2022-05-13T16:10:21-05:00 2021-06-30 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2020-07-01 133475390 LOWER EAST SIDE TENEMENT MUSEUM LOWE 2124310233 103 ORCHARD STREET NEW YORK NY 100023132 ANNIE POLLAND PRESIDENT 2124310233 2022-05-13 1 ANNIE POLLAND 999009999 JENNIFER COATES P02247728 2126972299 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z ANNIE POLLAND 103 ORCHARD STREET NEW YORK NY 100023132 8726691 0 X WWW.TENEMENT.ORG X 1988 NY THE TENEMENT MUSEUM TELLS THE UNIQUELY AMERICAN STORIES OF IMMIGRANTS, MIGRANTS AND REFUGEES IN THE ONGOING CREATION OF OUR NATION. 27 27 160 27 0 0 5177392 7645162 5640509 857089 42861 8567 155350 176608 11016112 8687426 0 0 0 0 6842091 4389806 0 0 841496 3521557 2622775 10363648 7012581 652464 1674845 35367989 36923048 10996752 10945754 24371237 25977294 X THE TENEMENT MUSEUM TELLS THE UNIQUELY AMERICAN STORIES OF IMMIGRANTS, MIGRANTS AND REFUGEES IN THE ONGOING CREATION OF OUR NATION. 0 0 4679113 686445 PUBLIC PROGRAMS - TOURS AND PRESENTATIONS TO IMPART KNOWLEDGE TO THE GENERAL PUBLIC CONCERNING THE HISTORY OF THE IMMIGRATION MOVEMENT IN AMERICA. SUCH KNOWLEDGE IS DIRECTLY RELATED TO THE PURPOSE OF THE EXEMPT ACTIVITY - THE OPERATION OF A HISTORICAL MUSEUM. DURING THE FISCAL YEAR ENDED 2021, 33,672 VISITORS TOURED THE MUSEUM. THIS WAS A HISTORIC DECLINE IN VISITORS, WHICH CARRIED OVER FROM COVID-19 RELATED IMPACTS TO VISITORSHIP IN THE PRIOR YEAR. ON MARCH 14TH, 2020 THE MUSEUM CLOSED ITS DOORS DUE TO THE COVID-19 PANDEMIC. IN MAY 2020, WE QUICKLY PIVOTED, CREATED AND LAUNCHED VIRTUAL CONTENT. THESE PROGRAMS WERE THE MUSEUMS'S FIRST VIRTUAL FIELD TRIPS FOR SCHOOL GROUPS AND THE MUSEUM EXTENDED THIS CONTENT RICH VIRTUAL TOUR TO THE PUBLIC IN JUNE 2020. THE FY21 NUMBERS INCLUDE VISITORS ON THESE PUBLIC VIRTUAL PROGRAMS, AS WELL AS WALKING TOURS AND PUBLIC ONSITE TOURS AS THEY WERE BROUGHT BACK ONLINE IN AUGUST 2020 AND MAY 2021, RESPECTIVELY. 382920 170644 MUSEUM SHOP - THE GIFT SHOP OFFERS BOOKS, MULTIMEDIA, MUSEUM PRODUCTS, GIFTS AND TOYS THAT DOCUMENT AND/ OR COMMEMORATE THE IMMIGRANT EXPERIENCES AND THE STORIES OF LIFE AND HISTORICAL PERSPECTIVES OF THE LOWER EAST SIDE. 5062033 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 56 0 1 160 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X THE ORGANIZATION 2124310233 103 ORCHARD STREET NEW YORK NY 10002 SCOTT METZNER CO - BOARD CHAIR 1.00 X X 0 0 0 MERRYL SNOW ZEGAR CO - BOARD CHAIR 1.00 X X 0 0 0 DAN KRAMER TREASURER 1.00 X X 0 0 0 ALICE F YURKE SECRETARY 1.00 X X 0 0 0 ZACH D AARONS TRUSTEE 1.00 X 0 0 0 MOHAMMED BADI TRUSTEE 1.00 X 0 0 0 ANDREW S BERKMAN TRUSTEE 1.00 X 0 0 0 MARGARET CHIN TRUSTEE 1.00 X 0 0 0 GERALD DONINI THRU 1220 TRUSTEE 1.00 X 0 0 0 TOM DYE TRUSTEE 1.00 X 0 0 0 BRUCE GEISMAR TRUSTEE 1.00 X 0 0 0 SUSAN GRAY TRUSTEE 1.00 X 0 0 0 CHRISTINE GREER TRUSTEE 1.00 X 0 0 0 GARY E HANDEL FAIA TRUSTEE 1.00 X 0 0 0 NICOLE HOWE BUGGS TRUSTEE 1.00 X 0 0 0 PHIL KLEWENO TRUSTEE 1.00 X 0 0 0 HELEN