2020-05-15T09:46:28-05:00 2019-06-30 KPMG LLP 345 Park Avenue New York NY 101540102 990 2018-07-01 131847137 LINCOLN CENTER FOR THE PERFORMING ARTS INC % ROBERT CUNDALL LINC 2128755000 70 LINCOLN CENTER PLAZA NEW YORK NY 10023 ROBERT CUNDALL EXEC VP & CFO 2128755000 2020-05-14 true DEVIN L DUNCAN P01249521 2127589700 2020-05-14 199.207.253.96 13407320201365000020 2020-05-15 P 3334E7B7F03F731422ECC73C4D529CE40FFEDC8C DA4F556549C95AEC1A4590AB9843AE87D4A12B12 2018 2020-09-23 17:36:50Z HENRY TIMMS 70 LINCOLN CENTER PLAZA NEW YORK NY 10023 222038694 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. 79 79 1629 267 7048914 287447 46046673 56361863 80318675 76615414 15633394 18026879 2641844 1104406 144640586 152108562 2660831 2500620 0 0 80413908 72709439 29764 45672 7541264 84739180 79210513 167843683 154466244 -23203097 -2357682 736654157 736519949 328035252 352149576 408618905 384370373 X TO SUSTAIN, ENCOURAGE, AND PROMOTE THE PERFORMING ARTS AND TO EDUCATE THE PUBLIC WITH RELATION THERETO. SEE SCHEDULE O FOR CONTINUATION. false false 78377573 58850928 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-ACRE FACILITY WHERE MOST RESIDE, WHICH WELCOMES APPROXIMATELY 6.5 MILLION ANNUAL VISITORS. THE CAMPUS WELCOMES NOT ONLY CONCERT-GOERS BUT FAMILIES AND NEIGHBORS, STUDENTS AND VISITORS FROM AROUND THE WORLD. 23229362 8253104 PERFORMANCE PROGRAMMING - LINCOLN CENTER FOR THE PERFORMING ARTS PRESENTS THESE WORLD-CLASS FESTIVALS AND PERFORMANCE SERIES ANNUALLY: AMERICAN SONGBOOK, GREAT PERFORMERS, LINCOLN CENTER OUT OF DOORS, MIDSUMMER NIGHT SWING, MOSTLY MOZART FESTIVAL, AND WHITE LIGHT FESTIVAL. FROM COUNTRY TO JAZZ, BLUEGRASS TO BROADWAY, ORCHESTRA CONCERTS TO OUTDOOR DANCING, THESE SERIES CELEBRATE COMPOSERS, ARTISTS, AND PERFORMERS OF MUSIC, DANCE, THEATER, AND OPERA, AND OFFER INTERACTIVE AND FAMILY-BASED PROGRAMMING. SEE SCHEDULE O FOR CONTINUATION. 10960884 1370620 1439579 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 $9,590,264 IN FINANCING COSTS RELATED TO CAMPUS CAPITAL PROJECTS. 11046083 1130000 3560979 123613902 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 false true false false false false true true true false false true 599 0 true 1629 true true true false false false false true true false false false false false false X 79 79 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 MS MO MT NE NV NH NJ NM NY OH OK OR PA RI TN TX UT VT VA WA WV WI WY X X ROBERT CUNDALL 2128755000 70 LINCOLN CENTER PLAZA NEW YORK NY 10023 X 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 Richard S Braddock Director THRU 12/11/18 1.0 0.0 X 0 0 0 Jeffrey C Campbell Director 1.0 0.0 X 0 0 0 Judith Ann Corrente Director THRU 6/4/2019 1.0 0.0 X 0 0 0 James Dinan Director 1.0 0.0 X 0 0 0 Beth Dozoretz Director THRU 6/4/2019 1.0 0.0 X 0 0 0 Elizabeth Eveillard Director As of 6/4/2019 1.0 0.0 X 0 0 0 Harold Ford Jr Director 1.0 0.0 X 0 0 0 William