2023-05-10T00:42:27-05:00 2022-06-30 873707167 CBIZ MARKS PANETH LLC 685 THIRD AVENUE NEW YORK NY 10017 990 2021-07-01 237412428 INTERNATIONAL CENTER OF PHOTOGRAPHY INTE 2128570000 79 ESSEX STREET NEW YORK NY 10002 DAVID E LITTLE EXECUTIVE DIRECTOR 2128570000 2023-05-09 1 DAVID LITTLE 999009999 MAGDALENA CZERNIAWSKI P00535099 2125038800 2023-05-09 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z DAVID E LITTLE 79 ESSEX STREET NEW YORK NY 10002 12244144 0 X WWW.ICP.ORG X 1974 NY THE INTERNATIONAL CENTER OF PHOTOGRAPHY IS A CENTER WHERE PHOTOGRAPHS ARE COLLECTED, PROTECTED, RESEARCHED, AND EXHIBITED; A PLACE WHERE STUDENTS OF ALL AGES AND ACCOMPLISHMENTS LEARN TO MAKE IMAGES AND ARE CHALLENGED BY TECHNICAL AND AESTHETIC LESSONS. ICP PROVIDES A FORUM FOR THE EXCHANGE OF IDEAS AND FOR THE USE OF PHOTOGRAPHY AS A MEDIUM FOR REVEALING THE HUMAN CONDITION. 18 18 299 18 0 0 12123258 7972662 2397022 3327595 600430 542287 1167013 16800 16287723 11859344 400732 457339 0 0 4071631 5223158 0 0 1082792 6101293 7472150 10573656 13152647 5714067 -1293303 72245409 65441901 18972738 15082674 53272671 50359227 X THE INTERNATIONAL CENTER OF PHOTOGRAPHY IS A MUSEUM AND SCHOOL DEDICATED TO THE UNDERSTANDING AND APPRECIATION OF PHOTOGRAPHY. ICP CREATES PROGRAMS OF THE HIGHEST QUALITY TO ADVANCE KNOWLEDGE OF THE MEDIUM. THESE INCLUDE EXHIBITIONS, COLLECTIONS, AND EDUCATION FOR THE GENERAL PUBLIC, MEMBERS, STUDENTS, AND PROFESSIONALS IN THE FIELD OF PHOTOGRAPHY. 0 0 5509967 457339 2868625 THE INTERNATIONAL CENTER OF PHOTOGRAPHY IS A MUSEUM, SCHOOL, AND COLLECTION. ICP'S EDUCATION OFFERINGS INCLUDE EXHIBITIONS, CLASSES, PUBLIC PROGRAMS, SEMINARS, AND WORKSHOPS THAT COVER ALL ASPECTS OF PHOTOGRAPHY. ITS SCHOOL OFFERS ON-SITE AND ONLINE CONTINUING EDUCATION CLASSES FOR ADULTS; HS AND HIGHER EDUCATION CLASSES; AND TWO FULL-TIME, YEAR-LONG CERTIFICATE PROGRAMS IN DOCUMENTARY AND CREATIVE PHOTOGRAPHY. THE MUSEUM PRESENTS THREE CYCLES OF INTERNATIONAL EXHIBITIONS AND ITS LIBRARY AND COLLECTION SERVE STUDENTS, FACULTY, STAFF, SCHOLARS, AND THE GENERAL PUBLIC. 3800780 320926 EXHIBITIONS - ICP'S IN-HOUSE AND TRAVELING EXHIBITIONS REFLECT THE HISTORY OF PHOTOGRAPHIC STYLES AND APPLICATIONS. IN FY 2022, ICP PRESENTED SEVERAL TEMPORARY EXHIBITIONS, AND TRAVELING EXHIBITIONS AT VENUES AROUND THE WORLD. 957393 377420 ARCHIVES & COLLECTIONS - ICP MAINTAINS A PERMANENT COLLECTION OF APPROXIMATELY 154,000 PHOTOGRAPHIC PRINTS, 5,000 TIME BASED MEDIA AUDIO, VIDEO AND MOTION PICTURE FILMS, AND 202,000 NEGATIVES. GENERALLY, RESEARCHERS UTILIZE THE ICP PRINT STUDY ROOM FOR CONSULTED WORKS. 