LISS TRUSTEE 1.00 X 0 0 0 ALI MAYORKAS THRU 1220 TRUSTEE 1.00 X 0 0 0 MICHELE MIRMAN TRUSTEE 1.00 X 0 0 0 RON MOELIS TRUSTEE 1.00 X 0 0 0 STUART NACHMIAS TRUSTEE 1.00 X 0 0 0 MAE M NGAI TRUSTEE 1.00 X 0 0 0 SANDRA PANEM TRUSTEE 1.00 X 0 0 0 HARVEY M ROSS TRUSTEE 1.00 X 0 0 0 ELEANOR PELTA TRUSTEE 1.00 X 0 0 0 TATIANA SEGAL TRUSTEE 1.00 X 0 0 0 SHIMON SHKURY TRUSTEE 1.00 X 0 0 0 JILL TOTENBERG TRUSTEE 1.00 X 0 0 0 CHRISTOPHER P WILLCOX TRUSTEE 1.00 X 0 0 0 COOPER B ZELNICK TRUSTEE 1.00 X 0 0 0 MAHENDRA HARIRAJ STARTED 720 VP OF FINANCE 40.00 X 78182 0 0 MICHELLE MOON THRU 320 CHIEF PROGRAMS OFFICER 40.00 X 59331 0 3380 JULIE DAVIDSON CHIEF DEVELOPMENT OFFICER 40.00 X 183639 0 20466 NANCY RACHMAN DIRECTOR OF DEVELOPMENT 40.00 X 113739 0 5803 ANNE BRENNER VP OF HR 40.00 X 119908 0 17497 RACHAEL GRYGORCEWICZ VP OF VISITOR SERVICES 40.00 X 108444 0 12699 ALSIA MARTIN VP OF EDUCATION OPS 40.00 X 108211 0 16608 IAN PATRICK DIRECTOR OF EVENTS AND DONOR ENGAGEMENT 40.00 X 105415 0 12658 876869 0 89111 7 0 1 0 PROSKAUER ROSE LLP ELEVEN TIMES SQUARE NEW YORK NY 10036 LEGAL SERVICES 137575 1 956029 2317304 4371829 54624 7645162 PROGRAM REVENUE 611710 522732 522732 MUSEUM SHOP SALES 451211 170644 170644 MEMBERSHIP SUBSCRIPTIO 611710 97678 97678 MISCELLANEOUS REVENUE 611710 66035 66035 857089 8567 8567 176608 0 176608 176608 176608 39265 956029 39265 0 8687426 857089 0 185175 516816 75146 218215 223455 2957509 2468506 139510 349493 135327 110802 9804 14721 486908 365223 50596 71089 293246 216159 29931 47156 269815 637 269178 59818 59818 88558 66392 22166 78788 78733 55 220980 130766 45547 44667 256967 153780 70570 32617 2072 395 1677 128544 128544 1100893 1050794 19331 30768 115138 85202 21876 8060 BAD DEBT 120975 120975 RETAIL ACTIVITY PURCHAS 83024 83024 BANK AND CREDIT CARD CH 65437 24561 23134 17742 PAYROLL PROCESSING 14517 10162 2903 1452 17249 13207 3766 276 7012581 5062033 1109052 841496 3879681 5957668 326754 327107 1315036 1595152 16207 12891 187860 132096 97531 154904 35992546 10005282 26797357 25987264 2747234 2755637 329 329 35367989 36923048 262302 354045 34535 46961 1410400 1347484 9289515 9197264 10996752 10945754 X 21106424 20948662 3264813 5028632 24371237 25977294 35367989 36923048 X 1674845 -68788 X 0 1 X 1 0 X 6919493 3075749 3617292 5177392 7742840 26532766 6919493 3075749 3617292 5177392 7742840 26532766 1061063 25471703 164825 157693 188168 199048 185175 894909 27427675 29073282 0.92870 0.95990 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 2747234 8567 2755801 2703689 43545 2747234 2669258 34431 2703689 2664512 4746 2669258 2659788 4724 2664512 1.00000 0 0 1035000 1035000 18894350 3853962 15040388 14408824 5309573 9099251 1654372 841747 812625 25987264 CERTIFICATE OF DEPOSIT 2755637 F 2755637 TENANT SECURITY DEPOSIT 13673 LONG TERM BOND OBLIGATION 9183591 9197264 8687426 0 8687426 0 8687426 7026165 13584 13584 7012581 0 7012581 PART III, LINE 1A: THE MUSEUM MAINTAINS COLLECTIONS OF OVER 14,000 