2021-05-15T07:54:54-05:00 2020-06-30 113518842 MARKS PANETH LLP 685 THIRD AVENUE NEW YORK NY 10017 990 2019-07-01 112201344 BROOKLYN ACADEMY OF MUSIC INC BROO 7186364110 30 LAFAYETTE AVENUE BROOKLYN NY 11217 JENNIFER ANGLADE CO-INTERIM PRES., CFO 7187248244 2021-05-14 1 MAGDALENA M CZERNIAWSKI P00535099 2125038800 2021-05-14 2019 2022-09-23 18:48:47Z JENNIFER ANGLADE 30 LAFAYETTE AVENUE BROOKLYN NY 11217 57898890 0 X WWW.BAM.ORG X 1861 NY BAM IS THE HOME FOR ADVENTUROUS ARTISTS, AUDIENCES, AND IDEAS. 43 41 1212 42 8070 -7216 39789029 41878868 12895785 8747099 5995 20634 668824 1404821 53359633 52051422 19394 10613 0 0 30531158 26958908 0 0 6429899 20085310 14694201 50635862 41663722 2723771 10387700 156317779 147044436 19708250 8501693 136609529 138542743 X BAM'S MISSION IS TO BE THE HOME FOR ADVENTUROUS ARTISTS, AUDIENCES, AND IDEAS. 0 0 5341638 3806986 SPRING 2020 BAM'S 2020 SPRING OPENED IN JANUARY 2020 WITH AN EXTENDED RUN OF MEDEA, AUSTRALIAN DIRECTOR SIMON STONE'S NEW STAGING OF EURIPIDES, STARRING ROSE BYRNE AND BOBBY CANNAVALE. IN MARCH, THE COVID-19 PANDEMIC FORCED BAM TO CLOSE ITS VENUES AND TO CANCEL THE REMAINDER OF THE SEASON. DESPITE THE CHALLENGES, BAM PRESENTED THE FIRST EVER VIRTUAL DANCEAFRICA FESTIVAL, WHICH INCLUDED VIDEOS OF PAST DANCEAFRICA PERFORMANCES, LIVESTREAMED TALKS ABOUT THE FESTIVAL'S HISTORY, AN ONLINE BAZAAR FEATURING LOCAL VENDORS, A VIRTUAL DANCE PARTY, AND STREAMING HIP-HOP AND WEST AFRICAN DANCE CLASSES. 3977099 2542578 BAM FILM FY2020 IN FY20, BAM FILM SERVED IN-PERSON AUDIENCES OF 145,197 AND 4,998 TICKET HOLDERS VIA STREAMING PROGRAMS AFTER BAM'S CINEMAS CLOSED IN MARCH AS A RESULT OF COVID-19. BAM FILM PRESENTED 246 FILMS, INCLUDING 38 VIRTUAL FEATURES. HIGHLIGHTS INCLUDE: PUNKS, POETS & VALLEY GIRLS: WOMEN FILMMAKERS IN 1980S AMERICA, WHICH SHOWCASED DECADE-DEFINING CLASSICS BY DIRECTORS WHO BROUGHT A SENSITIVITY TO FEMALE SUBJECTIVITY AND EXPERIENCE HITHERTO RARE IN MAINSTREAM GENRE CINEMA (AUGUST 7-20, 2019); GARRETT BRADLEY'S AMERICA: A JOURNEY THROUGH RACE AND TIME, AN EXPLORATION OF THE VISIONARY FILMMAKER'S STUNNING VISION OF AFRICAN-AMERICAN REPRESENTATION ON SCREEN THROUGH SEVEN DIFFERENT PROGRAMS, EACH OFFERING A UNIQUE PRISM THROUGH WHICH TO CONSIDER THE HISTORY AND FUTURE OF THE CONSTRUCTION OF BLACKNESS IN AMERICAN CINEMA. (OCTOBER 11-17, 2019); AND HAPPY BIRTHDAY TONI!: A CELEBRATION OF BLACK WOMEN, WHICH FEATURED FILMS CURATED SPECIFICALLY TO HONOR TONI MORRISON'S LEGACY ON WHAT WOULD HAVE BEEN HER 89TH BIRTHDAY (FEBRUARY 18-25, 2020). 