2021-05-17T18:26:11-05:00 2020-06-30 113518842 MARKS PANETH LLP 685 THIRD AVENUE NEW YORK NY 10017 990 2019-07-01 237412428 INTERNATIONAL CENTER OF PHOTOGRAPHY INTE 2128570000 79 ESSEX STREET NEW YORK NY 10002 MARK LUBELL EXECUTIVE DIRECTOR 2128570000 2021-05-17 1 MAGDALENA M CZERNIAWSKI P00535099 2125038800 2021-05-17 2019 2022-09-23 18:48:47Z X MARK LUBELL 79 ESSEX STREET NEW YORK NY 10002 18473654 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. 24 24 460 25 0 0 31565091 4716891 6242525 4334818 -20431 3389469 339640 869860 38126825 13311038 1133525 1070745 0 0 7557977 7190131 0 0 1429106 9780099 9618441 18471601 17879317 19655224 -4568279 71308812 78791074 20030450 32735284 51278362 46055790 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 7826664 1070745 4523698 EDUCATION - ICP'S LECTURES, SEMINARS, AND WORKSHOPS COVER ALL ASPECTSOF PHOTOGRAPHY. THIS INCLUDES ADULT EDUCATION COURSES AND STUDENT COURSES IN FY 2020.IN ADDITION TO THESE CONTINUING EDUCATION COURSES, ICP OFFERED FULL-TIME PROGRAMS ANDSINGLE-YEAR CERTIFICATE PROGRAMS. OTHER ACTIVITIES INCLUDE PUBLIC LECURES AND EXHIBITIONSOF STUDENT, FACULTY, AND ALUMNI PHOTOGRAPHS. THE ICP LIBRARY SERVES STUDENTS, FACULTYSTAFF, SCHOLARS, AND THE GENERAL PUBLIC. 3952691 469595 EXHIBITIONS - ICP'S IN-HOUSE AND TRAVELING EXHIBITIONS REFLECT THE HISTORY OF PHOTOGRAPHIC STYLES AND APPLICATIONS. IN FY 2020, ICP PRESENTED SEVERAL TEMPORARY EXHIBITIONS, AND TRAVELING EXHIBITIONS AT VENUES AROUND THE WORLD. 1329585 2500000 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. 13108940 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 79 0 1 460 1 0 0 0 0 0 0 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ NY X MARK LUBELL 2128570001 79 ESSEX STREET NEW YORK NY 10002 ADAM FUSS TRUSTEE 2.00 X 0 0 0 ALMUNDENA LEGORETTA VICE PRESIDENT 4.00 X X 0 0 0 BICKY KELLNER TRUSTEE 2.00 X 0 0 0 BOB JEFFREY TRUSTEE 2.00 X 0 0 0 CARYL S ENGLANDER CHAIR 8.00 X X 0 0 0 DIANE TUFT TRUSTEE 2.00 X 0 0 0 FABIAN ONETTI TRUSTEE 2.00 X 0 0 0 FRANK FILIPPO TRUSTEE 2.00 X 0 0 0 GWENDOLYN ADANIS NORTON TRUSTEE (OUTGOING) 2.00 X 0 0 0 HEATHER VRATTOS SECRETARY 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 JEFFREY A ROSEN PRESIDENT 4.00 X X 0 0 0 JON D SMITH JR TRUSTEE (OUTGOING) 2.00 X 0 0 0 LISA DENNISON TRUSTEE 2.00 X 0 0 0 LORI ORDOVER TRUSTEE 2.00 X 0 0 0 MICHAEL A CLINTON TRUSTEE 2.00 X 0 0 0 NANCY BOROWICK TRUSTEE 2.00 X 0 0 0 PAT SCHOENFELD TRUSTEE 2.00 X 0 0 0 PEGGY ANDERSON VICE PRESIDENT 4.00 X X 0 0 0 RANDALL ROTHENBERG TRUSTEE 2.00 X 0 0 0 RENEE W HARBERS LIDDELL EXECUTIVE VICE PRESIDENT 4.00 X X 0 0 0 SAMUEL L MILBANK TREASURER (OUTGOING) 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 TONY MILBANK TREASURER 4.00 X X 0 0 0 WEN SHIAU TRUSTEE (OUTGOING) 2.00 X 0 0 0 JULIE DAVIDSON CHIEF DEVELOPMENT OFFICER 40.00 X 59988 0 1185 KIRRA ANN STEEL CHIEF DEVELOPMENT OFFICER 40.00 X 160184 0 27986 MARK HUMPHREY LUBELL EXECUTIVE DIRECTOR 40.00 X 366018 0 67217 KELLY HEISLER DIRECTOR OF MARKETING & COMMUNICATIONS 40.00 X 132857 0 1628 PAUL PUCIATA DIRECTOR OF CAPITAL PROJECT 40.00 X 139949 0 20243 PER ERIK GYLFE DIRECTOR FOR EDUCATION 40.00 X 127708 0 18774 