E Ford Director thru 6/4/2019 1.0 0.0 X 0 0 0 Bart Friedman Director 1.0 1.0 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 AS OF 3/1/2019 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 As of 6/4/2019 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 Sheryl Drangel Kaye DIRECTOR 1.0 0.0 X 0 0 0 Somesh Khanna Director 1.0 0.0 X 0 0 0 David H Koch Director thru 10/16/2018 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 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 1.0 0.0 X 0 0 0 Eric Mindich Director 1.0 0.0 X 0 0 0 William C Morris Director 1.0 0.0 X 0 0 0 Anna Nikolayevsky Director 1.0 0.0 X 0 0 0 Indra K Nooyi Director Thru 10/16/2018 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 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 Robert K Steel Director 1.0 0.0 X 0 0 0 Esta Eiger Stecher 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 Ann Tenenbaum Director 1.0 0.0 X 0 0 0 John A Thain Director 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 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 1.0 0.0 X 0 0 0 Randi Zuckerberg Director 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 Henry Timms President & CEO from 05/2019 35.0 0.0 X 0 0 0 Liza Parker Chief Operating Officer 35.0 2.0 X 883828 0 215087 Tamar C Podell EVP, Chief Development Officer 35.0 0.0 X 745481 0 64160 Russell Granet EVP,Acting Pres. thru 04/2019 35.0 0.0 X 725461 0 48967 Peter Duffin SVP,Brand&Market.thru 10/2018 35.0 0.0 X 653219 0 122433 Jane Moss Artistic Director 35.0 0.0 X 456034 0 20699 Robert Cundall EVP & Chief Financial Officer 35.0 2.0 X 430291 0 70247 Peter Flamm VP,Concert Halls & Operations 35.0 2.0 X 324185 0 2653 Lauren Klein EVP,General Counsel fr.08/2018 35.0 2.0 X 154834 0 6920 Andrew C Wilk EXEC. PRODUCER, MEDIA DEVELOP 35.0 0.0 X 350385 0 53118 Valerie Mitchell Deputy General Counsel 35.0 0.0 X 323398 0 46610 Frank Ferrante Stagehand 35.0 0.0 X 316682 0 126581 Brendan Tendrich Stagehand 35.0 0.0 X 284288 0 113300 Robert Regan Stagehand 35.0 0.0 X 286877 0 107630 Lesley Friedman Rosenthal EVP, GEN COUNSEL THRU 06/2018 35.0 2.0 X 327513 0 -14800 Bret Silver CHF STRAT & EXT RELA THRU 4/18 35.0 0.0 X 418142 0 26083 Debora Spar President & CEO THRU 4/2018 35.0 0.0 X 1103544 0 28029 7784162 0 1037717 144 true true false Gemini Music Productions 2 Iriquois Avenue PALISADES NY 10964 Artist Fees 1655154 Nicholson Galloway Inc 261 Glen Head Road GLEN HEAD NY 11545 Building Improvement 1362003 Restaurant Associates Caterers 132 West 65th Street NEW YORK NY 10023 Catering 1110858 Thyssenkrupp Elevator Corp PO Box 3796 CAROL STREAM IL 601323796 Elevator Service 794712 Specialty Construction System Inc 31 South Street MOUNT VERNON NY 10550 Construction Firm 520566 71 5469936 10981675 1668905 38241347 1179927 56361863 FACILITIES SERVICES 532000 34644355 27594085 7050270 FACILITIES RENTAL 532000 31256843 31256843 