10268140 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 97 0 1 299 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ NY X DAVID E LITTLE EXECUTIVE DIRECTOR 2128570001 79 ESSEX STREET NEW YORK NY 10002 ADAM FUSS TRUSTEE 2.00 X 0 0 0 ALMUNDENA LEGORETTA VICE CHAIR 4.00 X X 0 0 0 BICKY KELLNER TRUSTEE 2.00 X 0 0 0 BOB JEFFREY VICE PRESIDENT 4.00 X X 0 0 0 CARYL S ENGLANDER CHAIR 8.00 X X 0 0 0 CINDY SHERMAN TRUSTEE 2.00 X 0 0 0 DIANE TUFT TRUSTEE 2.00 X 0 0 0 FABIAN ONETTI TREASURER 4.00 X X 0 0 0 JAMES A D'AQUILA TRUSTEE 2.00 X 0 0 0 JAN W MULDER TRUSTEE 2.00 X 0 0 0 JANE CORKIN TRUSTEE 2.00 X 0 0 0 JEFFREY A ROSEN PRESIDENT 4.00 X X 0 0 0 LISA DENNISON TRUSTEE (OUTGOING) 2.00 X 0 0 0 MICHAEL A CLINTON EXECUTIVE VICE PRESIDENT 4.00 X X 0 0 0 NANCY BOROWICK TRUSTEE (OUTGOING) 2.00 X 0 0 0 PAT SCHOENFELD TRUSTEE 2.00 X 0 0 0 PEGGY ANDERSON TRUSTEE (OUTGOING) 2.00 X 0 0 0 RANDALL ROTHENBERG SECRETARY 4.00 X X 0 0 0 RENEE W HARBERS LIDDELL EXECUTIVE VICE PRESIDENT 4.00 X X 0 0 0 STEFANO TONCHI TRUSTEE 2.00 X 0 0 0 STEPHANIE H SHUMAN VICE CHAIR 4.00 X X 0 0 0 DAVID LITTLE EXECUTIVE DIRECTOR 40.00 X 132806 0 4083 MARK HUMPHREY LUBELL EXECUTIVE DIRECTOR (OUTGOING) 40.00 X 462699 0 52067 NICHOLAS READ ACTING CFO 40.00 X 45360 0 10882 ANNE MASSONI MANAGING DIR. OF EDUCATION 40.00 X 161084 0 18671 DAVID CAMPANY MANAGING DIRECTOR OF PROGR 40.00 X 164332 0 13570 GIGI LOIZZO CHIEF EXPERIANCE OFFICER 40.00 X 157142 0 8183 SUSAN SOFRANKO CHIEF DEVELOPMENT OFFICER 40.00 X 137043 0 16717 TAMA O'BRIEN COUNSEL AND MANAGING DIRECTOR 40.00 X 140287 0 16957 1400753 0 141130 10 0 1 0 ZRG PARTNERS LLC 69 MILK STREET SUITE 304 WEST BOROUGH MA 01581 RECRUITMENT SERVICES 145269 1 67939 1099243 4062336 2743144 7972662 TUITION AND EDUCATION FEES 611600 2887195 2887195 MUSEUM ADMISSIONS 900099 252291 252291 LICENSING 900099 188109 188109 3327595 102191 102191 19155 19155 71706 0 71706 71706 71706 440096 0 440096 440096 440096 71363 1099243 384800 -313437 -313437 196837 0 196837 196837 PUBLIC PROGRAMS 900099 21806 21806 LOAN FEES 900099 12150 12150 TRANSPORT EXCHANGES 900099 8000 8000 583 583 42539 11859344 3566971 0 319711 457339 457339 625185 543911 81274 3833810 3191546 221493 420771 61392 50025 3686 7681 221871 180182 12544 29145 480900 396523 34782 49595 61264 61264 64207 64207 932085 178673 479582 273830 267119 166800 100319 968993 886804 16320 65869 167158 145427 21731 1284180 1119218 164962 54336 13785 38558 1993 641495 558101 83394 1489982 1296284 193698 TEACHER AND LECTURE FEE 964830 964830 SETTLEMENT EXPENSE 300000 4678 249406 45916 BAD DEBT 97884 93742 4142 INDIRECT FUNDRAISING 70812 70812 107805 20272 74814 12719 13152647 10268140 1801715 1082792 222947 189823 7314504 3024849 3651336 3708208 955871 1476115 81546 55810 106186 115395 55337926 4661953 51941410 50675973 5515627 4257520 2000911 1794998 455071 143210 72245409 65441901 2389491 1527980 61960 345809 13717670 12668885 2803617 540000 18972738 15082674 X 43034401 42196176 10238270 8163051 53272671 50359227 72245409 65441901 -1293303 -1620141 0 X X 0 1 X 1 0 X 12534849 31565091 4716891 12123258 7972662 68912751 12534849 31565091 4716891 12123258 7972662 68912751 32830953 36081798 839787 494154 462778 723665 193052 2713436 612789 211722 590622 364356 756102 2535591 74161778 23430587 0.48650 0.43860 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING INCOME - 2017 AMOUNT: $ 612,789. 