2021-05-14T16:38:13-05:00 2020-06-30 KPMG LLP 345 Park Avenue New York NY 101540102 990 2019-07-01 131847137 LINCOLN CENTER FOR THE PERFORMING ARTS INC % JIM O'HARA LINC 2128755000 70 LINCOLN CENTER PLAZA NEW YORK NY 10023 JIM O'HARA EVP, COO & CFO 2128755000 2021-05-13 true CHRISTINA ROSSETTI P01491094 2127589700 2021-05-12 2019 2022-09-23 18:48:47Z HENRY TIMMS 70 LINCOLN CENTER PLAZA NEW YORK NY 10023 259774426 false X WWW.ABOUTLINCOLNCENTER.ORG X 1956 NY TO SUSTAIN, ENCOURAGE, AND PROMOTE THE PERFORMING ARTS AND TO EDUCATE THE PUBLIC WITH RELATION THERETO. SEE SCHEDULE O FOR CONTINUATION. 84 83 1671 270 5316261 569326 56361863 134797011 76615414 65175449 18026879 5849137 1104406 1885374 152108562 207706971 2500620 2750475 0 0 72709439 73699864 45672 22336 8153242 79210513 73088859 154466244 149561534 -2357682 58145437 736519949 838780356 352149576 409035319 384370373 429745037 X TO SUSTAIN, ENCOURAGE, AND PROMOTE THE PERFORMING ARTS AND TO EDUCATE THE PUBLIC WITH RELATION THERETO. SEE SCHEDULE O FOR CONTINUATION. false false 72179426 50514816 FACILITY SERVICES - LINCOLN CENTER FOR THE PERFORMING ARTS PROVIDES FACILITY MAINTENANCE, PARKING, SECURITY AND CLEANING SERVICES FOR ELEVEN CONSTITUENT ORGANIZATIONS COMPRISING LINCOLN CENTER AND THE 16.3-ACRE AREA WHERE MOST RESIDE. PRIOR TO THE COVID-19 PANDEMIC, APPROXIMATELY 6.5 MILLION VISITORS FROM AROUND THE WORLD, INCLUDING APPROXIMATELY 4.5 MILLION AUDIENCE MEMBERS AT TICKETED AND FREE PERFORMANCES, SPECIAL EVENTS, AND CIVIC CELEBRATIONS, VISITED THE LINCOLN CENTER CAMPUS ANNUALLY. 21360270 7263088 PERFORMANCE PROGRAMMING - PRIOR TO THE COVID-19 PANDEMIC, LINCOLN CENTER FOR THE PERFORMING ARTS ANNUALLY PRESENTED OR PRODUCED SEVEN ANNUAL LIVE PERFORMANCE SERIES: AMERICAN SONGBOOK, GREAT PERFORMERS, LINCOLN CENTER OUT OF DOORS, MIDSUMMER NIGHT SWING, THE NEWLY EXPANDED MOSTLY MOZART FESTIVAL, WHITE LIGHT FESTIVAL, AND PROGRAMMING AT THE DAVID RUBENSTEIN ATRIUM. THESE SERIES COLLECTIVELY OFFERED PERFORMANCES YEAR-ROUND, WITH SPECIAL EMPHASIS ON EVENTS DURING THE SUMMER MONTHS WHEN MOST CONSTITUENTS ARE OFF-SEASON. SEE SCHEDULE O FOR CONTINUATION. 12170481 2592975 1325295 LINCOLN CENTER REDEVELOPMENT - LINCOLN CENTER DEVELOPMENT PROJECT EMBRACES LINCOLN CENTER'S GOAL OF FOSTERING THE PERFORMING ARTS TO IMPROVE THE CULTURAL LIFE OF COMMUNITIES THROUGHOUT THE UNITED STATES AND THE WORLD BY OVERSEEING THE ACTIVITIES ASSOCIATED WITH RENOVATING, MODERNIZING AND RECONFIGURING BUILDINGS ON THE LINCOLN CENTER CAMPUS OPEN TO THE PUBLIC FOR EDUCATIONAL AND CULTURAL PERFORMANCES. IN ADDITION, INCLUDED IN TOTAL EXPENSES REPORTED ABOVE ARE $9,577,506 IN FINANCING COSTS RELATED TO CAMPUS CAPITAL PROJECTS. 8574356 157500 3067277 114284533 true true false true false false false false false true true true false false true true false true false false true false false true true false false true true true true false false false false false false false false false true true false false false false true true true false false true 490 0 true 1671 true true true false false false false true true false false false false false false X 84 83 true false false false false false false true true false false true true true true true true true true false AL AK AZ CA CO CT DE DC FL HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC TN TX UT VT VA WA WV WI WY X X X JIM O'HARA 2128755000 70 LINCOLN CENTER PLAZA NEW YORK NY 10023 X Liza Parker FORMER COO 26.0 2.0 X 911661 0 278086 Tamar C Podell EVP, Chief Development Officer 35.0 0.0 X 685556 0 325731 Peter Flamm VP,Concert Halls & Operations 23.0 12.0 X 688185 0 284679 Russell Granet FORMER EVP, ACTING PRESIDENT 29.0 0.0 X 727290 0 103195 Jane Moss Artistic Director 35.0 0.0 X 466362 0 358609 