2022-05-09T08:37:38-05:00 2021-06-30 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2020-07-01 131789318 WHITNEY MUSEUM OF AMERICAN ART WHIT 2125703600 99 GANSEVOORT STREET NEW YORK NY 10014 ID ARUEDE CFO/CO-CHIEF OPERATING OFFICER 2125703600 2022-05-16 1 ID ARUEDE XXX-XX-XXXX FREDERICK MARTENS P00298107 2126972299 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z ADAM D WEINBERG 99 GANSEVOORT STREET NEW YORK NY 10014 238758000 0 X WHITNEY.ORG X 1926 NY THE WHITNEY MUSEUM OF AMERICAN ART IS A MUSEUM DEVOTED TO AMERICAN ART OF THE 20TH AND 21ST CENTURIES. 51 50 490 111 -208000 0 82725000 48648000 6875000 2875000 18298000 11788000 5245000 4396000 113143000 67707000 0 0 0 0 35598000 33781000 0 0 2884000 46594000 81584000 82192000 115365000 30951000 -47658000 937771000 1002954000 127581000 135878000 810190000 867076000 X THE WHITNEY SEEKS TO BE THE DEFINING MUSEUM OF 20TH AND 21ST CENTURY AMERICAN ART. THE MUSEUM COLLECTS, EXHIBITS, PRESERVES, RESEARCHES AND INTERPRETS ART OF THE U.S. IN THE BROADEST GLOBAL, HISTORICAL AND INTERDISCIPLINARY CONTEXTS. AS THE PREEMINENT ADVOCATE FOR AMERICAN ART, WE FOSTER THE WORK OF LIVING ARTISTS AT CRITICAL MOMENTS IN THEIR CAREERS. THE WHITNEY EDUCATES A DIVERSE PUBLIC THROUGH DIRECT INTERACTION WITH ARTISTS, OFTEN BEFORE THEIR WORK HAS ACHIEVED GENERAL ACCEPTANCE. 0 0 75422000 2718000 COLLECTION AND EXHIBITIONS OF AMERICAN ARTIN FY21, THE WHITNEY MUSEUM OF AMERICAN ART PRESENTED 15 EXHIBITIONS. THESE INCLUDED: THE WHITNEY'S COLLECTION: SELECTIONS FROM 1900 TO 1965 (JUNE 28, 2019 - PRESENT); ORDER AND ORNAMENT: ROY LICHTENSTEIN'S ENTABLATURES (SEPTEMBER 27, 2019 - NOVEMBER 16, 2020); MAKING KNOWING: CRAFT IN ART, 1950-2019 (NOVEMBER 22, 2019 - FEBRUARY 22, 2022); CAULEEN SMITH: MUTUALITIES (FEBRUARY 17, 2020 - JANUARY 31, 2021); VIDA AMERICANA: MEXICAN MURALISTS REMAKE AMERICAN ART, 1925-1945 (FEBRUARY 17, 2020 - JANUARY 31, 2021); AGNES PELTON: DESERT TRANSCENDENTALIST (MARCH 13 - NOVEMBER 1, 2020); AROUND DAY'S END: DOWNTOWN NEW YORK, 1970-1986 (SEPTEMBER 3, 2020 - NOVEMBER 1, 2020); SALMAN TOOR: HOW WILL I KNOW (NOVEMBER 13, 2020 - APRIL 4, 2021); NOTHING IS SO HUMBLE: PRINTS FROM EVERYDAY OBJECTS (NOVEMBER 20, 2020 - APRIL 18, 2021); WORKING TOGETHER: THE PHOTOGRAPHERS OF THE KAMOINGE WORKSHOP, (NOVEMBER 21, 2020 - MARCH 28, 2021); JULIE MEHRETU (MARCH 25, 2021 - AUGUST 8, 2021); MADELINE HOLLANDER: FLATWING (MARCH 25, 2021 - AUGUST 8, 2021); PERMANENT COLLECTION: CAROL BOVE AND VIRGINIA OVERTON (APRIL 1, 2021 - FEBRUARY 7, 2022); DAWOUD BEY: AN AMERICAN PROJECT (APRIL 17, 2021 - OCTOBER 3, 2021); AND DAVE MCKENZIE: THE STORY I TELL MYSELF (MAY 1, 2021 - OCTOBER 4, 2021). FY21 PERFORMANCES AT THE MUSEUM INCLUDED DAVE MCKENZIE: THE STORY I TELL MYSELF (MAY 1, 2021 - OCTOBER 4, 2021). AN ONGOING SERIES OF OUTDOOR ART SHOWN ACROSS GANSEVOORT STREET FROM THE MUSEUM HAD TWO INSTALLATIONS: JILL MULLEADY: WE WITHER TIME INTO A COIL OF FRIGHT (MARCH 2, 2020 - JANUARY 24, 2021) AND ANDREA CARLSON: RED EXIT (JANUARY 25, 2021 - SEPTEMBER 19, 2021).THE FOLLOWING EXHIBITIONS TOURED NATIONALLY: ROBERT RAUSCHENBERG: FIVE DECADES FROM THE WHITNEY'S COLLECTION (THE NORTON MUSEUM OF ART, WEST PALM BEACH, FL); JULIE MEHRETU, CO-ORGANIZED WITH LACMA (LOS ANGELES COUNTY MUSEUM OF ART, LOS ANGELES, CA; AND HIGH MUSEUM OF ART, ATLANTA, GA); DAWOUD BEY: AN AMERICAN PROJECT, CO-ORGANIZED WITH SFMOMA (SAN FRANCISCO MUSEUM OF MODERN ART, SAN FRANCISCO, CA; AND HIGH MUSEUM OF ART, ATLANTA, GA); AND VANTAGE POINTS: CONTEMPORARY PHOTOGRAPHY FROM THE WHITNEY MUSEUM OF AMERICAN ART (ASHEVILLE ART MUSEUM, ASHEVILLE, NC). 