PRESENT PERFORMANCES 711300 8253104 8253104 REDEVELOPMENT EXPENSE SHARE 532000 1439579 1439579 EDUCATION & OUTREACH 611600 766340 766340 255193 255193 76615414 367957 -1356 369313 0 0 0 0 0 54349342 31160590 47376579 20474431 6972763 10686159 17658922 17658922 618972 10981675 2054012 -1435040 -1435040 0 0 0 90762 25110 65652 65652 CORPORATE SPONSORSHIPS 541800 1351370 1351370 SUPPORTING SERVICES 561000 534023 534023 DIGITAL MARKETING SERVICES 541800 229586 229586 358815 358815 2473794 152108562 72104590 7048914 16593195 2220620 2220620 280000 280000 0 0 3835512 1091017 2124193 620302 0 49293576 37666334 8292900 3334342 5129067 3131533 1508686 488848 10485391 9084948 1065568 334875 3965893 3029469 679233 257191 0 332161 102485 146843 82833 312370 312370 103657 103657 45672 45672 1302425 1302425 2293119 551606 1552544 188969 2829584 2605666 181535 42383 2428320 2109616 34963 283741 1832975 304741 1459223 69011 180300 180300 8996218 8282068 610150 104000 771787 552396 129421 89970 0 501650 326530 149801 25319 9590264 9590264 0 15207831 13484103 1223291 500437 1816427 1635752 180675 ARTISTS AND PERFORMANCE 9456179 9456179 PRODUCTION EXPENSES 8052111 7993272 58839 MAINTENANCE CONTRACTS 826149 826149 ELEVATOR SERVICE 774237 774237 11602749 8334617 2194761 1073371 154466244 123613902 23311078 7541264 X 75123 65923 25289364 32390757 79415793 72681032 14769088 15635329 0 0 0 0 0 0 633856 626961 8084961 7359049 635735908 285233682 349415238 350502226 78061321 55226676 180800747 201952969 0 0 0 0 108666 79027 736654157 736519949 20737957 17289823 0 0 18752798 24688952 251707362 250138509 0 0 0 0 0 0 0 10000000 36837135 50032292 328035252 352149576 X 197295058 160671259 114898862 126732252 96424985 96966862 408618905 384370373 736654157 736519949 X -2357682 -19959196 -1226449 -705205 X false true X true false X 102589558 80212102 68877991 46046673 56361863 354088187 0 0 102589558 80212102 68877991 46046673 56361863 354088187 12914420 341173767 331233 483647 808948 489970 367957 2481755 373627 410346 215274 623811 287447 1910505 1409512 2240677 3336079 3644422 2564556 13195246 371675693 370691433 0.91793 0.92610 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 107990 false 107990 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 FY19 LINCOLN CENTER DID NOT ENGAGE IN LOBBYING AT THE FEDERAL LEVEL. 258844605 630839 9960415 224453 11207761 258003645 248686419 -1035908 23092685 187500 11711091 258844605 229824506 442416 34204034 300000 15484537 248686419 251650997 453075 -10732273 215000 11332293 229824506 250993121 665154 9680060 206243 9481095 251650997 0.41970 0.37580 0.20450 false false 15513280 15513280 529855646 264603282 265252364 28065991 6597953 21468038 20027957 14032447 5995510 42273034 42273034 350502226 OTHER ALTERNATIVE INVSTMTS 17102792 F INTERNATIONAL EQUITY 58873114 F LARGE CAP EQUITY FUND 10911823 F SMALL/MID CAP EQUITY FUND 8666946 F ABSOLUTE