3632968 1659841 NEXT WAVE 2019 FOR THE FIRST TIME SINCE ITS INAUGURAL YEAR IN 1983, THE 2019 NEXT WAVE FOCUSED EXCLUSIVELY ON ARTISTS WHO WERE MAKING THEIR BAM DEBUTS, CELEBRATING THE SPIRIT OF THE ORIGINAL FESTIVAL BY SUPPORTING A NEW GENERATION OF PERFORMANCE MAKERS FROM AROUND THE WORLD WITH GENRE-BENDING PRODUCTIONS. THESE INNOVATIVE PRESENTATIONS CHALLENGED CONVENTIONAL FORMS OF THEATER, DANCE, MUSIC, AND OPERA, AND ENGAGED BAM AUDIENCES AS ACTIVE PARTICIPANTS IN CREATING, SHARING, AND INTERPRETING ART. IN BRAZILIAN DIRECTOR CHRISTIANE JATAHY'S MULTIMEDIA THEATER PIECE WHAT IF THEY WENT TO MOSCOW?, AUDIENCE MEMBERS JOINED ACTORS ONSTAGE FOR A PARTY SCENE, THEN SWITCHED THEATERS TO VIEW THE ENTIRE PIECE AGAIN AS A LIVE-EDITED FILM; NEW ZEALAND PERFORMANCE ARTIST KATE MCINTOSH CONDUCTED A PLAYFUL TACTILE EXPERIMENT IN HER PIECE IN MANY HANDS, WHICH ASKED AUDIENCE MEMBERS TO EXPLORE VARIOUS OBJECTS USING ONLY THEIR SENSE OF TOUCH; AND VISITORS WHO ENCOUNTERED BRITISH ARTIST SELINA THOMPSON'S INTERACTIVE INSTALLATION RACE CARDS COULD LEAVE THEIR RESPONSE TO ONE OF THE ARTIST'S ONE THOUSAND HANDWRITTEN QUESTIONS ABOUT RACE. AUDIENCES ALSO HAD THE OPPORTUNITY TO ATTEND CREATIVE CONVERSATIONS AND WORKSHOPS WITH NEXT WAVE ARTISTS TO CONTEXTUALIZE PRESENTATIONS SUCH AS NAT RANDALL'S THE SECOND WOMAN AND UNICORN THEATRE'S THE END OF EDDY. 16913615 10613 1065136 EXPENSES IN THIS CATEGORY INCLUDE COMMUNITY, HUMANITIES, EDUCATION AND ART PROGRAMMING. EXPENSES IN THIS CATEGORY ALSO INCLUDE OVERHEAD COSTS COVERING PRODUCTION MANAGEMENT, ARTIST SERVICES, MARKETING, AND BUILDING OPERATIONS ALL IN SUPPORT OF THE ORGANIZATION'S PROGRAMMING. BAM RENTS ITS THEATERS AND PUBLIC SPACES TO COMMERCIAL AND NON-PROFIT GROUPS, AS WELL AS COMMUNITY ORGANIZATIONS AND INDIVIDUALS. 16913615 10613 1065136 29865320 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 249 0 1 1212 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 43 41 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X JENNIFER ANGLADE - CO-INTERIM PRESIDENT CFO 7187248244 30 LAFAYETTE AVENUE BROOKLYN NY 11217 ADAM E MAX CHAIR 5.00 0.50 X X 0 0 0 ADAM WOLFENSOHN TRUSTEE 0.50 X 0 0 0 AHRIN MISHAN TRUSTEE 0.50 X 0 0 0 ALEXA DAVIDSON SUSKIN TRUSTEE 0.50 X 0 0 0 ANDRE DUA TRUSTEE (OUTGOING) 0.50 X 0 0 0 ANNA KUZMIK SAMPAS TRUSTEE 0.50 X 0 0 0 ANNE HUBBARD TRUSTEE 0.50 X 0 0 0 AXEL STAWSKI TRUSTEE 0.50 X 0 0 0 BARRY M FOX TRUSTEE 0.50 X 0 0 0 BARTHOLOMEW SHEEHAN III TRUSTEE 0.50 X 0 0 0 BRIAN STAFFORD TRUSTEE 0.50 X 0 0 0 BRIGITTE VOSSE TRUSTEE 0.50 X 0 0 0 CHERYL DELLA ROSA TRUSTEE 0.50 X 0 0 0 CLAIRE WOOD TRUSTEE 0.50 X 0 0 0 DAVID PICKET TRUSTEE 