9399000 157000 CURATORIAL AND RELATED SUPPORTIN FY21, THE WHITNEY MUSEUM OF AMERICAN ART CONTINUED ITS ONGOING STUDY INTO THE MORE THAN 26,000 OBJECTS IN THE COLLECTION BY OVER 3,600 ARTISTS. THE WHITNEY CONTINUED ITS WORK ON A MULTI-YEAR, CROSS-DEPARTMENTAL, AND CROSS-INSTITUTIONAL RESEARCH PROJECT TO UNDERSTAND THE ORIGIN, SCOPE, EVOLUTION, USE, AND IMPACT OF THE MUSEUM'S COLLECTION. THE PROJECT, WHICH WILL CULMINATE IN THE WHITNEY'S FIRST EVER COLLECTION STRATEGIC PLAN, WILL OFFER RECOMMENDATIONS, GOALS, AND OBJECTIVES FOR THE FUTURE OF THE WHITNEY'S COLLECTION THAT IS INFORMED BY THE INSTITUTION'S HISTORY AND ENRICHED BY ITS DESIRE TO MAKE ITS HOLDINGS USEFUL, DYNAMIC, AND RELEVANT FOR TODAY AND THE FUTURE. THE WHITNEY CONTINUES TO REFINE AND EXPERIMENT WITH ITS STRATEGIES FOR DISPLAYING MORE OF THE PERMANENT COLLECTION WITHIN ITS GALLERY SPACES. THE RESULTING COLLECTION DISPLAYS CREATE THEMATIC, ART HISTORICAL CONTEXTS AND COUNTERPOINTS TO THE ONGOING SPECIAL EXHIBITIONS PROGRAM, AND EXPLORE HOW THE INSTITUTION CAN CONTRIBUTE TO NEW NARRATIVES ABOUT AMERICAN CULTURE AND HISTORY. RICH DOCUMENTATION OF THESE INSTALLATIONS AND MANY OF THE ARTWORKS WITHIN THEM ALLOWED THESE EXHIBITIONS TO REMAIN ACCESSIBLE THROUGH THE MUSEUM'S WEBSITE. THE WHITNEY HAD TO CLOSE TEMPORARILY DUE TO COVID-19. THE WHITNEY'S ON-SITE PROGRAM REOPENED TO THE PUBLIC ON SEPTEMBER 3, 2020 WITH COVID-19 SAFETY PRECAUTIONS IN PLACE. WORK WAS ONGOING TO DIGITIZE THE MUSEUM'S COLLECTIONS, A PROJECT THAT IS A CRUCIAL ASPECT OF THE INCREASED SCOPE OF THE CURATORIAL, CONSERVATION, AND RESEARCH RESOURCES TEAMS IN ITS GREATLY ENLARGED FACILITY. THE WHITNEY'S PERMANENT COLLECTION REMAINED ONLINE AND AVAILABLE TO THE PUBLIC AS A SEARCHABLE RESOURCE AND IS UPDATED REGULARLY AS NEW WORKS ENTER THE COLLECTION. IMPORTANT LIBRARY AND SPECIAL COLLECTIONS HOLDINGS ARE KEPT ON SITE, AS WELL AS ABOUT 15,000 WORKS ON PAPER THAT ARE STORED IN THE SONDRA GILMAN STUDY CENTER, FACILITATING ACCESS TO THEM FOR CURATORS AND SCHOLARS. THE SONDRA GILMAN STUDY CENTER SUPPORTS CROSS-MEDIUM, CROSS-DISCIPLINARY RESEARCH, ALLOWING MUSEUM STAFF, ARTISTS, SCHOLARS, AND RESEARCHERS ACCESS TO THE COLLECTION AND OPPORTUNITY FOR CLOSE MATERIAL AND TECHNICAL EXAMINATION OF OBJECTS. AS SUCH, THE STUDY CENTER IS AN EXCEPTIONAL RESOURCE FOR HISTORIANS AND CURATORS OF MODERN AND CONTEMPORARY ART, MAKING THE WHITNEY'S WORLD-CLASS HOLDINGS AVAILABLE FOR PRIMARY RESEARCH AND IN-DEPTH CONSULTATION. IN FY21, THE STUDY CENTER REMAINED CLOSED DUE TO COVID-19, HOWEVER, PLANS FOR ITS REOPENING WERE UNDERWAY. 4627000 EDUCATION PROGRAMS DURING FY21, THE WHITNEY'S EDUCATION DEPARTMENT TRANSITIONED TO REMOTE-ONLINE LEARNING IN RESPONSE TO COVID-19. ALL TEAMS RAPIDLY DEVELOPED A NEW ROSTER OF PROGRAMS TO ENGAGE THE WHITNEY'S WORLD-CLASS COLLECTION OF AMERICAN ART AND REACH THE DIVERSE ONLINE AUDIENCE THAT TYPICALLY VISITS THE MUSEUM. DURING THIS PANDEMIC YEAR, THE MUSEUM SAW A REMARKABLE GROWTH OF A VIRTUAL INTERNATIONAL AUDIENCE AND ONLINE PROGRAMMING ABOUT THE WHITNEY COLLECTION AND EXHIBITIONS DESIGNED BY MUSEUM EDUCATORS. THE WHITNEY SERVED A TOTAL OF 