RETURN 50214726 F HEDGED EQUITY 39741164 F PRIVATE EQUITY 16442404 F 201952969 0 FAIR VALUE OF INTEREST RATE SWAPS 50032292 50032292 X 130563839 -19959196 918237 -1226449 -20267408 150831247 1302425 -25110 1277315 152108562 154812371 918237 730315 1648552 153163819 1302425 1302425 154466244 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 2D - OTHER ADJUSTMENTS: IMPACT OF CHANGE IN ACCOUNTING POLICY -$1,226,449 PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -$ 25,110 RECONCILIATION OF EXPENSE PER AUDITED FINANCIAL STATEMENTS TO FORM 990 PART XII, LINE 2D - OTHER ADJUSTMENTS: PROVISION FOR BAD DEBT $ 705,205 COST OF GOODS SOLD 25,110 ----------- TOTAL $ 730,315 Central America and the Caribbean Investments 68721798 Europe (Including Iceland and Greenland) Investments 328567 East Asia and the Pacific Program Services PERFORMING ARTS 2091 Europe (Including Iceland and Greenland) Program Services PERFORMING ARTS 87156 North America Program Services PERFORMING ARTS 17331 Sub-Saharan Africa Program Services PERFORMING ARTS 815 69157758 69157758 true false true true true false X X X X X X X true SDA TELESERVICES TELE- MARKETING false 93445 45672 47773 93445 45672 47773 AL AK AZ CA CO CT DE DC FL HI ID IL IN IA KS KY LA ME MD MA MI MS MO MT NE NV NH NJ NM NY OH OK OR PA RI TN TX UT VT VA WA WV WI WY FALL GALA 3318518 3235118 83400 86639 89172 79057 SPRING GALA 3311145 3179745 131400 52096 141950 205275 136727 32 4970984 4566812 404172 97000 377078 273786 515232 11600647 10981675 618972 149096 605667 568233 731016 2054012 -1435040 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) 1370620 To provide funding for redevelopment of the Lincoln Center campus Pregones Puerto Rican Traveling Theater Inc 571 Walton Ave 575 Bronx NY 10451 133266893 501(C)(3) 85000 To support cultural innovation (see Part IV) The DreamYard Project Inc 1085 Washington Avenue Bronx NY 10456 133759661 501(C)(3) 80000 To support cultural innovation (see Part IV) BRIC Arts Media Bklyn Inc 647 Fulton Street BrooklYn NY 11217 112547268 501(C)(3) 80000 To support cultural innovation (see Part IV) Ifetayo Cultural Arts Academy Inc 495 Flatbush Ave Brooklyn NY 11225 113027538 501(C)(3) 80000 To support cultural innovation (see Part IV) Art Creates Us Inc dba ProjectArt 247 Water St Room 403 Brooklyn NY 11201 461518061 501(C)(3) 80000 To support cultural innovation (see Part IV) Women's Housing & Economic Development Corporation 50 East 168th Street Bronx NY 10452 113099604 501(C)(3) 80000 To support cultural innovation (see Part IV) Brooklyn Children's Museum Corporation 145 Brooklyn Avenue Brooklyn NY 11213 112495664 501(C)(3) 75000 To support cultural innovation (see Part IV) BAAD The Bronx Academy of Arts & Dance 2474 Westchester Avenue Bronx NY 10461 133997265 501(C)(3) 65000 To support cultural innovation (see Part IV) The Bronx Documentary Center Inc 614 Courtlandt Avenue