0.50 X 0 0 0 DINYAR S DEVITRE TRUSTEE 0.50 X 0 0 0 DOUG STEINER TRUSTEE 0.50 X 0 0 0 EDGAR LAMPERT TRUSTEE 0.50 X 0 0 0 FRANCES RESHESKE TRUSTEE 0.50 X 0 0 0 GORDON BOWEN TRUSTEE 0.50 X 0 0 0 JAMES I MCLAREN TREASURER 5.00 0.50 X X 0 0 0 JEANNE DONOVAN FISHER TRUSTEE 0.50 X 0 0 0 JOHN USDAN TRUSTEE 0.50 X 0 0 0 JONATHAN AUERBACH TRUSTEE (OUTGOING) 0.50 X 0 0 0 JONATHAN ROSE TRUSTEE (OUTGOING) 0.50 X 0 0 0 JOSEPH STERN TRUSTEE 0.50 X 0 0 0 KATY CLARK PRESIDENT 50.00 X X 352473 0 63074 LINDA CHINN TRUSTEE 0.50 X 0 0 0 LORRAINE LYNCH TRUSTEE 0.50 X 0 0 0 MARK DIKER TRUSTEE 0.50 X 0 0 0 MARYANNE GILMARTIN TRUSTEE 0.50 X 0 0 0 NATALIA CHEFER TRUSTEE 0.50 X 0 0 0 NORA ANN WALLACE VICE CHAIR 5.00 0.50 X X 0 0 0 PEDRO J TORRES TRUSTEE 0.50 X 0 0 0 RICHARD E FELDMAN TRUSTEE 0.50 X 0 0 0 ROBERTA GARZA TRUSTEE 0.50 X 0 0 0 RUDOLPH CREW TRUSTEE 0.50 X 0 0 0 SCOTT MCDONALD TRUSTEE 0.50 X 0 0 0 STEVEN G FELSHER TRUSTEE 0.50 0.50 X 0 0 0 SUZY FRANCZAK DAVIS TRUSTEE (OUTGOING) 0.50 X 0 0 0 THERESE M ESPERDY TRUSTEE 0.50 X 0 0 0 TIMOTHY SEBUNYA TRUSTEE 0.50 0.50 X 0 0 0 TONY BECHARA TRUSTEE 0.50 X 0 0 0 WILLIAM I CAMPBELL VICE CHAIR 5.00 X X 0 0 0 YRTHYA DINZEY-FLORES TRUSTEE 0.50 X 0 0 0 LENNY H SINGLETARY TRUSTEE 0.50 X 0 0 0 COURTNEY KILLINGSWORTH VP ED. & COMM. ENGAGEMENT 50.00 X 161748 0 50892 DAVID BINDER ARTISTIC DIRECTOR 50.00 X 447585 0 44527 JOHN LANASA VP MARKETING & COMMUNICATION (OUTGOING) 50.00 X 87937 0 34682 KEITH STUBBLEFIELD CFO (OUTGOING) 50.00 5.00 X 316113 0 52762 PATRICK SCULLY VICE PRESIDENT & GEN. MGR. 50.00 X 183278 0 32691 WILLIAM KRAMER VICE PRESIDENT OF DEV. (OUTGOING) 50.00 X 308991 0 40661 MARK JACKSON LEGAL COUNSEL & SECRETARY 14.00 X 140872 0 13756 NICHOLAS VARACALLI STAGEHAND 40.00 X 198831 0 62627 STACY MARGOLIS AVP, MAJOR GIFTS & PATRON PROGRAMS 50.00 X 200945 0 50404 WILLIAM LYNCH DIRECTOR OF LEAD. GIFTS 45.00 X 192254 0 32374 JOHN MANDERBACH STAGEHAND 40.00 X 196954 0 57684 MARC PUTZ STAGEHAND 40.00 X 194467 0 60954 2982448 0 597088 59 0 1 0 HUNTER ROBERTS CONSTRUCTION GROUP 55 WATER STREET 51ST FLOOR NEW YORK NY 10041 CONSTRUCTION MANAGEMENT 13796269 DISCALCED INC 3 LAFAYETTE AVENUE BROOKLYN NY 11217 COMPANY FEE 531274 SITUATION INTERACTIVE 469 7TH AVENUE STE 1300 NEW YORK NY 10018 ELECTRONIC MEDIA SERVICES 502316 WILLIAM MORRIS ENDEAVOR ENTERTAINMENT LL 1325 AVENUE OF THE AMERICAS NEW YORK NY 10019 COMPANY FEE 418424 GREAT PERFORMANCES 304 HUDSON STREET NEW YORK NY 10013 CATERING 407198 35 1000781 9599095 12915896 18363096 3941244 41878868 PERFORMANCE INCOME 711110 5931634 5931634 BAM ROSE CINEMA 711110 2542578 2542578 