123,515 ONLINE VISITORS THROUGH VIRTUAL SCHOOL, YOUTH, FAMILY, PUBLIC, AND ACCESS & COMMUNITY PROGRAMS. AN ADDITIONAL 619,330 ASYNCHRONOUS USERS ONLINE WERE SERVED THROUGH DIGITAL ENGAGEMENT WITH INTERPRETIVE CONTENT OF AUDIO GUIDES, RECORDED VIDEOS OF PROGRAMS ON YOUTUBE, AND PODCASTS. A TOTAL OF 20,782 OF THESE ONLINE VISITORS WERE K-12 STUDENTS. THIS FIGURE INCLUDES A TOTAL OF 4,020 STUDENTS SERVED THROUGH ONLINE LESSONS. EDUCATION STAFF WORKED WITHIN AND ACROSS PROGRAM AREAS ON ZOOM TO PRESENT DYNAMIC PROGRAMMING THAT EXPLORED CRITICAL QUESTIONS ABOUT AMERICAN ART, CULTURE, AND SOCIETY. AS NYC CLOSED DOWN TO REDUCE THE SPREAD OF COVID-19, THE WHITNEY'S EDUCATION STAFF WERE EARLY TO IDENTIFY THE DISTINCT NEED AND GROWING GAP IN PROVIDING ARTS EDUCATION TO K-12 STUDENTS AND SUPPORT FOR EDUCATORS ACROSS THE CITY. IN RESPONSE, PROGRAMS FOR SCHOOLS MOVED ONLINE FOR A SECOND YEAR. THE SCHOOL PROGRAM TEAM COMPLETED 975 ONLINE LESSONS WITH 71 DIFFERENT K-12 PUBLIC SCHOOLS ACROSS NYC. IN ADDITION, THE WHITNEY EDUCATION DEPARTMENT CONTINUED ALL TEEN YOUTH INSIGHTS COHORTS WITH A TOTAL OF 92 ONLINE MEETINGS AND TEEN'S EVENTS, SERVING 192 TEENS TO EXPAND THEIR ARTISTIC PRACTICES FROM HOME.TODAY, PUBLIC PROGRAMS AND PUBLIC ENGAGEMENT CONTINUE PRESENTING PROVOCATIVE AND EXPERIMENTAL EVENTS THAT ENGAGE AUDIENCES IN CRITICAL DIALOGUES ON ART AND CULTURAL PRODUCTION. FOR EXHIBITIONS VIDA AMERICANA: MEXICAN ARTISTS REMAKE AMERICAN ART, CAULEEN SMITH: MUTUALITIES, SALMAAN TOOR: HOW WILL I KNOW, WORKING TOGETHER: THE PHOTOGRAPHERS OF THE KAMOINGE WORKSHOP, ANDREA CARLSON: RED EXIT, DAWOUD BEY: AN AMERICAN PROJECT, AND JULIE MEHRETU. PUBLIC PROGRAMS PRESENTED 41 VIRTUAL PROGRAMS SERVING 22,480 SYNCHRONOUS VIEWERS, WITH 45,373 INDIVIDUALS REGISTERED FOR THE PROGRAMS. WITH THE SHIFT TO ZOOM AS A PLATFORM FOR PROGRAMMING, THE MUSEUM ENGAGED WITH AUDIENCES IN NEW AND EXCITING WAYS. THE WHITNEY'S EMAIL LIST GREW TO OVER 24,000 SUBSCRIBERS, AND THE MUSEUM HAS BEGUN TO COLLECT FEEDBACK FROM PROGRAM ATTENDEES THROUGH SHORT SURVEYS AFTER PROGRAMS. PUBLIC PROGRAMS FOCUSED ON MAKING EVENTS MORE ACCESSIBLE: STARTING IN SEPTEMBER 2020, ALL EVENTS ARE OFFERED WITH CLOSED CAPTIONING AND PROVIDE ASL INTERPRETATION WHEN REQUESTED, AS WELL AS FIVE FREE WITH LIVE SPANISH TRANSLATION.FAMILY PROGRAMS HAD 71 ONLINE ART CLUBS AND WORKSHOP STUDIOS SERVING 11,153 PEOPLE (BETWEEN KIDS AND ADULTS). ONE SUCH INITIATIVE WAS WHITNEY KIDS ART CHALLENGE, DESIGNED FOR KIDS AND GROWNUPS TO DO TOGETHER WITH MATERIALS EASILY FOUND IN THE HOME BASED ON WORKS IN THE WHITNEY'S PERMANENT COLLECTION. IN FY21, THE DEPARTMENT OFFERED ITS ANNUAL ART COLLEGE NIGHT FOR NYC TEENS, ON ZOOM. REPRESENTATIVES FROM COLLEGES IN THE NEW YORK AREA GAVE INFORMATION ABOUT SCHOLARSHIP OPPORTUNITIES, COLLEGE ESSAY WRITING TIPS, AND MUCH MORE. THE MUSEUM ALSO CONTINUED ITS COMMITMENT TO ACCESSIBILITY FOR DISABLED AND NON-DISABLED VISITORS OF ALL AGES BY DEVELOPING AMERICAN SIGN LANGUAGE VLOGS, RUNNING VERBAL DESCRIPTION TOURS, FAMILY FUN FOR KIDS ON THE AUTISM SPECTRUM WORKSHOPS, WHITNEY SIGNS ONLINE, AND PROGRAMMED SPECIAL ACCESS PROGRAMS EVENTS ONLINE. THIS YEAR THE MUSEUM ALSO DESIGNED PROGRAMS FOR THE INSTALLATION OF DAVID HAMMONS'S DAY'S END, A PUBLIC ART PROJECT LOCATED IN HUDSON RIVER PARK ALONG THE SOUTHERN EDGE OF GANSEVOORT PENINSULA DIRECTLY ACROSS FROM THE MUSEUM. IN