Bronx NY 10451 452403312 501(C)(3) 65000 To support cultural innovation (see Part IV) The Wyckoff House & Association Inc 5816 Clarendon Road Brooklyn NY 11203 112615053 501(C)(3) 60000 To support cultural innovation (see Part IV) Urban Bush Women Inc 138 South Oxford St 4B Brooklyn NY 11217 133645651 501(C)(3) 50000 To support cultural innovation (see Part IV) The Laundromat Project Inc 127 West 127th Street New York NY 10027 870753479 501(C)(3) 50000 To support cultural innovation (see Part IV) 13 0 Avery Fisher Artist Program Grant 5 100000 Avery Fisher Prize Award 1 100000 Martin Segal Award 10 75000 LCE Big Apple Awards 1 5000 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 LINCOLN CENTER CULTURAL INNOVATION FUND OFFERS GRANTS RANGING FROM $50,000 TO $100,000, RESOURCES, AND TECHNICAL SUPPORT TO SELECTED COMMUNITY ORGANIZATIONS. ITS THREE OVERARCHING GOALS ARE: TO INCREASE ARTS ACCESS AND PARTICIPATION IN DIVERSE NEIGHBORHOODS OF THE SOUTH BRONX AND CENTRAL BROOKLYN; TO INCREASE THE RANGE OF PLACES AND PLATFORMS WHERE CULTURAL ACTIVITIES ARE TAKING PLACE IN BOTH BOROUGHS; AND TO SUPPORT NONPROFIT ORGANIZATIONS IN PILOTING CULTURAL INNOVATION STRATEGIES AND PROGRAMS. FOR ITS CULTURAL INNOVATION FUND, LINCOLN CENTER COLLABORATES WITH GRANTEES AND HOLDS PERIODIC GRANTEE CONVENINGS DURING THE GRANT PERIOD TO MONITOR USE OF GRANT FUNDS. ADDITIONALLY, ALL GRANTEES SUBMIT FINANCIAL AND NARRATIVE REPORTS THAT LINCOLN CENTER STAFF REVIEW. 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 AWARDED EACH YEAR. THE AVERY FISHER PRIZE PROGRAM AWARDS SOLO INSTRUMENTALISTS WHO HAVE DEMONSTRATED OUTSTANDING ACHIEVEMENT AND EXCELLENCE IN MUSIC. THE AWARD IS BASED ON EXCELLENCE ALONE, AND THE RECIPIENTS MUST BE U.S. CITIZENS OR PERMANENT U.S. RESIDENTS. A MARBLE PLAQUE IN DAVID GEFFEN HALL COMMEMORATES ALL WHO HAVE RECEIVED THE PRIZE, WHICH CARRIES A $100,000 MONETARY AWARD. 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. LINCOLN CENTER EDUCATION HAS TEAMED WITH THE NEW YORK CITY DEPARTMENT OF EDUCATION'S "BIG APPLE AWARDS" TO HONOR ART TEACHERS FOR MAKING A DIFFERENCE IN THE LIVES OF THEIR STUDENTS AND FOR GOING ABOVE AND BEYOND IN THEIR ROLE AS ART EDUCATORS. X X X X X true true false false false false false true false Liza Parker Chief Operating Officer 734157 0 0 0 149671 0 181240 0 33847 0 1098915 0 116666 0 Tamar C Podell EVP, Chief Development Officer 553273 0 100000 0 92208 0 32423 0 31737 0 809641 0 89063 0 Russell Granet EVP,Acting Pres. thru 04/2019 649328 0 0 0 76133 0 13740 0 35227 0 774428 0 75000 0 Peter Duffin SVP,Brand&Market.thru 10/2018 306411 0 0 0 346808 0 110343 0 12090 0 775652 0 0 0 Jane Moss Artistic Director 450495 0 0 0 5539 0 9046 0 11653 0 476733 0 0 0 Robert Cundall EVP & Chief Financial Officer 427306 0 0 0 2985 0 43571 0 26676 0 500538 0 0 0 Peter Flamm VP,Concert Halls & Operations 323555 0 0 0 630 0 -27674 0 30327 