Henry Timms President & CEO 35.0 0.0 X 716766 0 24011 Robert Cundall EVP & Chief Financial Officer 35.0 2.0 X 477339 0 112304 Lauren Klein EVP, GEN. COUNSEL & CORP SEC. 35.0 2.0 X 447956 0 27962 Frank Ferrante Stagehand 40.0 0.0 X 324648 0 131021 Robert Regan Stagehand 40.0 0.0 X 319476 0 120868 Brendan Tendrich Stagehand 40.0 0.0 X 308351 0 122226 Michael Pupello Stagehand 40.0 0.0 X 301151 0 117953 Andrew C Wilk EXEC PROD, MEDIA DEV THRU 9/19 35.0 0.0 X 293125 0 100286 Leah Johnson EVP, COMM & MKRT FROM 07/2019 35.0 0.0 X 251607 0 75 Debora Spar FORMER PRESIDENT & CEO 0.0 0.0 X 190000 0 0 Allison Allen EVP, CHF PEOPLE OFF FROM 09/19 35.0 0.0 X 98386 0 6990 Katherine Farley Chairman 20.0 0.0 X X 0 0 0 Adrienne Arsht Vice Chair 3.0 0.0 X X 0 0 0 Richard K DeScherer Vice Chair 3.0 0.0 X X 0 0 0 Joel S Ehrenkranz Vice Chair 3.0 0.0 X X 0 0 0 Roy L Furman Vice Chair 3.0 0.0 X X 0 0 0 John B Hess Vice Chair 3.0 0.0 X X 0 0 0 Bruce Kovner Vice Chair 3.0 0.0 X X 0 0 0 Philip L Milstein Vice Chair 3.0 2.0 X X 0 0 0 Laurie M Tisch Vice Chair 3.0 0.0 X X 0 0 0 Ann Ziff Vice Chair 3.0 0.0 X X 0 0 0 Blair W Effron Treasurer 1.0 0.0 X 0 0 0 Ronnie Ackman Director 1.0 0.0 X 0 0 0 Robert Appel Director 1.0 0.0 X 0 0 0 Sarah Arison Director 1.0 0.0 X 0 0 0 Jody Arnhold Director 1.0 0.0 X 0 0 0 Joseph Y Bae Director 1.0 0.0 X 0 0 0 Christina Baker Director 1.0 0.0 X 0 0 0 Keith T Banks Director 1.0 0.0 X 0 0 0 Ronald Beck Director 1.0 0.0 X 0 0 0 Rene Belfer Director 1.0 0.0 X 0 0 0 Frank A Bennack Jr Director 1.0 0.0 X 0 0 0 Jeffrey C Campbell Director 1.0 0.0 X 0 0 0 cecily carson DIRECTOR AS OF 10/22/2019 1.0 0.0 X 0 0 0 James Dinan Director 1.0 0.0 X 0 0 0 Martin Escobari DIRECTOR AS OF 10/22/2019 1.0 0.0 X 0 0 0 Elizabeth Eveillard Director 1.0 0.0 X 0 0 0 Harold Ford Jr Director 1.0 0.0 X 0 0 0 Bart Friedman Director 1.0 1.0 X 0 0 0 Joshua Friedman Director AS OF 11/20/2019 1.0 0.0 X 0 0 0 JEFFREY L GATES Director 1.0 0.0 X 0 0 0 David Geffen Director 1.0 0.0 X 0 0 0 BENNETT J GOODMAN Director 1.0 0.0 X 0 0 0 Efraim Grinberg Director 1.0 0.0 X 0 0 0 Audrey Butvay Gruss Director 1.0 0.0 X 0 0 0 Mimi Haas Director 1.0 0.0 X 0 0 0 Ronald Harrington Director 1.0 0.0 X 0 0 0 Gerald L Hassell Director 1.0 0.0 X 0 0 0 Rita E Hauser Director 1.0 0.0 X 0 0 0 Jim Herbert Director 1.0 0.0 X 0 0 0 Elinor Hoover Director 1.0 0.0 X 0 0 0 Susan S Huang Director 1.0 0.0 X 0 0 0 David A Hunt Director 1.0 0.0 X 0 0 0 Elliot Jaffe Director 1.0 0.0 X 0 0 0 Tod Johnson DIRECTOR AS OF 6/16/2020 1.0 0.0 X 0 0 0 Sheryl Drangel Kaye DIRECTOR 1.0 0.0 X 0 0 0 Somesh Khanna Director 1.0 0.0 X 0 0 0 Shelly Lazarus Director 1.0 0.0 X 0 0 0 Betty Levin Director 1.0 0.0 X 0 0 0 Frayda Lindemann Director AS OF 6/16/2020 1.0 0.0 X 0 0 0 Bryan Lourd Director 1.0 0.0 X 0 0 0 Scott Malkin Director 1.0 0.0 X 0 0 0 Peter W May Director 1.0 0.0 X 0 0 0 William R Miller Director THRU 6/16/2020 1.0 0.0 X 0 0 0 Eric Mindich Director 1.0 0.0 X 0 0 0 William C Morris Director THRU 6/16/2020 1.0 0.0 X 0 0 0 Anna Nikolayevsky Director 1.0 0.0 X 0 0 0 Adebayo Ogunlesi DIRECTOR AS OF 6/16/2020 1.0 0.0 X 0 0 0 Ronnie Planalp DIRECTOR AS OF 6/16/2020 1.0 0.0 X 0 0 0 Jonelle Procope Director 1.0 0.0 X 0 0 0 Julian Robertson Director 1.0 0.0 X 0 0 0 Hon Stephen C Robinson Director 1.0 0.0 X 0 0 0 Stephen M Ross Director 1.0 0.0 X 0 0 0 David M Rubenstein Director 1.0 0.0 X 0 0 0 Oscar Schafer Director THRU 10/22/2019 1.0 0.0 X 0 0 0 Ralph Schlosstein Director 1.0 0.0 X 0 0 0 Thomas Schumacher Director 1.0 0.0 X 0 0 0 ESTA EIGER STECHER Director 1.0 0.0 X 0 0 0 ROBERT K STEEL Director 1.0 0.0 X 0 0 0 Gayfryd Steinberg Director 1.0 0.0 X 0 0 0 Steven R Swartz Director 1.0 0.0 X 0 0 0 Tony Tamer Director 1.0 0.0 X 0 0 0 