FY21, THE MUSEUM CONTINUED TO BUILD OUT A VARIETY OF DIGITAL INTERPRETATIVE MATERIALS RELATED TO DAY'S END AND THE NEIGHBORHOOD AVAILABLE TO THE PUBLIC FREE OF CHARGE ON-SITE AND ONLINE. THESE MATERIALS INCLUDE NEW AUDIO, VIDEO, OR PODCAST CONTENT OF HOW WILL I KNOW, WORKING TOGETHER: THE PHOTOGRAPHERS OF THE KAMOINGE WORKSHOP, DAVID HAMMONS: DAY ENDS, JULIE MEHRETU, DAVE MCKENZIE: THE STORY I TELL MYSELF, AND DAWOUD BEY: AN AMERICAN PROJECT. FOR MORE INFORMATION ABOUT WHITNEY EDUCATION, PLEASE VISIT WHITNEY.ORG/EDUCATION. 2503000 523000 PUBLICATION AND RETAIL SALES:MUSEUM RELATED AUXILLARY SERVICES THAT PROVIDE PRODUCTS RELATED TO THE MUSEUM'S COLLECTION AND EXHIBITIONS. 2503000 523000 91951000 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 0 1 0 0 0 1 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 1 120 0 1 490 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 51 50 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 AL AK AR CA CO CT DC FL GA HI IL KY ME MD MA MI MN NH NJ NC ND OH OK OR PA RI SC UT VA WA WV WI X X ID ARUEDE CFOCO-CHIEF OPERATING OFFICER 2126711820 99 GANSEVOORT STREET NEW YORK NY 10014 ADAM D WEINBERG ALICE PRATT BROWN DIRECTOR 35.00 X X 931286 0 199093 FERN KAYE TESSLER PRESIDENT 1.00 X X 0 0 0 ROBERT J HURST CHAIRMAN OF EXECUTIVE COMMITTEE 1.00 X X 0 0 0 RICHARD M DEMARTINI CHAIRMAN 1.00 X X 0 0 0 NANCY CARRINGTON CROWN VICE CHAIRMAN 1.00 X X 0 0 0 PAMELLA G DEVOS VICE CHAIRMAN 1.00 X X 0 0 0 BETH RUDIN DEWOODY VICE CHAIRMAN 1.00 X X 0 0 0 MIYOUNG LEE VICE CHAIRMAN 1.00 X X 0 0 0 ANNE-CECILIE ENGELL SPEYER VICE CHAIRMAN 1.00 X X 0 0 0 GAURAV K KAPADIA VICE PRESIDENT 1.00 X X 0 0 0 NANCY POSES VICE PRESIDENT 1.00 X X 0 0 0 SCOTT RESNICK VICE PRESIDENT 1.00 X X 0 0 0 DAVID W ZALAZNICK VICE PRESIDENT 1.00 X X 0 0 0 JOANNE LEONHARDT CASSULLO SECRETARY 1.00 X X 0 0 0 RICHARD D SEGAL TREASURER 1.00 X X 0 0 0 JUDY HART ANGELO TRUSTEE 1.00 X 0 0 0 PAUL ARNHOLD TRUSTEE 1.00 X 0 0 0 JILL BIKOFF TRUSTEE 1.00 X 0 0 0 LESLIE BLUHM TRUSTEE 1.00 X 0 0 0 NEIL G BLUHM TRUSTEE 1.00 X 0 0 0 ALESSANDRO BOGLIOLO TRUSTEE 1.00 X 0 0 0 DAVID CAREY TRUSTEE 1.00 X 0 0 0 HENRY CORNELL TRUSTEE 1.00 X 0 0 0 FIONA IRVING DONOVAN TRUSTEE 1.00 X 0 0 0 FAIRFAX N DORN TRUSTEE 1.00 X 0 0 0 LISE EVANS TRUSTEE 1.00 X 0 0 0 VICTOR F GANZI TRUSTEE 1.00 X 0 0 0 HENRY LOUIS GATES JR TRUSTEE 1.00 X 0 0 0 ROBERT B GOERGEN TRUSTEE 1.00 X 0 0 0 KATJA GOLDMAN TRUSTEE 1.00 X 0 0 0 SONDRA GILMAN GONZALEZ-FALLA TRUSTEE 1.00 X 0 0 0 BENNETT GOODMAN TRUSTEE 1.00 X 0 0 0 KENNETH C GRIFFIN TRUSTEE 1.00 X 0 0 0 SUSAN K HESS TRUSTEE 1.00 X 0 0 0 MICHAEL E KASSAN EX OFFICO TRUSTEE 1.00 X 0 0 0 CLAUDIA LAVIADA TRUSTEE 1.00 X 0 0 0 RAYMOND J LEARSY TRUSTEE 1.00 X 0 0 0 JONATHAN O LEE TRUSTEE 1.00 X 0 0 0 PAUL S LEVYESQ TRUSTEE 1.00 X 0 0 0 RAYMOND J MCGUIRE TRUSTEE 1.00 X 0 0 0 ERIC L MOTLEY TRUSTEE 1.00 X 0 0 0 BROOKE GARBER NEIDICH TRUSTEE 1.00 X 0 0 0 JULIE OSTROVER TRUSTEE 1.00 X 0 0 0 JOHN C PHELAN TRUSTEE 1.00 X 0 0 0 DONNA PERRET ROSEN TRUSTEE 1.00 X 0 0 0 ROBERT ROSENKRANZ TRUSTEE 1.00 X 0 0 0 JEN RUBIO TRUSTEE 1.00 X 0 0 0 MARY E BUCKSBAUM SCANLAN TRUSTEE 1.00 X 0 0 0 PAUL C SCHORR IV TRUSTEE 1.00 X 0 0 0 JONATHAN S SOBEL TRUSTEE 1.00 X 0 0 0 LAURIE M TISCH TRUSTEE 1.00 X 0 0 0 THOMAS E TUFT TRUSTEE 1.00 X 0 0 0 FRED WILSON TRUSTEE 1.00 X 0 0 0 PAMELA BESNARD CHIEF ADVANCEMENT OFFICER 35.00 X 346994 0 46127 AMY