0 326838 0 0 0 Lauren Klein EVP,General Counsel fr.08/2018 154500 0 0 0 334 0 0 0 6920 0 161754 0 0 0 Andrew C Wilk EXEC. PRODUCER, MEDIA DEVELOP 344641 0 0 0 5744 0 24391 0 28728 0 403504 0 0 0 Valerie Mitchell Deputy General Counsel 322432 0 0 0 966 0 17883 0 28727 0 370008 0 0 0 Frank Ferrante Stagehand 316682 0 0 0 0 0 70914 0 55667 0 443263 0 0 0 Brendan Tendrich Stagehand 284288 0 0 0 0 0 63606 0 49694 0 397588 0 0 0 Robert Regan Stagehand 286877 0 0 0 0 0 63113 0 44517 0 394507 0 0 0 Lesley Friedman Rosenthal EVP, GEN COUNSEL THRU 06/2018 230995 0 0 0 96518 0 -31470 0 16670 0 312713 0 84375 0 Bret Silver CHF STRAT & EXT RELA THRU 4/18 160136 0 0 0 258006 0 0 0 26083 0 444225 0 0 0 Debora Spar President & CEO THRU 4/2018 249788 75000 778756 0 0 28029 0 1131573 0 0 0 PART I, LINES 4A-B: DEBORA SPAR, FORMER PRESIDENT MS. SPAR'S COMPENSATION INCLUDES A SEVERANCE PAYMENT OF $760,000. PETER DUFFIN, SVP, BRAND & MARKETING MR. DUFFINS COMPENSATION INCLUDES A SEVERANCE PAYMENT OF $308,487. BRET SILVER, FORMER CHIEF STRATEGY AND EXTERNAL RELATIONS OFFICER MR. SILVERS COMPENSATION INCLUDES A SEVERANCE PAYMENT OF $240,000. AMOUNTS IN COLUMN (B)(III) INCLUDE TAXABLE PAYMENTS UNDER A 457(F) DEFERRED COMPENSATION PLAN: LIZA PARKER $145,833; TAMAR PODELL $89,063; RUSSELL GRANET $75,000; LESLEY FRIEDMAN ROSENTHAL $84,375. AMOUNTS IN COLUMN (C) INCLUDE DEFERRALS UNDER A 457(F) DEFERRED COMPENSATION PLAN: TAMAR PODELL $30,000. PART I, LINE 7: FORMER PRESIDENT SPAR RECEIVED A DISCRETIONARY, NON-FIXED BONUS OF $75,000 IN CALENDAR YEAR 2018. 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. 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. X 43 1179927 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 LCPAS LIVE FROM LINCOLN CENTER BROADCASTS MAKE THE PERFORMING ARTS ACCESSIBLE TO A NATIONAL AUDIENCE OF MILLIONS OF VIEWERS. DURING THE 46 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 CENTERS 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 CENTERS MYRIAD EDUCATIONAL PROGRAMS ON ITS CAMPUS, AT ITS AFFILIATED SCHOOLS AND INSTITUTIONS, ONLINE, AND BEYOND. LCPA IS 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. EXPENSES $9,825,409. INCL GRANTS OF $1,130,000. REVENUE $766,340. GUEST SERVICES AND OTHER VENTURES - IN THE COMMUNITY, LCPA EXPANDS ITS PRESENCE WITH A HOST OF INITIATIVES TO MAKE THE ARTS MORE ACCESSIBLE. THESE INCLUDE THE RUBENSTEIN ATRIUM, A COMMUNITY GATHERING PLACE OFFERING FREE WEEKLY PERFORMANCES, DISCOUNT TICKETS, A CAFE, AND CAMPUS TOURS. LINCOLN CENTER ALSO CONTINUES TO EXPERIMENT WITH NEW WAYS TO INCREASE PUBLIC ACCESS AND EXPOSURE TO HIGH QUALITY ARTS CONTENT. EXPENSES $1,220,674. INCL GRANTS OF $0. REVENUE $2,794,639. TOTAL OTHER: EXPENSES $11,046,083. INCL GRANTS OF $1,130,000. REVENUE $3,560,979. BOARD RELATIONSHIPS FORM 990, PART VI, SECTION A, LINE 2 DIRECTOR INDRA K. NOOYI AND DIRECTOR CHANDRIKA K. TANDON - FAMILY