Chandrika K Tandon Director 1.0 0.0 X 0 0 0 Oscar Tang DIRECTOR AS OF 10/22/2019 1.0 0.0 X 0 0 0 Ann Tenenbaum Director THRU 6/16/2020 1.0 0.0 X 0 0 0 John A Thain Director 1.0 0.0 X 0 0 0 Sayu Ueno DIRECTOR AS OF 6/16/2020 1.0 0.0 X 0 0 0 Ann Unterberg Director 1.0 0.0 X 0 0 0 Barbara Manfrey Vogelstein Director 1.0 0.0 X 0 0 0 John E Waldron Director 1.0 0.0 X 0 0 0 Darren Walker DIRECTOR AS OF 3/10/2020 1.0 0.0 X 0 0 0 Kenneth Wallach DIRECTOR AS OF 3/10/2020 1.0 0.0 X 0 0 0 Christopher J Williams Director 1.0 0.0 X 0 0 0 John Wren Director 1.0 0.0 X 0 0 0 Clara Wu Tsai Director 1.0 0.0 X 0 0 0 Katsurao Yoshimori Director THRU 6/16/2020 1.0 0.0 X 0 0 0 Randi Zuckerberg Director THRU 11/20/2019 1.0 0.0 X 0 0 0 Hon Bill deBlasio Ex Officio 1.0 0.0 X 0 0 0 Hon Corey Johnson Ex Officio 1.0 0.0 X 0 0 0 Hon Tom Finkelpearl Ex Officio 1.0 0.0 X 0 0 0 Hon Mitchell Silver Ex Officio 1.0 0.0 X 0 0 0 7207859 0 2113996 152 true true false SPECIALTY CONSTRUCTION SYSTEM INC 31 SOUTH STREET MOUNT VERNON NY 10550 CONSTRUCTION FIRM 1815764 GEMINI MUSIC PRODUCTIONS 2 IRIQUOIS AVENUE PALISADES NY 10964 ARTIST FEES 1537847 Restaurant Associates Caterers 132 West 65th Street NEW YORK NY 10023 Catering 1208145 NICHOLSON GALLOWAY INC 261 GLEN HEAD ROAD GLEN HEAD NY 11545 BUILDING IMPROVEMENT 1054922 THYSSENKRUPP ELEVATOR CORP 519 8th Avenue 6th floor NEW YORK NY 10018 ELEVATOR SERVICE 753035 69 4971017 8103605 2583018 119139371 3341543 134797011 FACILITIES SERVICES 532000 30686326 25371297 5315029 FACILITIES RENTAL 532000 25143519 25143519 PRESENT PERFORMANCES 711300 7263088 7263088 REDEVELOPMENT EXPENSE SHARE 532000 1325295 1325295 EDUCATION & OUTREACH 611600 536203 536203 221018 221018 65175449 393369 1232 392137 0 0 0 0 0 32957526 23605206 28918132 22188832 4039394 1416374 5455768 5455768 518130 8103605 942812 -424682 -424682 0 0 0 64462 17679 46783 46783 CORPORATE SPONSORSHIPS 541800 1283845 1283845 SUPPORTING SERVICES 561000 490084 490084 DIGITAL MARKETING SERVICES 541800 207055 207055 282289 282289 2263273 207706971 62170476 5316261 5423223 2592975 2592975 157500 157500 0 0 4970739 657025 3387550 926164 0 47413875 34101025 9494831 3818019 4847131 2921067 1489196 436868 11843714 10248287 1139147 456280 4624405 3592085 769538 262782 0 182813 58212 124601 310888 310888 87512 87512 22336 22336 1324571 1324571 2095357 567431 1254792 273134 2180020 1957025 77900 145095 1970831 1676068 9713 285050 2066792 297183 1676124 93485 50129 50129 7847386 7157737 585649 104000 532667 410670 80284 41713 0 400837 179635 190715 30487 9577506 9577506 0 14813701 13231600 1122782 459319 2015016 1864403 150613 ARTISTS AND PERFORMANCE 9318447 9318447 PRODUCTION EXPENSES 6553300 6547947 5353 MAINTENANCE CONTRACTS 761291 761291 ELEVATOR SERVICE 683721 683721 10316074 5675564 3842000 798510 149561534 114284533 27123759 8153242 65923 60595 32390757 72760886 72681032 114277556 15635329 14009644 0 0 0 0 0 0 626961 618977 7359049 4172346 660984913 300047383 350502226 360937530 55226676 53145227 201952969 212740910 0 0 0 0 79027 6056685 736519949 838780356 17289823 21343687 0 0 24688952 31134206 250138509 248569655 0 0 0 0 0 0 10000000 30000000 50032292 77987771 352149576 409035319 X 160671259 106852522 223699114 322892515 384370373 429745037 736519949 838780356 X 58145437 -13250555 479782 X false true X true false X 80212102 68877991 46046673 56361863 134797011 386295640 0 0 80212102 68877991 46046673 56361863 134797011 386295640 26310830 359984810 483647 808948 489970 367957 393369 2543891 410346 215274 623811 287447 570558 2107436 2240677 3336079 3644422 2564556 2327735 14113469 405060436 354632913 0.88872 0.91793 X OTHER REVENUE PART II, SECTION B, LINE 10 OTHER INCOME INCLUDES MISCELLANEOUS REVENUE AND GROSS SALES OF INVENTORY FROM PART VIII, THE STATEMENT OF REVENUE. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true true false false false false true 100490 false 100490 false LOBBYING ACTIVITY PART II-B LINCOLN CENTER MEETS WITH NEW YORK CITY AND NEW YORK STATE OFFICIALS ON MATTERS OF CULTURAL POLICY AND ARTS FUNDING. SPECIFICALLY, LINCOLN CENTER SEEKS CONTINUED AND ADDITIONAL SUPPORT FOR ITS CAPITAL PROJECTS AND ARTS AND EDUCATIONAL INITIATIVES, PARTICULARLY THOSE THAT BENEFIT THE GENERAL PUBLIC OR SPECIFIC UNDERSERVED POPULATIONS. LINCOLN CENTER ALSO MEETS WITH OFFICIALS ON MATTERS PERTAINING TO THOSE PORTIONS OF ITS PREMISES THAT ARE EITHER OWNED BY THE CITY OR REGULATED/PERMITTED BY IT. THESE ACTIVITIES ARE REPORTED REGULARLY AS REQUIRED TO THE RESPECTIVE GOVERNMENT AGENCIES. IN FY20 LINCOLN CENTER MET WITH FEDERAL OFFICIALS ALONGSIDE OTHER ARTS AND CULTURE ORGANIZATIONS TO ADVOCATE FOR THE CULTURAL SECTOR'S ABILITY TO ACCESS COVID-19 relief funding. THOSE EFFORTS DID NOT PASS THE THRESHOLDS REQUIRED BY THE FEDERAL LOBBYING DISCLOSURE ACT FOR REPORTING OF LOBBYING ACTIVITIES. 258003645 6000713 13387090 100747 11380553 265910148 258844605 630839 9960415 224453 11207761 258003645 248686419 -1035908 23092685 187500 11711091 258844605 229824506 442416 34204034 300000 15484537 248686419 251650997 453075 -10732273 215000 11332293 229824506 0.40930 0.38720 0.20350 false false 15513280 15513280 532436025 276681865 255754160 28065993 7367300 20698693 20574607 15998218 4576389 64395008 64395008 360937530 OTHER ALTERNATIVE INVSTMTS 15126139 F INTERNATIONAL EQUITY 56041975 F LARGE CAP EQUITY FUND 7927343 F SMALL/MID CAP EQUITY FUND 24172978 F ABSOLUTE RETURN 43067963 F HEDGED EQUITY 44625639 F PRIVATE EQUITY 21778873 F 212740910 0 FAIR VALUE OF INTEREST RATE SWAPS 72145370 LEASE LIABILITY 5842401 77987771 X 194512416 -13250555 1362892 -11887663 206400079 1324571 -17679 1306892 207706971 149137752 1362892 -462103 900789 148236963 1324571 1324571 149561534 ENDOWMENT FUNDS PART V, LINE 4 LINCOLN CENTER'S ENDOWMENT IS INTENDED TO FUND THE SUSTAINMENT, ENCOURAGEMENT, AND PROMOTION OF THE PERFORMING ARTS. UNCERTAIN TAX POSITIONS PART X, LINE 2 LINCOLN CENTER RECOGNIZES THE BENEFIT OF TAX POSITIONS WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINABLE BASED ON THE MERITS OF THE POSITION. RECONCILIATION OF REVENUE PER AUDITED FINANCIAL STATEMENTS TO FORM 990 PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD $ (17,679) RECONCILIATION OF EXPENSE PER AUDITED FINANCIAL STATEMENTS TO FORM 990 PART XII, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT RECOVERIES $ (479,782) COST OF GOODS SOLD 17,679 ----------- TOTAL $ (462,103) Central America and the Caribbean Investments 83406327 East Asia and the Pacific Program Services PERFORMING ARTS 10616 Europe (Including Iceland and Greenland) Program Services PERFORMING ARTS 35326 Middle East and North Africa Program Services PERFORMING ARTS 2540 North America Program Services PERFORMING ARTS 12472 South America Program Services PERFORMING ARTS 601 Sub-Saharan Africa Program Services PERFORMING ARTS 3524 83471406 83471406 true false true true true false X X X X X X X true SDA TELESERVICES TELE- MARKETING false 46070 22336 23374 46070 22336 23374 AL AK AZ AR CA CO CT DE DC FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC TN TX UT VT VA WA WV WI WY FALL GALA 4056219 3948519 107700 109971 174910 SONGBOOK GALA 2488100 2374700 113400 99219 80901 40 2077416 1780386 297030 31419 177202 88168 181022 8621735 8103605 518130 31419 386392 88168 436833 942812 -424682 PART I, LINE 2B ADDRESS OF SD&A TELESERVICES 5757 WEST CENTURY BLVD, SUITE 300 LOS ANGELES, CA 90045 true LINCOLN CENTER DEVELOPMENT PROJECT INC 70 