2025-05-13T15:55:01-05:00 2024-06-30 231144520 TAIT WELLER & BAKER LLP 50 SOUTH 16TH STREET SUITE 2900 PHILADELPHIA PA 19102 990 2023-07-01 203735162 THE MUSEUM OF FOOD AND DRINK MUSE 2013713550 950 FULTON STREET PO BOX 380857 BROOKLYN NY 11238 NAZLI PARVIZI PRESIDENT 2013713550 2025-05-13 1 0 HARRISON PEREIRA P00746867 2159798800 2025-05-13 2023 2025-03-06 01:10:19Z NAZLI PARVIZI 950 FULTON STREET PO BOX 380857 BROOKLYN NY 11238 340955 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. 6 6 5 5 0 0 720809 262355 66950 78600 0 0 0 0 787759 340955 0 0 0 0 321864 342181 0 57500 163286 196214 221286 518078 620967 269681 -280012 563552 479846 760688 956994 -197136 -477148 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 338070 78600 MOFAD'S PUBLIC PROGRAMS ENCOMPASS A RANGE OF EVENT OFFERINGS INCLUDING PUBLIC SCHOOL TOURS, COMMUNITY GATHERINGS THEMED AROUND FOOD CULTURE, CHILDREN'S READING PROGRAMS, AND OUR EVENING PROGRAM SERIES. OUR EVENING PROGRAMMING ALLOWS MOFAD TO BOTH EXPAND ON THEMES RELATED TO OUR EXHIBITIONS BY BRINGING IN EXPERTS IN THE FIELD, FROM SCHOLARS, TO CHEFS, TO FARMERS AND FOOD POLICY EXPERTS AND GO BEYOND CURRENT EXHIBITIONS BY OFFERING IN-DEPTH DISCUSSIONS TO FURTHER EXPLORE THE BREADTH AND DEPTH OF THE CULINARY LANDSCAPE WITH COOKBOOK AUTHORS, TASTING & DRINKING EXPERIENCES, AND EVEN THE OCCASIONAL FOOD-THEMED COMEDY HOUR TO EXPLORE FORGOTTEN FOOD NARRATIVES. 338070 1 1 0 0 0 0 0 1 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 9 0 1 5 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 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 HANNAH BRONFMAN TRUSTEE 2.00 X 0 0 0 SUDIP MUKHERJEEE TRUSTEE 2.00 X 0 0 0 JESSAMYN WALDMAN RODRIGUEZ TRUSTEE 2.00 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 120000 0 0 120000 0 0 1 0 0 0 0 262355 67500 262355 MUSEUM PROGRAM AND SER 900099 41543 41543 MUSEUM REVENUE 900099 37057 37057 78600 340955 78600 0 0 120000 70165 19718 30117 186689 109158 30677 46854 6626 3874 1089 1663 28866 16878 4743 7245 4513 4513 29345 29345 57500 57500 4669 4669 1821 1821 7060 2927 1912 2221 8568 1546 5930 1092 45106 45106 1047 1047 31794 24747 7047 56418 33316 8793 14309 9130 5441 1404 2285 EXHIBIT COSTS 6817 6817 TASTING 5906 5906 PROGRAMMING COSTS 4652 4652 4440 4440 620967 338070 119611 163286 435102 19814 6954 22081 7543 5523 222494 91112 24317 131382 89636 301046 563552 479846 24915 17059 1561 1020 15000 671469 665376 62743 258539 760688 956994 X -197136 -481602 0 4454 -197136 -477148 563552 479846 -280012 0 X 0 1 X 1 0 X 585270 340241 1001695 720809 262355 2910370 585270 340241 1001695 720809 262355 2910370 1242582 1667788 1602 12697 39001 53300 2963670 489987 0.56270 0.68780 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 157136 X 0 25000 25000 98548 91112 7436 98946 98946 131382 COLLECTIONS 157136 OPERATING RIGHT-OF-USE ASSET 143910 301046 INTEREST PAYABLE 87490 OPERATING LEASE LIABILITY 171049 258539 X 370955 30000 30000 340955 0 340955 650967 30000 30000 620967 0 620967 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 2021 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. X X X X 1 ELAINE BOWEN 78 ROGERS AVENUE BROOKLYN NY 11216 FUNDRAISING SERVICES 0 25000 57500 -32500 25000 57500 -32500 NAZLI PARVIZI EXECUTIVE DIRECTOR UNSECURED LOAN X 15000 15000 0 1 1 15000 X 67500 FMV 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.