ROTH CO-CHIEF OPERATING OFFICER 35.00 X 346068 0 45980 IDEHEN ARUEDE CFO/CO-CHIEF OPERATING OFFICER 35.00 X 361270 0 22240 NICHOLAS S HOLMES GENERAL COUNSEL/ASSISTANT SECRETARY 35.00 X 199260 0 51268 SCOTT ROTHKOPF - SRDEPDIR NANCY&STEVEN CROWN FAM.CHIEF CURATOR 35.00 X 394251 0 15773 ADRIAN HARDWICKE CHIEF VISITOR EXPERIENCE OFFICER 35.00 X 201957 0 45384 CHRISTY L PUTNAM - ASSOC DIR FOR EXHIBITIONS & COLLECTIONS MANAGEMENT 35.00 X 208290 0 21059 CAROL C MANCUSI-UNGARO - MELVA BUCKSBAUM ASSOC.DIR.CONSERV.&RSCH. 35.00 X 253213 0 15740 STEPHANIE ADAMS DIRECTOR,INDIVIDUAL & PLANNED GIVING 35.00 X 211007 0 50809 LINDSAY POLLOCK - CHIEF COMMUNICATIONS AND CONTENT OFFICER 35.00 X 247944 0 3570 KATHRYN A POTTS - ASSOCDIR HELENA RUBENSTEIN CHAIR OF EDUCATION 35.00 X 248149 0 211357 HILLARY BLASS-HIROSE ASSOCIATE DIRECTOR OF HUMAN RESOURCES 35.00 X 203982 0 29559 4153671 0 757959 64 0 1 0 MASTERPIECE INTERNATIONAL 39 BROADWAY SUITE 1410 NEW YORK NY 10006 ART MOVING SERVICES 720994 US ART COMPANY INC 78 PACELLA PARK DRIVE RANDOLPH MA 02368 ART MOVING SERVICES 399588 TEMPORARY WALLS INC 412 STONE ROW LANE BANGOR PA 18013 CONSTRUCTION SERVICES 368450 MONTICELLO ASSOCIATES 1800 LARIMER STREET SUITE 2100 DENVER CO 80202 INVESTMENT CONSULTANT 340000 GUY NORDENSON & ASSOCIATES 29 BROADWAY 18TH FL NEW YORK NY 10006 ENGINEERING SERVICES 310858 19 6988000 2493000 5803000 33364000 2971000 48648000 ADMISSION INCOME 900099 2546000 2546000 TRAVELING EXHIBITIONS 900099 172000 172000 LOAN FEES 900099 157000 157000 2875000 2602000 -291000 2893000 229000 229000 3652000 8000 3644000 3644000 3644000 178885000 169699000 9186000 9186000 9186000 720000 2493000 720000 0 1147000 624000 523000 440000 83000 MISCELLANEOUS INCOME 900099 30000 30000 RESTAURANT INCOME(LOSS 900099 -30000 -30000 67707000 3315000 -208000 15952000 3239000 1055000 1573000 611000 22450000 14255000 7426000 769000 2084000 1281000 686000 117000 4715000 2555000 1931000 229000 1293000 1067000 145000 81000 536000 536000 202000 202000 72000 72000 693000 693000 1630000 763000 844000 23000 1026000 919000 107000 942000 919000 18000 5000 4797000 3453000 1344000 88000 27000 61000 2955000 2368000 370000 217000 10208000 8184000 1276000 748000 1334000 28000 1306000 ART ACQUISTIONS 51245000 51245000 OTHER(REIMBURSED),NET 5401000 3306000 2011000 84000 EXHIBITION EXPENSE 455000 454000 1000 115365000 91951000 20530000 2884000 13400000 17235000 10124000 12694000 21739000 22046000 1226000 1217000 4450000 4644000 30562000 2778000 445819000 81355000 373973000 364464000 163361000 89062000 318936000 468643000 0 20171000 937771000 1002954000 5174000 8349000 1316000 1451000 102976000 100693000 5000000 5593000 7522000 25385000 127581000 135878000 X 418962000 415927000 391228000 451149000 810190000 867076000 937771000 1002954000 X -47658000 101468000 3076000 X 0 1 X 1 0 X 43203000 58671000 56108000 82725000 48648000 289355000 43203000 58671000 56108000 82725000 48648000 289355000 39798170 249556830 6408000 5821000 10047000 8403000 6774000 37453000 836000 412000 488000 292000 2028000 328836000 67913000 0.75890 0.77180 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 72000 0 0 72000 0 PART II-B, LINE 1: LOBBYING ACTIVITIES CONSIST OF PAYMENTS TO A CONSULTANT TO ASSIST IN PREPARING MATERIALS AND CONDUCTING MEETINGS TO GAIN FUNDING FOR THE MUSEUM'S CAPITAL PROJECTS IN CITY AND STATE BUDGETS. X