BAMART REVENUE 900099 264817 264817 ADVERTISING 541800 8070 8070 8747099 891 891 6612774 5794859 817915 817915 817915 19743 0 19743 19743 19743 1800 1000781 52609 -50809 -50809 MISCELLANEOUS INCOME 900099 310077 310077 MANAGEMENT FEES 561000 252608 252608 CAFETERIA INCOME 900099 60989 60989 14041 5692 8349 637715 52051422 9074541 8070 1089943 10613 10613 2434507 1203902 905480 325125 17806788 12813167 1739007 3254614 1715646 1214935 172999 327712 2431793 1728838 236950 466005 2570174 1799168 288428 482578 467004 30845 436159 66000 66000 2680354 2364676 112817 202861 1575309 1391916 238 183155 759673 12997 572698 173978 632692 612489 9515 10688 1773124 1770658 2466 803702 756632 4681 42389 157870 157870 1570837 1128074 201906 240857 314647 39288 236887 38472 PRODUCTION EXPENSES 1619163 1572538 894 45731 FILM RENTAL 1014485 1014485 HOSPITALITY & RECEPTION 369030 112122 8688 248220 MISC. AND OPER. ALLOC. 259918 373 15762 243783 630393 287604 201524 141265 41663722 29865320 5368503 6429899 17000 27975 848190 1613673 24902061 8040126 470770 788946 64231 59656 499983 237650 59693578 16552583 27831900 43140995 101683644 93135415 156317779 147044436 8826467 4700740 343551 0 6573290 2650593 3964942 1150360 19708250 8501693 X 21802639 36293241 114806890 102249502 136609529 138542743 156317779 147044436 X 10387700 -8454486 X X 0 1 X 1 0 X 34874346 36416552 39951167 39789029 41878868 192909962 34874346 36416552 39951167 39789029 41878868 192909962 3023495 189886467 2060974 1380535 2362002 3808279 6613665 16225455 932730 960063 1193824 721390 639515 4447522 213582939 71443300 0.88910 0.88480 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2015 AMOUNT: $ 744,041. 2016 AMOUNT: $ 748,278. 2017 AMOUNT: $ 64,122. 2018 AMOUNT: $ 142,158. 2019 AMOUNT: $ 310,077. FUNDRAISING REVENUE - 2015 AMOUNT: $ 188,689. 2016 AMOUNT: $ 211,785. 2017 AMOUNT: $ 685,860. 2018 AMOUNT: $ 92,595. 2019 AMOUNT: $ 1,800. MANAGEMENT FEES - 2017 AMOUNT: $ 203,441. 2018 AMOUNT: $ 201,570. 2019 AMOUNT: $ 252,608. BAZAAR INCOME - 2017 AMOUNT: $ 106,800. 2018 AMOUNT: $ 113,700. 2019 AMOUNT: $ 0. CONSULTING INCOME - 2017 AMOUNT: $ 12,733. 2018 AMOUNT: $ 8,350. 2019 AMOUNT: $ 5,692. MAILING LIST - 2017 AMOUNT: $ 16,496. 2018 AMOUNT: $ 27,292. 2019 AMOUNT: $ 4,940. CAFETERIA INCOME - 2017 AMOUNT: $ 93,741. 2018 AMOUNT: $ 101,525. 2019 AMOUNT: $ 60,989. BOUTIQUE SALES - 2017 AMOUNT: $ 10,631. 2018 AMOUNT: $ 34,200. 2019 AMOUNT: $ 3,409. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 66000 66000 41597722 41663722 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 71585 66000 72000 66000 275585 250000 250000 250000 250000 1000000 1500000 71585 66000 72000 66000 275585 101160417 72000 1450320 9599095 303213 92780429 99853636 50639 5946383 4449813 240428 101160417 95779598 2851674 9345991 7478996 644631 99853636 91574003 181650 13391193 8598441 768807 95779598 99346428 687529 -3406757 4359525 693672 91574004 0.07370 0.92510 0.00120 0 1 1 2509919 981786 1528133 16108373 11521490 4586883 5377921 3803764 1574157 35697365 245543 35451822 43140995 BENEFICIAL INTEREST IN BAM ENDOWMENT TRUST 92780429 SECURITY DEPOSITS 44486 457B PLAN ASSETS 297810 STRAND THEATER TENANTS' RESERVE 7860 DUE FROM BAM ENDOWMENT TRUST 4830 93135415 DUE TO NYC CIRS 1150360 1150360 X 57846281 0 57846281 -5794859 -5794859 52051422 47458581 5794859 5794859 41663722 0 41663722 PART V, LINE 4: THE ENDOWMENT FUNDS REPORTED IN PART V ARE BEING ADMINISTERED THROUGH THE BAM ENDOWMENT TRUST, A SUPPORTING ORGANIZATION AS DEFINED IN CODE SECTION 509(A)(3) OF THE INTERNAL REVENUE CODE OF 1986. THE EARNINGS OF THE TRUST ARE USED EXCLUSIVELY TO ASSIST BAM IN CARRYING OUT ITS MISSION. PART X, LINE 2: BAM 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 PROVISION FOR UNCERTAIN TAX POSITIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -5,794,859. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 5,794,859. 2020 BAM VIRTUAL GALA 1002581 1000781 1800 43211 9398 1002581 1000781 1800 43211 9398 52609 -50809 1 THE BROOKLYN HOSPITAL FOUNDATION INC 121 DEKALB AVENUE BROOKLYN NY 11201 112936410 501(C)(3) 10000 GENERAL OPERATING SUPPORT 1 X X X X X 0 0 0 0 0 0 0 0 0 KATY CLARK PRESIDENT 333625 0 0 0 18848 0 31080 0 31994 0 415547 0 0 0 COURTNEY KILLINGSWORTH VP ED. & COMM. ENGAGEMENT 161584 0 0 0 164 0 17954 0 32938 0 212640 0 0 0 DAVID BINDER ARTISTIC DIRECTOR 446729 0 0 0 856 0 31080 0 13447 0 492112 0 0 0 KEITH STUBBLEFIELD CFO (OUTGOING) 314436 0 0 0 1677 0 31080 0 21682 0 368875 0 0 0 PATRICK SCULLY VICE PRESIDENT & GEN. MGR. 181551 0 0 0 1727 0 20344 0 12347 0 215969 0 0 0 WILLIAM KRAMER VICE PRESIDENT OF DEV. (OUTGOING) 292116 0 0 0 16875 0 31080 0 9581 0 349652 0 0 0 MARK JACKSON LEGAL COUNSEL & SECRETARY 140872 0 0 0 0 0 0 0 13756 0 154628 0 0 0 NICHOLAS VARACALLI STAGEHAND 198831 0 0 0 0 0 35789 0 26838 0 261458 0 0 0 STACY MARGOLIS AVP, MAJOR GIFTS & PATRON PROGRAMS 182266 0 0 0 18679 0 22305 0 28099 0 251349 0 0 0 WILLIAM LYNCH DIRECTOR OF LEAD. GIFTS 189499 0 0 0 2755 0 21340 0 11034 0 224628 0 0 0 JOHN MANDERBACH STAGEHAND 196954 0 0 0 0 0 35451 0 22233 0 254638 0 0 0 MARC PUTZ STAGEHAND 194467 0 0 0 0 0 35004 0 25950 0 255421 0 0 0 PART II, COLUMN