LINCOLN CENTER PLAZA NEW YORK NY 10023 134172481 501(C)(3) 2592975 To provide funding for redevelopment of the Lincoln Center campus 1 0 MARTIN SEGAL AWARD 11 82500 AVERY FISHER ARTIST PROGRAM GRANT 3 75000 GRANT MONITORING PART I, LINE 2 On a monthly basis, Lincoln Center Development Project, Inc. sends Lincoln Center for the Performing Arts, Inc. a draw request. The draw request is a reimbursement request to fund invoices paid by Lincoln Center Development Project, Inc. to support capital projects related to the Lincoln Center campus. The draw request classifies, by project, items paid by Lincoln Center Development Project, Inc. and is supported by invoices included in each draw. The Avery Fisher Artist Program awards grants to outstanding instrumentalists to support their careers in the performing arts. The grants are based on excellence alone and the musicians must be U.S. citizens or permanent U.S. residents. Up to five grants of $25,000 and one grant of $75,000 may be given out each year. THE MARTIN E. SEGAL AWARD HONORS YOUNG ARTISTS OF OUTSTANDING ACHIEVEMENT WHO ARE CONNECTED TO THE RESIDENT ORGANIZATIONS OF LINCOLN CENTER. THE PURPOSE OF THE AWARD IS TO HIGHLIGHT AND REWARD THE WORK OF UP-AND COMING ARTISTS FROM THE LINCOLN CENTER COMMUNITY. X X X X X true true false false false false false true false Henry Timms President & CEO 616475 0 100000 0 291 0 0 0 24011 0 740777 0 0 0 Liza Parker FORMER COO 482544 429117 261548 0 16538 0 1189747 0 0 0 Tamar C Podell EVP, Chief Development Officer 582251 50000 53305 294709 0 31022 0 1011287 0 30000 0 Russell Granet FORMER EVP, ACTING PRESIDENT 567732 159558 89294 0 13901 0 830485 0 0 0 Jane Moss Artistic Director 460823 5539 347786 0 10823 0 824971 0 0 0 Robert Cundall EVP & Chief Financial Officer 474460 2879 81642 0 30662 0 589643 0 0 0 Peter Flamm VP,Concert Halls & Operations 377409 235000 75776 254797 0 29882 0 972864 0 0 0 Lauren Klein EVP, GEN. COUNSEL & CORP SEC. 446953 1003 0 0 27962 0 475918 0 0 0 Andrew C Wilk EXEC PROD, MEDIA DEV THRU 9/19 289022 4103 79315 0 20971 0 393411 0 0 0 Frank Ferrante Stagehand 324648 73282 0 57739 0 455669 0 0 0 Brendan Tendrich Stagehand 308351 69246 0 52980 0 430577 0 0 0 Robert Regan Stagehand 319476 70817 0 50051 0 440344 0 0 0 Debora Spar FORMER PRESIDENT & CEO 190000 0 0 0 0 190000 0 0 0 Michael Pupello Stagehand 301151 67401 0 50552 0 419104 0 0 0 Leah Johnson EVP, COMM & MKRT FROM 07/2019 250635 972 0 0 75 0 251682 0 0 0 PART I, LINES 4A-B: LIZA PARKER, FORMER CHIEF OPERATING OFFICER MS. PARKERS COMPENSATION INCLUDES A SEVERANCE PAYMENT OF $386,250. RUSSELL GRANET, FORMER PRESIDENT MR. GRANETS COMPENSATION INCLUDES A SEVERANCE PAYMENT OF $100,000. DEBORA SPAR, FORMER PRESIDENT MS. SPAR'S COMPENSATION INCLUDES A SEVERANCE PAYMENT OF $190,000. AMOUNTS IN COLUMN (B)(III) INCLUDE TAXABLE PAYMENTS UNDER A 457(F) DEFERRED COMPENSATION PLAN: TAMAR PODELL $50,000; PETER FLAMM $75,000. AMOUNTS IN COLUMN (C) INCLUDE DEFERRALS UNDER A 457(F) DEFERRED COMPENSATION PLAN: TAMAR PODELL $40,000; PETER FLAMM $53,198. PART I, LINE 7: PETER FLAMM, VP OF CONCERT HALLS & OPERATIONS, RECEIVED DISCRETIONARY, NON-FIXED BONUSES TOTALING $235,000 IN CALENDAR YEAR 2019. TAMAR PODELL, EVP, CHIEF DEVELOPMENT OFFICER, RECEIVED A $50,000 DISCRETIONARY BONUS IN CALENDAR YEAR 2019. PART II, COLUMN C: THE CHANGE IN PENSION VALUE CAN BE ATTRIBUTED TO THREE MAIN AREAS, (1) THE EMPLOYEES AGE BY ONE YEAR, (2) THE EMPLOYEE EARNS AN ADDITIONAL YEAR ON BENEFIT ACCRUAL AND (3) THE CHANGES IN THE YIELD CURVE. PART III, SUPPLEMENTAL INFORMATION: TOTAL BASE COMPENSATION AMOUNTS REPORTED IN PART II, COLUMN (B)(I) FOR CERTAIN INDIVIDUALS INCLUDE BOTH FORM W-2 COMPENSATION FROM THEIR TIME AS EMPLOYEES AND FORM 