2018 AMOUNT: $ 99,720. 2021 AMOUNT: $ 713,563. MISCELLANEOUS - 2018 AMOUNT: $ 112,002. 2019 AMOUNT: $ 148,418. 2020 AMOUNT: $ 7,565. 2021 AMOUNT: $ 583. AMEX POINTS - 2019 AMOUNT: $ 442,204. TUITION WRITE OFF - 2020 AMOUNT: $ 330,906. PUBLIC PROGRAMS - 2020 AMOUNT: $ 25,885. 2021 AMOUNT: $ 21,806. LOAN FEES - 2021 AMOUNT: $ 12,150. TRANSPORATION EXCHANGE - 2021 AMOUNT: $ 8,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 8311521 11000 616529 7705992 5784759 2526762 8311521 8854583 -507576 148210 2710458 5784759 10279107 -200000 575476 1800000 8854583 13225713 40000 1025669 4012275 10279107 1.00000 1 0 29000000 1858975 27141025 24702200 1499862 23202338 920642 588032 332610 715084 715084 0 50675973 X 9646845 -1620141 -528151 -2148292 11795137 64207 64207 11859344 12560289 0 12560289 64207 528151 592358 13152647 PART III, LINE 1A: THE CENTER'S ARCHIVES AND COLLECTION INCLUDES OVER 150,000 PRINTS BY MORE THAN 1,000 PHOTOGRAPHERS. THE CENTER ALSO MAINTAINS AN EXTENSIVE LIBRARY OF PHOTOGRAPHY BOOKS AND PUBLICATIONS. THESE RESOURCES ARE MAINTAINED FOR THE PUBLIC BENEFIT, TO BE USED IN PUBLIC EXHIBITIONS AND FOR EDUCATION AND RESEARCH ACTIVITY. IN ACCORDANCE WITH ACCOUNTING POLICIES GENERALLY FOLLOWED BY ART MUSEUMS, THE VALUE OF THESE RESOURCES HAS BEEN EXCLUDED FROM THE STATEMENTS OF FINANCIAL POSITION, AND GIFTS OF OBJECTS FOR THE COLLECTION AND LIBRARY ARE EXCLUDED FROM THE STATEMENTS OF ACTIVITIES. PURSUANT TO THE CENTER'S POLICY AND GENERALLY ACCEPTED PRACTICE AT ART MUSEUMS, PROCEEDS FROM THE SALE OF COLLECTION OR LIBRARY OBJECTS ARE USED TO ACQUIRE OTHER COLLECTION OR LIBRARY OBJECTS. SUCH PROCEEDS, TOGETHER WITH CONTRIBUTIONS AND UNCONDITIONAL PROMISES TO GIVE FOR THE PURCHASE OF ITEMS FOR THE COLLECTION AND LIBRARY, ARE CLASSIFIED AS TEMPORARILY RESTRICTED NET ASSETS UNTIL ACQUISITIONS ARE MADE. THE COST OF SUCH ACQUISITIONS IS RECORDED AS A SEPARATE PROGRAM EXPENSE. PART III, LINE 4: THE PERMANENT COLLECTION AT THE INTERNATIONAL CENTER OF PHOTOGRAPHY (ICP) CONTAINS OVER 154,000 PHOTOGRAPHS. SINCE THE OPENING OF ICP IN 1974, IMPORTANT HISTORICAL AND CONTEMPORARY IMAGES HAVE BEEN ACQUIRED THROUGH A DEDICATED ACQUISITIONS COMMITTEE AND GENEROUS DONATIONS AND BEQUESTS FROM PHOTOGRAPHERS AND COLLECTORS. THE COLLECTION SPANS THE HISTORY OF THE PHOTOGRAPHIC MEDIUM, FROM DAGUERREOTYPES TO GELATIN SILVER AND DIGITAL CHROMOGENIC PRINTS. THE COLLECTION IS OPEN BY APPOINTMENT MONDAY THROUGH FRIDAY FROM 11:00 AM TO 5:00 PM. THE COLLECTION IS ACTIVELY USED BY INDEPENDENT SCHOLARS, OUTSIDE ACADEMIC INSTITUTIONS, AND ICP'S OWN EDUCATIONAL PROGRAM THROUGH CLASS VISITS, RESEARCH AND INTERNSHIP PROJECTS. THE MUSEUM PRESENTS SELECTIONS FROM THE COLLECTION WITHIN ITS LOCAL EXHIBITIONS PROGRAM AND WITHIN TRAVELING EXHIBITIONS PRESENTED INTERNATIONALLY. FURTHER, ICP LENDS PHOTOGRAPHIC WORKS TO