X X X 1 371839000 9199000 108663000 7757000 481944000 372314000 3530000 11834000 15839000 371839000 357673000 12031000 17630000 15020000 372314000 339078000 7475000 24942000 13822000 357673000 308428000 4335000 39595000 13280000 339078000 0.12499 0.54742 0.32760 0 0 34662000 34662000 386181000 75412000 310769000 2002000 2002000 0 22974000 3941000 19033000 364464000 EQUITY INVESTMENT FUNDS 190111000 F ALTERNATIVE INVESTMENTS : MULTI-STRATEGY & OTHER 143582000 F EQUITY LONG/SHORT 98379000 F REAL ASSETS 5291000 F PRIVATE EQUITY 30528000 F INVESTMENT REDEMPTION RECEIVABLES 752000 F 468643000 ACCRUED PENSION OBLIGATION 4748000 OPERATING LEASE LIABILITIES 20637000 25385000 171698000 101468000 3076000 104544000 67154000 553000 553000 67707000 114812000 0 114812000 553000 553000 115365000 PART III, LINE 1A: THE MUSEUM HAS AN EXTENSIVE COLLECTION OF ART, INCLUDING PAINTINGS, SCULPTURE, PHOTOGRAPHS, DRAWINGS, PRINTS, AND FILMS AND VIDEOS. THE COLLECTION IS MAINTAINED UNDER THE CARE OF THE REGISTRATION DEPARTMENT STAFF AND IS HELD FOR RESEARCH, EDUCATION AND PUBLIC EXHIBITION IN FURTHERANCE OF PUBLIC SERVICE, RATHER THAN FOR FINANCIAL GAIN. PROCEEDS FROM THE SALE OF COLLECTION ITEMS ARE USED TO ACQUIRE OTHER ITEMS FOR THE COLLECTION. THE MUSEUM DOES NOT INCLUDE EITHER THE COST OR THE VALUE OF ITS COLLECTION IN THE STATEMENT OF FINANCIAL POSITION, NOR DOES IT RECOGNIZE GIFTS OF COLLECTION ITEMS AS REVENUES IN THE STATEMENT OF ACTIVITIES. SINCE ITEMS ACQUIRED FOR THE COLLECTION BY PURCHASE ARE NOT CAPITALIZED, THE COST OF THOSE ACQUISITIONS IS REPORTED AS DECREASES IN NET ASSETS IN THE STATEMENT OF ACTIVITIES. PART III, LINE 4: THE WHITNEY MUSEUM OF AMERICAN ART SEEKS TO BE THE DEFINING MUSEUM OF THE 20TH & 21ST CENTURY AMERICAN ART. THE MUSEUM COLLECTS, EXHIBITS, PRESERVES, RESEARCHES AND INTERPRETS ART OF THE UNITED STATES IN THE BROADCAST GLOBAL, HISTORICAL AND INTERDISCIPLINARY CONTEXTS. AS THE PREEMINENT ADVOCATE FOR AMERICAN ART, WE FOSTER THE WORK OF LIVING ARTISTS AT THE CRITICAL MOMENTS IN THEIR CAREERS. THE WHITNEY EDUCATES A DIVERSE PUBLIC THROUGH DIRECT INTERACTION WITH ARTISTS, OFTEN BEFORE THEIR WORK HAS ACHIEVED GENERAL ACCEPTANCE. PART V, LINE 4: THE MUSEUM'S ENDOWMENT CONSISTS OF 141 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES, PRIMARILY TO SUPPORT THE GENERAL OPERATIONS AND EXHIBITION PROGRAMS OF THE MUSEUM, AS WELL AS THE SUPPORT OF THE BIENNIAL EXHIBITION PROGRAM, PERMANENT COLLECTION ACQUISITIONS, AND CURATORIAL SUPPORT. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN POST-RETIREMENT HEALTH/OTHER BENEFITS OTHER THAN NET PERIODIC COST 2,835,000. NET GAIN ON EXTINGUISHMENT OF BONDS PAYABLE 241,000. EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES TRAVELING EXHIBITIONS 1000 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS - FORM 990, PART X, LINE 12 219238000 0 0 0 0 0 0 219239000 0 219239000 1 0 1 0 1 0 PART III ACCOUNTING METHOD: GALA AND STUDIO PARTY 3213000 2493000 720000 382000 53000 285000 3213000 2493000 720000 382000 53000 285000 720000 0 X 1 1 X X X X X X 1 1 0 0 0 0 0 0 0 ADAM D WEINBERG ALICE PRATT BROWN DIRECTOR 716054 0 0 0 215232 0 153494 0 45599 0 1130379 0 0 0 PAMELA BESNARD CHIEF ADVANCEMENT OFFICER 346994 0 0 0 0 0 0 0 46127 0 393121 0 0 0 AMY ROTH CO-CHIEF OPERATING OFFICER 346068 0 0 0 0 0 0 0 45980 0 392048 0 0 0 IDEHEN ARUEDE CFO/CO-CHIEF