1099-MISC COMPENSATION FOR SERVICES RENDERED AS NON-EMPLOYEE CONSULTANTS, EITHER BEFORE OR AFTER THEIR EMPLOYMENT AT LINCOLN CENTER. THESE INDIVIDUALS ARE LIZA PARKER, FORMER CHIEF OPERATING OFFICER ($353,794 REPORTED ON FORM W-2, $128,750 ON FORM 1099-MISC); RUSSELL GRANET, FORMER PRESIDENT ($255,232 REPORTED ON FORM W-2, $312,500 ON FORM 1099-MISC); AND LEAH JOHNSON, CHIEF COMMUNICATIONS & MARKETING OFFICER ($180,635 REPORTED ON FORM W-2, $70,000 ON FORM 1099-MISC). A THE TRUST FOR CULTURAL RESOURCES OF NYC 2008A 911882413 2015-06-10 151250000 2008A REISSUE false false false B THE TRUST FOR CULTURAL RESOURCES OF NYC 2016A 911882413 649717UE3 2016-11-29 104370134 Refund 2008C Issue false false false A 0 0 151250000 0 0 0 0 0 0 0 151250000 0 2011 true false true true B 0 0 104370134 0 0 0 732082 0 0 0 103638052 0 2018 true true true true A false false false false 0 false false false true B false false false false 0 false false false true A false false false true true false 0 false 0 false true B false true false false false false 0 false 0 false true A true B true SCHEDULE K, PART I, BOND ISSUES: BOND ISSUE A (A) ISSUER NAME: THE TRUST FOR CULTURAL RESOURCES OF THE CITY OF NEW YORK (F) DESCRIPTION OF PURPOSE: REISSUE 2008A TAX-EXEMPT BOND ISSUE BOND ISSUE B (A) ISSUER NAME: THE TRUST FOR CULTURAL RESOURCES OF THE CITY OF NEW YORK (F) DESCRIPTION OF PURPOSE: REFUND 2008C ISSUE SCHEDULE K, PARTS I & IV SCHEDULE K, PART I: THE REFUND BOND ISSUE DATED 6/10/15 IS SUBJECT TO A BANK DIRECT PURCHASE BY BANK OF AMERICA CAPITAL CORPORATION. SCHEDULE K, PART IV, LINE 2C BOND PROCEEDS FROM THE BOND ISSUED ON 06/10/2015 WERE FULLY APPLIED TO REISSUE NYC 2008A BONDS, AND NO PROCEEDS WERE OUTSTANDING; THEREFORE, NO PROCEEDS WERE IN AN ACCOUNT WITH THE POTENTIAL TO EARN INVESTMENT INCOME. Joshua Friedman SEE PART V 146916 INVESTMENT MANAGEMENT FEES false Joshua Friedman SEE PART V -142815 CARRIED INT./INCENTIVE FEES false SCHEDULE L, PART IV, ITEMS (1) & (2) Joshua Friedman, co-founder, co-Chairman, and Co-Chief Executive Officer of Canyon Partners, LLC, the managing member of Canyon Capital Advisors LLC, serves on Lincoln Center's Board of Directors. LCPA holds investments, the value of which approximated $10.8 million as of June 30, 2020, in three funds for which Canyon Capital Advisors acts as investment advisor. During fiscal year 2020, Lincoln Center paid $149,916 for investment management services and recognized reversals of previously accrued carried interest totaling ($142,815). This relationship pre-dates Mr. Friedman's membership on the board. The ongoing relationship is subject to periodic review by Lincoln Center's Audit Committee. X 55000 FMV X 21 3286543 FMV false true false NUMBER OF CONTRIBUTIONS PART I, COLUMN (B) THE AMOUNT IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS. DESCRIPTION OF ORGANIZATION MISSION FORM 990, PART I, LINE 1 & PART III, LINE 1 TO SUSTAIN, ENCOURAGE, AND PROMOTE THE PERFORMING ARTS AND TO EDUCATE THE PUBLIC WITH RELATION THERETO. IN ADDITION TO MAINTAINING A PERFORMING ARTS COMPLEX AND SOME OF THE PERFORMANCE FACILITIES AT THE LINCOLN CENTER SITE IN NEW YORK CITY, THE ORGANIZATION PROVIDES PROGRAMS AND PRESENTS CONCERTS AND OTHER PERFORMANCES THAT SUPPLEMENT THE PRESENTATIONS OF LINCOLN CENTER CONSTITUENT ORGANIZATIONS. THESE CONSTITUENT ORGANIZATIONS, ALL OF WHICH ARE PUBLIC CHARITIES AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, CONSIST OF THE CHAMBER MUSIC SOCIETY OF LINCOLN CENTER, FILM AT LINCOLN CENTER, JAZZ AT LINCOLN CENTER, THE JUILLIARD SCHOOL, THE VIVIAN BEAUMONT THEATER (THE LINCOLN CENTER THEATER), THE METROPOLITAN OPERA, THE NEW YORK CITY BALLET, THE PHILHARMONIC SYMPHONY SOCIETY OF NEW YORK (NEW YORK CITY