ITEMS THAT HAVE A DIRECT ASSOCIATION WITH 97 AND 103 ORCHARD STREET OR OTHER HISTORIC SITES AND OTHER OBJECTS THAT ARE SUITABLE FOR EXHIBITION OR TEACHING PURPOSES. THE MUSEUM ALSO MAINTAINS A LIBRARY AND AN ARCHIVE OF OTHER HISTORICAL MATERIALS. THESE OBJECTS AND RESOURCES ARE MAINTAINED FOR THE PUBLIC BENEFIT TO BE USED FOR EDUCATION AND RESEARCH ACTIVITY. IN CONFORMITY WITH ACCOUNTING POLICIES GENERALLY FOLLOWED BY MUSEUMS, THE VALUE OF THESE RESOURCES HAS BEEN EXCLUDED FROM THE STATEMENT OF FINANCIAL POSITION, AND GIFTS OF OBJECTS FOR THE COLLECTION AND LIBRARY ARE EXCLUDED FROM THE STATEMENT OF ACTIVITIES. ACQUISITIONS FOR THE COLLECTIONS ARE REFLECTED AS DECREASES IN THE MUSEUM'S UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED. PART III, LINE 4: FOR OUR COLLECTION WE COLLECT MATERIALS THAT RELATE TO OUR HISTORIC PROPERTIES, HAVE SIGNIFICANCE TO THE FAMILIES THAT LIVED THERE OR ANY BUSINESSES THAT EXISTED THERE AND/OR MATERIALS THAT WE CAN USE TO EDUCATE THE PUBLIC THROUGH EXHIBITION AND/OR STUDY. OUR COLLECTION PROVIDES A STARTING POINT FOR MUSEUM VISITORS TO UNDERSTAND HOW THE EXPERIENCES OF EARLIER WAVES OF IMMIGRANTS COMPARE AND CONTRAST WITH NEWCOMERS TODAY. PART V, LINE 4: TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY THE ENDOWMENT. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON MODIFICATION OF FINANCING OBLIGATION PAYABLE 25,315. CHANGE IN FAIR VALUE OF INTEREST RATE SWAP NET OF BREAKAGE FEE -11,731. VIRTUAL GALA 995294 956029 39265 39265 995294 956029 39265 39265 39265 0 1 X X X X 0 0 0 0 0 0 0 0 0 JULIE DAVIDSON CHIEF DEVELOPMENT OFFICER 183639 0 0 0 0 0 9322 0 11144 0 204105 0 0 0 A BUILD NYC RESOURCE CORPORATION 454040561 2015-11-24 10700000 BUILDING ACQUISITION AND RENOVATION 0 0 0 A 329 284930 251777 10162975 0 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 0 A 0 X 3 54624 HIGH-LOW AVERAGE X 6 NO VALUE ASSIGNED 0 1 1 PART I, LINE 32B: THE LOWER EAST SIDE TENEMENT MUSEUM USES OPPENHEIMER & CO. INC AS A THIRD PARTY ONLY TO PROCESS AND SELL OUR STOCK GIFTS. FORM 990, PART VI, SECTION B, LINE 11B OUR CPA FIRM PREPARES FORM 990. THE MUSEUM SUBMITS FORM 990 TO THE BOARD'S FINANCE COMMITTEE AND FULL BOARD FOR REVIEW AND APPROVAL. THE CPA FIRM WILL THEN BE AUTHORIZED TO FILE ONLINE. FORM 990, PART VI, SECTION B, LINE 12C THE MUSEUM PROVIDES A CONFLICT OF INTEREST POLICY IN ITS EMPLOYEE HANDBOOK AS IT APPLIES TO TRUSTEES, STAFF AND VOLUNTEERS. IT REVIEWS POTENTIAL CONFLICTS OF INTEREST WITH TRUSTEES ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES DECIDES THE COMPENSATION FOR THE PRESIDENT. COMPENSATION FOR ALL OTHER POSITIONS ARE DETERMINED USING SALARY GUIDES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC. THE FINANCIAL STATEMENT IS POSTED ON GUIDESTAR AND ORGANIZATION'S WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP 11,731. CUMULATIVE EFFECT OF CHANGE IN ACCOUNTING PRINCIPLE -55,204. LOSS ON MODIFICATION OF FINANCING OBLIGATION PAYABLE -25,315.