OPERATING OFFICER 361270 0 0 0 0 0 0 0 22240 0 383510 0 0 0 NICHOLAS S HOLMES GENERAL COUNSEL/ASSISTANT SECRETARY 199260 0 0 0 0 0 0 0 51268 0 250528 0 0 0 SCOTT ROTHKOPF - SRDEPDIR NANCY&STEVEN CROWN FAM.CHIEF CURATOR 394251 0 0 0 0 0 0 0 15773 0 410024 0 0 0 ADRIAN HARDWICKE CHIEF VISITOR EXPERIENCE OFFICER 201957 0 0 0 0 0 0 0 45384 0 247341 0 0 0 CHRISTY L PUTNAM - ASSOC DIR FOR EXHIBITIONS & COLLECTIONS MANAGEMENT 208290 0 0 0 0 0 0 0 21059 0 229349 0 0 0 CAROL C MANCUSI-UNGARO - MELVA BUCKSBAUM ASSOC.DIR.CONSERV.&RSCH. 253213 0 0 0 0 0 0 0 15740 0 268953 0 0 0 STEPHANIE ADAMS DIRECTOR,INDIVIDUAL & PLANNED GIVING 211007 0 0 0 0 0 0 0 50809 0 261816 0 0 0 LINDSAY POLLOCK - CHIEF COMMUNICATIONS AND CONTENT OFFICER 227175 0 0 0 20769 0 0 0 3570 0 251514 0 0 0 KATHRYN A POTTS - ASSOCDIR HELENA RUBENSTEIN CHAIR OF EDUCATION 177406 0 0 0 70743 0 167485 0 43872 0 459506 0 0 0 HILLARY BLASS-HIROSE ASSOCIATE DIRECTOR OF HUMAN RESOURCE 130639 0 0 0 73343 0 0 0 29559 0 233541 0 0 0 PART I, LINE 1A THE MUSEUM'S DIRECTOR IS PROVIDED WITH A HOUSING ALLOWANCE. PART I, LINES 4A-B ADAM D. WEINBERG, DIRECTOR - $153,494 - DEFFERRED COMPENSATION KATHRYN A POTTS - ASSOC. DIR. HELENA RUBENSTEIN CHAIR OF EDUCATION - $50,000 SEVERANCE PAID DURING 2020; $167,485 SEVERANCE ACCRUED AND REPORTED AS DEFERRED COMPENSATION. A THE TRUST FOR CULTURAL RESOURCES OF THE CITY OF NEW YORK 131789318 649717VM4 2021-01-07 101213818 SEE PART V BELOW 0 0 0 A 101213818 27145 859470 100354348 2021 1 0 1 1 A 0 1 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 0 0 0 0 0 0 A 1 SCHEDULE K SUPPLENTAL INFORMATION IN JANUARY 2021, THE TRUST FOR CULTURAL RESOURCES OF THE CITY OF NEW YORK (THE "TRUST") ISSUED SERIES 2021 REFUNDING REVENUE BONDS PURSUANT TO THE REFUNDING REVENUE BOND RESOLUTION (WHITNEY MUSEUM OF AMERICAN ART), AS SUPPLEMENTED BY THE SERIES 2021 RESOLUTION, EACH ADOPTED BY THE TRUST ON DECEMBER 7, 2020, THE PROCEEDS OF WHICH HAVE BEEN LOANED TO THE MUSEUM PURSUANT TO A LOAN AGREEMENT DATED AS OF JANUARY 1, 2021 BY AND BETWEEN THE MUSEUM AND THE TRUST. SUCH PROCEEDS HAVE BEEN APPLIED TO THE REFINANCING OF THE MUSEUM'S 2011 REVENUE BONDS WHICH WERE USED TO FINANCE THE MUSEUM'S NEW DOWNTOWN FACILITY LOCATED IN THE MEATPACKING DISTRICT IN MANHATTAN, NEW YORK. NOTE ON PART III, 2: THE INSTITUTION ENTERS INTO VARIOUS LICENSE AGREEMENTS WHICH ARE ALLOCATED TO THE NON-FINANCED PORTION OF THE SPACE. X 12 N/A X 59 2722000 FAIR MARKET VALUE X VENDOR ITEMS 15 249000 FAIR MARKET VALUE 12 0 1 1 PART I, LINE 32B: AS PART OF THE MUSEUM'S FUNDRAISING EFFORTS, THE MUSEUM COMMISSIONS LIMITED EDITION WORKS OF ART FOR THE PURPOSES OF SALE. IN CONNECTION WITH THOSE SALES, THE MUSEUM ENGAGED THIRD PARTIES TO SELL THE WORKS. PART I, LINE 33: NO AMOUNT IS REPORTED ON FORM 990, PART VIII, STATEMENT OF REVENUE, LINE 1G, BECAUSE THE WHITNEY DOES NOT CAPITALIZE ITS COLLECTIONS, AS PERMITTED UNDER GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. FORM 990, PART VI, SECTION A, LINE 1 IN ACCORDANCE WITH THE MUSEUM'S BY-LAWS, THE EXECUTIVE COMMITTEE CONSISTS ENTIRELY OF MUSEUM TRUSTEES. THE EXECUTIVE COMMITTEE CURRENTLY CONSISTS OF 23 MEMBERS AND IS COMPOSED OF CERTAIN TRUSTEE OFFICERS, CERTAIN TRUSTEE COMMITTEE CHAIRS, AND OTHER TRUSTEES ELECTED BY RESOLUTION OF THE BOARD OF TRUSTEES. BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, AND SUBJECT TO THE