PHILHARMONIC ORCHESTRA), THE NEW YORK PUBLIC LIBRARY FOR THE PERFORMING ARTS, AND THE SCHOOL OF AMERICAN BALLET. PROGRAM SERVICE ACCOMPLISHMENTS FORM 990, PART III, LINE 4B WHEN THE COVID-19 PANDEMIC RESULTED IN THE CLOSURE OF LINCOLN CENTER'S HALLS IN MARCH 2020, LCPA LAUNCHED LINCOLN CENTER AT HOME, A NEW ONLINE PORTAL DESIGNED TO HELP PEOPLE MAINTAIN CONNECTIONS TO ONE ANOTHER THROUGH THE ARTS. LINCOLN CENTER AT HOME FEATURES ON-DEMAND CONTENT AND A CALENDAR OF CERTAIN PAST AND PRESENT PROGRAMMING BY LINCOLN CENTER AND THE CONSTITUENTS. LCPA'S LIVE FROM LINCOLN CENTER BROADCASTS MADE THE PERFORMING ARTS ACCESSIBLE TO A NATIONAL AUDIENCE OF MILLIONS OF VIEWERS. DURING THE 47 YEARS SINCE ITS INCEPTION, LIVE FROM LINCOLN CENTER HAS GARNERED 64 EMMY AWARD NOMINATIONS AND 17 EMMY AWARDS, AS WELL AS TWO GEORGE FOSTER PEABODY AWARDS. OTHER PROGRAM SERVICES FORM 990, PART III, LINE 4D EDUCATION, ENGAGEMENT AND ACCESSIBILITY - LINCOLN CENTER'S FOUNDERS BELIEVED THAT "THE ARTS ARE NOT FOR THE PRIVILEGED FEW, BUT FOR THE MANY." SINCE ITS FOUNDING, MORE THAN 20 MILLION PEOPLE HAVE ENGAGED WITH LINCOLN CENTER'S MYRIAD EDUCATIONAL PROGRAMS ON ITS CAMPUS, AT ITS AFFILIATED SCHOOLS AND INSTITUTIONS, ONLINE, AND BEYOND. LCPA HAS BEEN COMMITTED TO PRESENTING THE FINEST EXAMPLES OF PERFORMING ARTS TO THE BROADEST POSSIBLE AUDIENCE AND OFFERING EXTENSIVE EDUCATION AND COMMUNITY ENGAGEMENT PROGRAMMING GEARED TO NEW AUDIENCES AND UNDERSERVED COMMUNITIES. THESE HAVE INCLUDED A PERFORMANCE SERIES FOR YOUNG PEOPLE, FREE PERFORMANCES AND DISCOUNT TICKET OFFERINGS, PROGRAMS AND SERVICES FOR PEOPLE WITH DISABILITIES, COMMUNITY ENGAGEMENT PROGRAMS FOR FAMILIES, PROFESSIONAL DEVELOPMENT FOR ARTISTS AND EDUCATORS, AND A WIDE ARRAY OF EDUCATIONAL PROGRAMS THAT HELP DEVELOP STUDENTS' CRITICAL THINKING AND PROBLEM-SOLVING SKILLS THROUGH THE INQUIRY-BASED METHODS OF ART-MAKING. DUE TO THE COVID-19 PANDEMIC, LCPA HAS SUSPENDED MANY OF ITS IN-PERSON EDUCATION, ENGAGEMENT, AND ACCESSIBILITY PROGRAMS AND INITIATIVES AND HAS BEEN WORKING TO DEVELOP CERTAIN OF THESE ACTIVITIES VIRTUALLY. EXPENSES $7,393,622. INCL GRANTS OF $157,500. REVENUE $536,203. GUEST SERVICES AND OTHER VENTURES - IN THE COMMUNITY, LCPA EXPANDS ITS PRESENCE WITH A HOST OF INITIATIVES TO MAKE THE ARTS MORE ACCESSIBLE. LINCOLN CENTER ALSO CONTINUES TO EXPERIMENT WITH NEW WAYS TO INCREASE PUBLIC ACCESS AND EXPOSURE TO HIGH QUALITY ARTS CONTENT. EXPENSES $1,180,734. INCL GRANTS OF $0. REVENUE $2,531,074. TOTAL OTHER: EXPENSES $8,574,356. INCL GRANTS OF $157,500. REVENUE $3,067,277. BOARD RELATIONSHIPS FORM 990, PART VI, SECTION A, LINE 2 DIRECTOR FRANK A. BENNACK, JR. AND DIRECTOR STEVEN R. SWARTZ - BUSINESS RELATIONSHIP DIRECTOR JOHN WALDRON, DIRECTOR ESTA EIGER STECHER, AND DIRECTOR ADEBAYO OGUNLESI - BUSINESS RELATIONSHIP DIRECTOR BENNETT J. GOODMAN AND DIRECTOR SHELLY LAZARUS - BUSINESS RELATIONSHIP DIRECTOR JOHN B. HESS AND DIRECTOR JOSEPH Y. BAE - BUSINESS RELATIONSHIP FORM 990 REVIEW FORM 990, PART VI, SECTION B, LINE 11 THE LINCOLN CENTER 2019 FORM 990 WAS PREPARED BY ITS INDEPENDENT ACCOUNTING FIRM WITH DATA PROVIDED BY ITS FINANCE DEPARTMENT. THE RETURN IS THEN REVIEWED BY THE FINANCE DEPARTMENT AND GENERAL COUNSEL BEFORE IT IS PROVIDED TO THE AUDIT COMMITTEE. THE LINCOLN CENTER AUDIT COMMITTEE REVIEWS AND APPROVES THE 990 PRIOR TO ITS FILING ON BEHALF OF THE LINCOLN CENTER BOARD OF DIRECTORS. THE AUDIT COMMITTEE HAS REVIEWED AND UNANIMOUSLY APPROVED THE LINCOLN CENTER 2019 FORM 990. A COPY OF THE RETURN WAS PROVIDED TO THE FULL BOARD PRIOR TO FILING. CONFLICT OF INTEREST REVIEW FORM 990, PART VI, SECTION B, LINE 12C LINCOLN CENTER'S DIRECTORS AND OFFICERS AS WELL AS CERTAIN OTHER KEY PERSONS MAY, FROM TIME TO TIME, BE