B(III): THE AMOUNS IN THIS COLUMN FOR CERTAIN INDIVIDUALS REPRESENT CONTRIBUTIONS TO 457(B) RETIREMENT PLAN AND TAXABLE GROUP TERM LIFE INSURANCE. X 25 2941851 AVG. HIGH/LOW X 1 1115 FAIR MARKET VALUE X ENERGY SUPPORT 1 702909 FAIR MARKET VALUE X CIRS PENSION, GROUP LIFE INSURANCE AND ADMIN FEES 1 291971 FAIR MARKET VALUE X CUSTOM FRAME 1 3398 FAIR MARKET VALUE 0 1 0 PART I, COLUMN (B): THE NUMBER IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 2 MARK DIKER (TRUSTEE) AND ADAM WOLFENSOHN (TRUSTEE) HAVE A BUSINESS RELATIONSHIP WITH JONATHAN ROSE (TRUSTEE). FORM 990, PART VI, SECTION B, LINE 11B TAX RETURN IS PREPARED BY AN INDEPENDENT ACCOUNTANT AND IS REVIEWED BY MANAGEMENT. DRAFT VERSIONS OF THE TAX RETURNS ARE PRESENTED TO THE FULL BOARD FOR REVIEW AND COMMENT IN ADVANCE OF THE FILING DEADLINE. AFTER ANY NECESSARY REVISIONS, THE TAX RETURNS ARE FILED WITH THE APPROPRIATE AUTHORITIES. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR, ALL MEMBERS OF THE BOARD OF TRUSTEES AND SENIOR MANAGEMENT ARE REQUIRED TO REVIEW AND SIGN BAM'S CONFLICT OF INTEREST POLICY. WHEN A BIDDING SITUATION WITH A POTENTIAL CONFLICT ARISES, PROPOSALS FROM MULTIPLE SOURCES ARE REQUESTED. A SUBCOMMITTEE OF BAM'S BOARD GOVERNANCE COMMITTEE SERVES AS THE CONFLICT OF INTEREST COMMITTEE AND EVALUATES EACH CONFLICT OR POTENTIAL CONFLICT TO ENSURE THAT EACH BID MEETS THE CRITERIA SET FORTH IN BAM'S CONFLICT OF INTEREST POLICY. THOSE MEMBERS WITH A CONFLICT MAY NOT PARTICIPATE IN OR ATTEND AN AUTHORIZED BODY'S DELIBERATIONS OR VOTE ON THE CONFLICT OF INTEREST ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15A A COMMITTEE CONSISTING OF INDEPENDENT TRUSTEES AND MEMBERS OF MANAGEMENT COMPLETED A COMPENSATION REVIEW. THE SALARY AND BENEFIT DATA FOR COMPARABLE ROLES WAS REVIEWED AND DISCUSSED. FOR TOP MANAGEMENT AND OFFICERS, A COMPENSATION TARGET AND RANGE WAS ESTABLISHED FOR EACH POSITION. THIS PROCESS IS UNDERTAKEN ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 THROUGH ITS WEBSITE (WWW.BAM.ORG), BAM MAKES AVAILABLE ITS CONFLICT OF INTEREST POLICY AND ITS FINANCIAL STATEMENTS. FORM 990, PART XI, LINE 9: DECREASE IN BENEFICIAL INTEREST IN BET ENDOWMENT TRUST -8,379,988. CULTURAL INSTITUTIONS RETIREMENT SYSTEM -74,498. FORM 990, PART XII, LINE 2C: THE PROCESS OF OVERSEEING OF THE AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. BAM ENDOWMENT TRUST 30 LAFAYETTE AVENUE BROOKLYN NY 11217 113112268 THE BAM ENDOWMENT TRUST OPERATES EXCLUSIVELY FOR THE BENEFIT OF BAM NY 501(C)(3) LINE 12C, III-FI N/A 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1