GENERAL POLICIES ESTABLISHED BY THE BOARD, THE EXECUTIVE COMMITTEE HAS ALL THE POWERS OF THE FULL BOARD, EXCLUDING (I) THE REMOVAL OF TRUSTEES AND OFFICERS, (II) APPOINTING OF COMMITTEE CHAIRS, AND (II) AMENDING THE BY-LAWS. FORM 990, PART VI, SECTION A, LINE 2 NEIL BLUHM (TRUSTEE) AND LESLIE BLUHM (TRUSTEE) - FAMILY RELATIONSHIP. THOMAS LEE (HONORARY TRUSTEE) AND JONATHAN O. LEE (TRUSTEE) - FAMILY RELATIONSHIP. FIONA DONOVAN (TRUSTEE) AND FLORA MILLER BIDDLE (HONORARY TRUSTEE) - FAMILY RELATIONSHIP. DAVID W. ZALAZNICK (TRUSTEE) AND THOMAS E. TUFT (CO-CHAIRMAN), NEIL G. BLUHM (TRUSTEE) - BUSINESS RELATIONSHIP. RICHARD DEMARTINI (TRUSTEE) AND ROBERT HURST (TRUSTEE) - BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE MUSEUM'S FORM 990 TAX FILING IS COMPILED BASED ON INFORMATION OBTAINED FROM THE MUSEUM'S GENERAL LEDGER, AUDITED FINANCIAL STATEMENTS AND OTHER FINANCIAL SYSTEMS. THE MUSEUM'S CO-CHIEF OPERATING OFFICER AND CHIEF FINANCIAL OFFICER, SENIOR FINANCE/ACCOUNTING STAFF, GENERAL COUNSEL AND EXTERNAL TAX ADVISORS PARTICIPATE IN A SERIES OF DETAILED REVIEWS OF ALL INFORMATION TO BE INCLUDED IN THE FILING. ALL INFORMATION INCLUDED IN THE RETURN IS REVIEWED BY THE GROUP FOR ACCURACY AND CONTENT. THE COMPLETED FORM 990 AND RELATED SCHEDULES ARE ALSO PROVIDED TO THE MUSEUM'S SENIOR MANAGEMENT AND REVIEWED IN DETAIL WITH THE CO-CHIEF OPERATING OFFICER AND CHIEF FINANCIAL OFFICER. FINALLY, A PUBLIC INSPECTION COPY IS PROVIDED TO EACH MEMBER OF THE BOARD OF TRUSTEES PRIOR TO FILING THE RETURN. THE MUSEUM'S EXTERNAL TAX ADVISORS FILE THE FORM 990 ELECTRONICALLY WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE MUSEUM'S CODE OF ETHICS CONTAINS DETAILED DISCLOSURE REQUIREMENTS WITH RESPECT TO THE CONFLICTS OF INTERESTS FOR ITS BOARD AND STAFF. ON A REGULAR BASIS, THE BOARD AND OFFICERS OF THE MUSEUM COMPLETE A CONFLICTS OF INTEREST QUESTIONNAIRE. RESPONSES ARE COMPILED, REVIEWED WITH GENERAL COUNSEL AND THE CO-CHIEF OPERATING OFFICER AND CHIEF FINANCIAL OFFICER, AND FORWARDED TO THE AUDIT COMMITTEE. IF A CONFLICT IS DISCLOSED, BOARD MEMBERS WITH POTENTIAL CONFLICTS MAY NOT PARTICIPATE IN DELIBERATIONS AND NEED TO RECUSE THEMSELVES FROM VOTING ON PARTICULAR MATTERS. IN ADDITION, OFFICERS AND KEY EMPLOYEES ARE ASKED ANNUALLY TO REVIEW AND ACKNOWLEDGE COMPLIANCE WITH THE MUSEUM'S CODE OF ETHICS. FORM 990, PART VI, SECTION B, LINE 15 THE WHITNEY HAS A HUMAN RESOURCES/COMPENSATION COMMITTEE OF THE BOARD. MEMBERS INCLUDE THE CHAIRMAN, PRESIDENT, CHAIR OF THE FINANCE COMMITTEE ALONG WITH THREE OTHER TRUSTEES. THE COMMITTEE MEETS PERIODICALLY TO REVIEW PERFORMANCE AND COMPENSATION FOR THE DIRECTOR AND CERTAIN OTHER SENIOR STAFF. AS PART OF THE PROCESS, THE COMMITTEE REVIEWS COMPARATIVE DATA OBTAINED FROM SEVERAL INDEPENDENT SOURCES WHICH PROVIDE DATA FOR SIMILAR POSITIONS IN NEW YORK CITY AND NATIONALLY. FORM 990, PART VI, SECTION C, LINE 19 AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE ON THE MUSEUM'S WEBSITE. ALL OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: PENSION RELATED CHARGES OTHER THAN NET PERIODIC PENSION COSTS 2,835,000. NET GAIN ON EXTINGUISHMENT OF BOND PAYABLE 241,000. FORM 990 - GENERAL AMOUNTS REFLECTED IN THE 2020 FORM 990 FOR THE YEAR ENDED JUNE 30, 2021 HAVE BEEN ROUNDED TO THE NEAREST THOUSAND TO CONFORM WITH THE PRESENTATION IN THE MUSEUM'S AUDITED FINANCIAL STATEMENTS.