PHILLIP STEVEN BLOCK DEP. DIR. FOR PROGRAMMING 40.00 X 138584 0 31093 VICTOR F QUINONES CONTROLLER 40.00 X 129378 0 17851 1254666 0 185977 10 0 1 0 GENSLER 11 E MADISON ST 300 CHICAGO IL 60602 ARCHITECTURE SERVICES 730838 EVENSONBEST LLC 641 AVENUE OF THE AMERICAS NEW YORK NY 10011 OFFICE DESIGN SERVICES 196682 DLA PIPER LLP 1251 AVENUE OF THE AMERICAS NEW YORK NY 10020 LEGAL FEES 150060 3 112960 216190 4387741 156117 4716891 TUITION AND EDUCATION FEES 611600 4154178 4154178 MUSEUM ADMISSIONS 900099 180640 180640 4334818 251393 251393 193428 193428 17957 0 17957 17957 17957 5800692 2500000 5162616 0 638076 2500000 3138076 2500000 638076 67853 0 67853 67853 FORGIVEN RENT 900099 442204 442204 MISCELLANEOUS 900099 148418 148418 590622 13311038 7493293 0 1100854 1070745 1070745 630802 62559 312800 255443 5303712 3345849 1281999 675864 144445 105982 25284 13179 563890 369365 136386 58139 547282 330832 143937 72513 95568 95568 66573 66573 956628 748882 65527 142219 71097 9684 30249 31164 646126 489466 94070 62590 538226 407404 61312 69510 2310247 2037749 243964 28534 99831 83399 13262 3170 1322086 1322086 1442965 1154228 288737 TEACHER AND LECTURE FEE 1000684 1000684 BAD DEBT 373550 373550 MOVING EXPENSES 247356 207779 34630 4947 DUES AND SUBSCRIPTIONS 103792 83462 13932 6398 343712 278785 59491 5436 17879317 13108940 3341271 1429106 475977 120696 1162236 2691910 20478615 20303499 83708 6130 53117 78994 99406 80569 51796593 2110840 38063445 49685753 8081492 4036398 2386081 1440447 424735 346678 71308812 78791074 2408668 1899648 209932 239525 14039165 13939508 3372685 16656603 20030450 32735284 X 15878677 21127306 35399685 24928484 51278362 46055790 71308812 78791074 -4568279 -654293 0 X X 0 1 X 1 0 X 5384420 3227733 12534849 31565091 4603931 57316024 5384420 3227733 12534849 31565091 4603931 57316024 31627733 25688291 671007 648707 839787 494154 462778 3116433 521927 474878 612789 211722 590622 2411938 62844395 31072869 0.40880 0.39880 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING INCOME - 2015 AMOUNT: $ 521,927. 2016 AMOUNT: $ 474,878. 2017 AMOUNT: $ 612,789. 2018 AMOUNT: $ 99,720. MISCELLANEOUS - 2018 AMOUNT: $ 112,002. 2019 AMOUNT: $ 148,418. AMEX POINTS - 2019 AMOUNT: $ 442,204. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 8854583 -507576 148210 2710458 5784759 10279107 -200000 575476 1800000 8854583 13225713 40000 1025669 4012275 10279107 12955489 40000 1139300 909074 13225713 13634773 233686 -260963 652009 12955487 1.00000 0 0 29000000 371795 28628205 21180165 706006 20474159 901344 331705 569639 715084 701334 13750 49685753 X 11519427 -654293 -1070745 -1725038 13244465 66573 66573 13311038 16741999 0 16741999 66573 1070745 1137318 17879317 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, STAFF POSITIONS, 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, 2020 AND 2019, 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 -1,070,745. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 1,070,745. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 ROYALTIES REVENUE 138182 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 1440447 0 0 0 0 0 0 1578629 0 1578629 0 0 0 0 0 0 PART III ACCOUNTING METHOD: 1 FULL-TIME FINANCIAL FELLOWSHIPS 25 168000 FMV TUITION REDUCTION FULL-TIME FINANCIAL SCHOLARSHIPS & FELLOWSHIPS FOR CREATIVE PRACTICES (CP) 13 35000 97500 FMV TUITION REDUCTION FULL-TIME FINANCIAL SCHOLARSHIPS & FELLOWSHIPS FOR DOCUMENATRY PRACTICE AND VISUAL JOURNAL (DOC) 23 109465 207500 FMV TUITION REDUCTION FULL-TIME FINANCIAL SCHOLARSHIPS & FELLOWSHIPS FOR NEW MEDIA NARRATIVES (NMN) 13 20000 157500 FMV TUITION REDUCTION TEEN STUDENT TUITION SCHOLARSHIPS 102 75285 PART I, LINE 2: SCHOLARSHIPS ARE PROVIDED TO FULL-TIME ONE-YEAR CERTIFICATE STUDENTS WHO HAVE SUCCESSFULLY COMPLETED THEIR FIRST TERM AT ICP. SCHOLARSHIPS ARE PROVIDED TO BOTH FIRST YEAR AND SECOND YEAR STUDENTS OF THE MASTER OF FINE ARTS PROGRAM. THE AMOUNT OF SCHOLARSHIP FUNDS AVAILABLE VARIES EACH YEAR. IN 2020, 13 STUDENTS RECEVIED TUITION ASSISTANCE IN THE FORM OF SCHOLARSHIPS. SCHOLARSHIPS ARE AWARDED BASED ON ACADEMIC PERFORMANCE. THE SCHOLARSHIP COMMITTEE REVIEWS EACH APPLICANT'S GRADES, INSTRUCTOR EVALUATIONS, AND PORTFOLIOS BEFORE DETERMINING THE AWARDS. NON-CASH ASSISTANCE IS PROVIDED TO STUDENTS IN TEEN PROGRAMS, STUDENTS WHO ASSIST FACULTY, AND EMPLOYEES. 655 STUDENTS WERE ENROLLED AND 250 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 OF THE FAMILY, AS WELL AS COMMITMENT OF THE STUDENT TO PARTICIPATE IN THE PROGRAM, AS INDICATED BY A WRITTEN ESSAY IN THEIR APPLICATION. STAFF COMMUNICATE WITH THE FACULTY AND FAMILY ON AN ONGOING BASIS TO ASSESS EACH STUDENTS' SUCCESS THROUGHOUT EACH 10-WEEK COURSE. TEACHING ASSISTANTS WORK 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. 363 STUDENTS WORKED AS TEACHER ASSISTANTS DURING 2019. X X X 0 0 0 0 0 0 0 1 0 KIRRA ANN STEEL CHIEF DEVELOPMENT OFFICER 150050 0 10000 0 134 0 7615 0 20371 0 188170 0 0 0 MARK HUMPHREY LUBELL EXECUTIVE DIRECTOR 347460 0 0 0 18558 0 31308 0 35909 0 433235 0 0 0 PAUL PUCIATA DIRECTOR OF CAPITAL PROJECT 134701 0 5000 0 248 0 6392 0 13851 0 160192 0 0 0 PHILLIP STEVEN BLOCK DEP. DIR. FOR PROGRAMMING 138584 0 0 0 0 0 7250 0 23843 0 169677 0 0 0 PART I, LINE 4 MARK LUBELL PARTICIPATES IN A 457(B) RETIREMENT PLAN. PART I, LINE 7 BONUSES ARE RARELY GIVEN AT ICP AND ARE GRANTED ON A CASE-BY-CASE BASIS. BONUSES ARE APPROVED BY MARK LUBELL IN CONSULTATION WITH THE HR DEPARTMENT AND/OR THE EXECUTIVE COMMITTEE. THE BONUS PAID TO KIRRA STEEL IN AUGUST 2019 WAS NEGOTIATED DURING HER APRIL 2019 EMPLOYMENT OFFER AS A SIGN-ON BONUS. THE BONUS PAID TO PAUL PUCIATA IN OCTOBER 2019 WAS IN RECOGNITION THAT HE WAS TAKING ON ADDITIONAL DUTIES BEYOND THE ORIGINAL SCOPE OF HIS EMPLOYMENT TO ENSURE WE WERE ABLE TO MOVE TO OUR NEW LOCATION IN A TIMELY MANNER. AS HIS EMPLOYMENT WAS PROJECT-BASED, ICP WAS UNABLE TO CONSIDER A PERMANENT INCREASE. SCHEDULE J, PART II, COLUMN (B)(III): MARK LUBELL PARTICIPATES IN A 457(B) RETIREMENT PLAN. X 4 156117 FMV 0 1 0 PART I, LINE 30B: SCHEDULE M, PART I, COLUMN (B): THE AMOUNT IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTORS. 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 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 OFFICIAL 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 FORM THE PRIOR YEAR.