OTHER MUSEUMS FOR PRSEENTATION TO THE PUBLIC. PART V, LINE 4: ICP'S ENDOWMENT IS INVESTED TO PRESERVE THE INFLATION-ADJUSTED VALUE OF ITS PRINCIPAL AND TO PROVIDE TOTAL RETURN TO SUPPORT THE ORGANIZATION'S PROGRAMS. THE AMOUNT OF ENDOWMENT USED EACH YEAR (ALSO KNOWN AS THE SPENDING RATE) IS CALCULATED AS 5% OF THE ENDOWMENT'S AVERAGE BALANCE OVER THE PRECEDING TWENTY QUARTERS. THE ENDOWMENT USE IS BOTH FOR ACTIVITIES THAT HAVE BEEN RESTRICTED BY THE ENDOWMENT DONOR SUCH AS EDUCATION PROGRAMS, COLLECTION ACQUISITIONS, EXHIBITIONS, AND RESEARCH, AS WELL AS FOR GENERAL SUPPORT OF THE INSTITUTION'S PROGRAMS IF THE ENDOWMENT GIFT IS UNRESTRICTED BY THE DONOR. PART X, LINE 2: THE CENTER BELIEVES IT HAS NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2022 AND 2021, IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, "INCOME TAXES," WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS -457,339. INDIRECT FUNDRAISING EXPENSE NETTED IN REVENUE -70,812. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 457,339. INDIRECT FUNDRAISING EXPENSE NETTED IN REVENUE 70,812. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 1794998 0 0 0 0 0 0 1794998 0 1794998 1 0 0 0 0 0 PART III ACCOUNTING METHOD: INFINITY AWARDS 1018888 956248 62640 110200 172054 SPOTLIGHTS 151718 142995 8723 102546 1170606 1099243 71363 110200 274600 384800 -313437 1 FULL-TIME FINANCIAL FELLOWSHIPS 30 457339 FMV TUITION REDUCTION PART I, LINE 2: SCHOLARSHIPS ARE PROVIDED TO FULL-TIME ONE-YEAR CERTIFICATE STUDENTS WHO HAVE SUCCESSFULLY BEEN ACCEPTED INTO THE PROGRAM. THE AMOUNT OF SCHOLARSHIP FUNDS AVAILABLE VARIES EACH YEAR. IN 2022, 61 STUDENTS WERE ENROLLED AND 30 STUDENTS RECEIVED TUITION ASSISTANCE IN THE FORM OF SCHOLARSHIPS. SCHOLARSHIPS ARE AWARDED BASED ON MERIT. THE SCHOLARSHIP COMMITTEE REVIEWS EACH APPLICANT'S PORTFOLIOS, REFERENCES AND ACADEMIC CREDENTIALS BEFORE DETERMINING THE AWARDS. NON-CASH ASSISTANCE IS PROVIDED TO STUDENTS IN TEEN PROGRAMS, STUDENTS WHO ASSIST FACULTY, AND EMPLOYEES. 220 STUDENTS WERE ENROLLED AND 124 OF THEM WERE ABLE TO ATTEND COURSES AT ICP THROUGH SCHOLARSHIPS. THE SCHOLARSHIPS AWARDED COVERED 50-80% OF THE CLASS FEE, DEPENDING ON NEED. SCHOLARSHIPS ARE BASED ON THE FINANCIAL NEEDS TEACHING ASSISTANTS VOLUNTEER IN EXCHANGE FOR A TUITION REDUCTION OR LAB TIME IN THE DARKROOM OR DIGITAL MEDIA LAB. IN ORDER TO RECEIVE A 50% REDUCTION IN TUITION, STUDENTS ASSIST FACULTY OR OTHER EDUCATION STAFF FOR 40 HOURS PER TERM. EACH STUDENT IS MONITORED TO ENSURE THAT THEY ADHERE TO THE TIME REQUIREMENTS. 