ASSOCIATED, EITHER DIRECTLY OR INDIRECTLY, WITH INDIVIDUALS, COMPANIES OR OTHER ENTITIES THAT MIGHT BE UNDER CONSIDERATION TO ENGAGE IN TRANSACTIONS OR PARTICIPATE IN OTHER ARRANGEMENTS WITH LINCOLN CENTER. TO ADDRESS THIS POSSIBILITY AND THE SPECIFIC STATUTORY REQUIREMENTS OF THE NEW YORK NOT-FOR-PROFIT CORPORATION LAW, LINCOLN CENTER HAS A CONFLICT OF INTEREST POLICY. AMONG OTHER THINGS, THIS POLICY PROVIDES FOR THOSE COVERED BY IT (PRINCIPALLY, DIRECTORS, OFFICERS AND OTHERS WHO HAVE OFFICER-LIKE RESPONSIBILITIES, MANAGE LINCOLN CENTER OR A SEGMENT OF LINCOLN CENTER REPRESENTING A SUBSTANTIAL PORTION OF LINCOLN CENTER'S ACTIVITIES, INCOME OR ASSETS, OR CONTROL OR DETERMINE A SUBSTANTIAL PORTION OF LINCOLN CENTER'S CAPITAL EXPENDITURES OR OPERATING BUDGET) TO COMPLETE A RELATED PARTY QUESTIONNAIRE PRIOR TO ELECTION OR APPOINTMENT (OR AS SOON THEREAFTER AS POSSIBLE) AND TO UPDATE THE QUESTIONNAIRE ANNUALLY AND WHENEVER THERE IS A CHANGE OF CIRCUMSTANCES. IN ADDITION, IF A PERSON COVERED BY THE POLICY BECOMES AWARE OF ANY RELATED PARTY TRANSCTION (AS DEFINED IN THE POLICY), THE POLICY PROVIDES FOR THE PERSON TO PROMPTLY DISCLOSE THIS INFORMATION, AND THE PERSON WILL BE RECUSED FROM CONSIDERATION OF ANY TRANSACTION OR ARRANGEMENT THAT IS A RELATED PARTY TRANSACTION WITH RESPECT TO THEM. THE POLICY ALSO PROVIDES FOR CERTAIN CO-INVESTMENT RELATIONSHIPS TO BE DISCLOSED, AND A DISINTERESTED REVIEW OF THE CIRCUMSTANCES MAY RESULT IN A DETERMINATION TO REQUIRE RECUSAL. THE POLICY PROVIDES FOR ANY APPROVAL OF A RELATED PARTY TRANSACTION TO BE MADE BY A MAJORITY OF THE DISINTERESTED MEMBERS OF THE LINCOLN CENTER AUDIT COMMITTEE. COMPENSATION REVIEW FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE PRESIDENT/CEO IS SET PURSUANT TO A WRITTEN MULTI-YEAR AGREEMENT, APPROVED BY THE BOARD AND/OR THE PERSONNEL AND EXECUTIVE COMPENSATION COMMITTEE, MOST RECENTLY IN 2019. COMPENSATION LEVELS AND OTHER TERMS FOR THE PRESIDENT/CEO ARE REVIEWED AND RE-EVALUATED FROM TIME TO TIME, INCLUDING IN CONJUNCTION WITH THE DECISION TO EXTEND OR RENEW THE PRESIDENT'S EMPLOYMENT AGREEMENT. COMPENSATION FOR THE EXECUTIVE LEADERSHIP TEAM (OTHER THAN THE PRESIDENT/CEO) IS DETERMINED BY THE PRESIDENT/CEO, GENERALLY ON AN ANNUAL BASIS AND MOST RECENTLY IN 2020, ON APPROVAL OF THE PERSONNEL AND EXECUTIVE COMPENSATION COMMITTEE. PERIODICALLY, THE ORGANIZATION RETAINS AN INDEPENDENT COMPENSATION CONSULTANT TO PROVIDE COMPARABILITY DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THIS DATA IS USED BY THE BOARD AND/OR THE PERSONNEL AND EXECUTIVE COMPENSATION COMMITTEE IN THE PERIODIC REVIEWS DESCRIBED ABOVE. THE 990 TAX RETURNS OF SUCH ORGANIZATIONS ARE ALSO CONSIDERED. THE BOARD APPOINTS INDEPENDENT MEMBERS OF THE BOARD TO SIT AS A PERSONNEL AND EXECUTIVE COMPENSATION COMMITTEE, AND ITS DELIBERATIONS, DECISIONS AND APPROVALS REGARDING COMPENSATION ARE RECORDED IN CONFIDENTIAL MINUTES. DOCUMENT AVAILABILITY FORM 990, PART VI, SECTION C, LINES 18 AND 19 LINCOLN CENTER MAKES ITS ANNUAL FINANCIAL STATEMENTS AND FORM 990 AVAILABLE VIA THE ORGANIZATION'S WEBSITE. OTHER GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. AVERAGE HOURS PER WEEK FORM 990, PART VII, COLUMN (B) THE HOURS REPORTED FOR EACH DIRECTOR ON PART VII ARE REASONABLE ESTIMATES OF HOURS SERVED PER WEEK. OTHER CHANGE IN NET ASSETS FORM 990, PART XI, LINE 9 BAD DEBT RECOVERIES $479,782 LINCOLN CENTER DEVELOPMENT PROJECT INC 70 LINCOLN CENTER PLAZA NEW YORK NY 10023 134172481 CONSTRUCTION NY 501(C)(3) 7 LCPA true false true false false false false false false false false false true false true true false false false false LINCOLN CENTER DEVELOPMENT PROJECT INC B 2592975 FMV LINCOLN CENTER DEVELOPMENT PROJECT INC O 1057900 FMV