE EXPENSES 141,743. MANAGEMENT AND GENERAL EXPENSES 22,632. FUNDRAISING EXPENSES 73,109. TOTAL EXPENSES 237,484. FORM 990, PART XII, LINE 2(C): MOMATH DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.