110 STUDENTS WORKED AS TEACHER ASSISTANTS DURING 2022. X X X 1 0 0 0 0 0 0 0 0 MARK HUMPHREY LUBELL EXECUTIVE DIRECTOR (OUTGOING) 190201 0 0 0 272498 0 16158 0 35909 0 514766 0 0 0 ANNE MASSONI MANAGING DIR. OF EDUCATION 160877 0 0 0 207 0 4379 0 14292 0 179755 0 0 0 DAVID CAMPANY MANAGING DIRECTOR OF PROGR 164015 0 0 0 317 0 0 0 13570 0 177902 0 0 0 GIGI LOIZZO CHIEF EXPERIANCE OFFICER 156310 0 0 0 832 0 4249 0 3934 0 165325 0 0 0 TAMA O'BRIEN COUNSEL AND MANAGING DIRECTOR 139714 0 0 0 573 0 3333 0 13624 0 157244 0 0 0 SUSAN SOFRANKO CHIEF DEVELOPMENT OFFICER 136978 0 0 0 65 0 3750 0 12967 0 153760 0 0 0 PART I, LINE 4A MARK H. LUBELL, EXECUTIVE DIRECTOR, RECEIVED SEVERANCE PAYMENT FOR $261,124 AND IT IS REPORTED IN COLUMN B(III). SCHEDULE J, PART II, COLUMN B(III): THE AMOUNTS REPORTED IN THIS COLUMN INCLUDES A CONTRIBUTION TO A 457(B) RETIREMENT PLAN FOR MARK LUBELL. FORM 990, PART VI, SECTION B, LINE 11B STAFF WORK CLOSELY WITH OUTSIDE AUDITORS TO PREPARE A DRAFT FORM 990, WHICH IS THEN REVIEWED BY THE AUDIT COMMITTEE. SUBSEQUENT TO ANY RECOMMENDATIONS BY THE AUDIT COMMITTEE, THE FINAL FORM 990 IS MADE AVAILABLE TO EACH MEMBER OF THE BOARD OF TRUSTEES IN ADVANCE OF THE PLANNED FILING DATE. FORM 990, PART VI, SECTION B, LINE 12C ICP REGULARLY AND CONSISTENTLY MONITORS COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY. THE CONFLICT OF INTEREST POLICY IS CONTAINED WITHIN ICP'S CODE OF ETHICS. EACH TRUSTEE IS PROVIDED WITH A COPY, EITHER UPON ELECTION TO THE BOARD, OR AS NEEDED, SUCH AS WHEN THE POLICY IS REVISED. EACH YEAR, TRUSTEES ARE ASKED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT. ANY POTENTIAL OR ACTUAL CONFLICTS OF INTEREST ARE REPORTED TO THE AUDIT COMMITTEE, WHICH DETERMINES IF THE MATTER NEEDS TO BE REPORTED TO THE EXECUTIVE COMMITTEE AND, IF NECESSARY, TO THE FULL BOARD. THE AUDIT COMMITTEE IS ALSO REQUIRED TO REVIEW ACTUAL OR POTENTIAL CONFLICTS OF INTEREST OF PROSPECTIVE TRUSTEES AND REPORT ON THE MATTER TO THE FULL BOARD BEFORE THE NOMINATION IS ACTED UPON. ALL STAFF RECEIVE A COPY OF THE CODE OF ETHICS AND ARE EXPECTED TO FAMILIARIZE THEMSELVES WITH THE POLICY AND ABIDE BY ITS MANDATES. POTENTIAL CONFLICTS THAT KEY STAFF MAY ENCOUNTER ARE MANAGED BY THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S COMPENSATION IS REVIEWED BY THE COMPENSATION COMMITTEE, WHOSE MEMBERS ARE THE BOARD'S PRESIDENT, CHAIR, AND TREASURER, WHICH RECOMMENDS AN AMOUNT TO BE APPROVED BY THE ENTIRE BOARD BEFORE IMPLEMENTATION. THE COMMITTEE REVIEWS DATA FROM ANNUAL SALARY SURVEYS SUCH AS THOSE CONDUCTED BY THE ASSOCIATION OF ART MUSEUM DIRECTORS AND THE MUSEUM ASSOCIATION OF NEW YORK, AS WELL AS COMPENSATION DATA FROM SPECIFIC MUSEUMS IN NEW YORK CITY. THE COMMITTEE ALSO REVIEWS THE OFFICER'S INTERNAL PERFORMANCE APPRAISALS, HIS COMPENSATION HISTORY, AND ANY OTHER RELEVANT INFORMATION. THE BOARD'S APPROVAL IS RECORDED IN THE MINUTES AND A MEMO AUTHORIZING THE INCREASE IS PLACED IN THE OFFICER'S PERSONNEL FILE. THE COMPENSATION FOR THE TOP MANAGEMENT OFFICIALS IS ALSO BENCHMARKED TO SALARY SURVEYS AND OTHER NEW YORK CITY MUSEUMS AND ARE REVIEWED ANNUALLY BY THE BOARD'S COMPENSATION COMMITTEE. MEMOS AUTHORIZING ANY COMPENSATION INCREASE ARE PLACED IN THEIR PERSONNEL FILES. FORM 990, PART VI, SECTION C, LINE 19 ICP'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.