RELATIONSHIP DIRECTOR FRANK A. BENNACK, JR. AND DIRECTOR STEVEN R. SWARTZ - BUSINESS RELATIONSHIP DIRECTOR JOHN WALDRON AND DIRECTOR ESTA EIGER STECHER - 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 2018 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 2018 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 MEMBERS OF LINCOLN CENTER'S BOARD OF DIRECTORS AND SENIOR MANAGEMENT MAY, FROM TIME TO TIME, BE ASSOCIATED, EITHER DIRECTLY OR INDIRECTLY, WITH COMPANIES DOING BUSINESS WITH LINCOLN CENTER. FOR SENIOR MANAGEMENT, LINCOLN CENTER REQUIRES ANNUAL DISCLOSURE OF SIGNIFICANT FINANCIAL INTERESTS IN, OR EMPLOYMENT OR CONSULTING RELATIONSHIPS WITH, ENTITIES DOING BUSINESS WITH LINCOLN CENTER. WHEN SUCH RELATIONSHIPS EXIST, MEASURES ARE TAKEN TO APPROPRIATELY MANAGE THE ACTUAL OR PERCEIVED CONFLICT IN THE BEST INTERESTS OF LINCOLN CENTER, AND TO UNDERTAKE PERIODIC REVIEW OF CONTINUING SUCH RELATIONSHIPS. LINCOLN CENTER HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT REQUIRES, AMONG OTHER THINGS, THAT NO MEMBER OF THE BOARD OF DIRECTORS CAN PARTICIPATE IN ANY DECISION IN WHICH HE OR SHE (OR RELATED PARTY) HAS A MATERIAL FINANCIAL INTEREST. EACH DIRECTOR IS REQUIRED TO CERTIFY COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS AND INDICATE WHETHER LINCOLN CENTER DOES BUSINESS WITH AN ENTITY IN WHICH THE DIRECTOR HAS A RELATED PARTY RELATIONSHIP OR MATERIAL FINANCIAL INTEREST. WHEN SUCH A RELATIONSHIP EXISTS, MEASURES ARE TAKEN TO MITIGATE ANY ACTUAL OR PERCEIVED CONFLICT, INCLUDING REQUIRING THAT SUCH TRANSACTIONS BE CONDUCTED AT ARM'S LENGTH, FOR GOOD AND SUFFICIENT CONSIDERATION, BASED ON TERMS THAT ARE FAIR AND REASONABLE TO AND FOR THE BENEFIT OF LINCOLN CENTER, AND IN ACCORDANCE WITH APPLICABLE CONFLICT OF INTEREST LAWS. NO SUCH ASSOCIATIONS ARE CONSIDERED TO BE SIGNIFICANT. THE TRANSACTION OR ARRANGEMENT MUST FURTHER LINCOLN CENTER'S CHARITABLE PURPOSES, AND MUST NOT RESULT IN PRIVATE INUREMENT, AN EXCESS BENEFIT TRANSACTION OR IMPERMISSIBLE PRIVATE BENEFIT UNDER LAWS APPLICABLE TO ORGANIZATIONS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. COMPENSATION REVIEW FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR SENIOR MANAGEMENT BELOW THE CHIEF EXECUTIVE OFFICER LEVEL IS DETERMINED ANNUALLY BY THE PRESIDENT IN CONSULTATION WITH THE CHIEF PEOPLE OFFICER, AND REVIEWED WITH THE PERSONNEL AND COMPENSATION COMMITTEE OF THE BOARD. 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 WAS LAST PERFORMED IN FALL 2018. THE 990 TAX RETURNS OF SUCH ORGANIZATIONS ARE ALSO CONSIDERED. NEITHER THE PRESIDENT NOR THE CHIEF PEOPLE OFFICER IS INVOLVED IN THEIR OWN COMPENSATION DETERMINATION PROCESS. COMPENSATION FOR THE PRESIDENT IS SET PURSUANT TO WRITTEN MULTI-YEAR AGREEMENTS. NEW COMPENSATION LEVELS AND OTHER TERMS ARE DETERMINED IN CONJUNCTION WITH THE DECISION TO EXTEND OR RENEW HIS OR HER EMPLOYMENT AGREEMENT. IN CONJUNCTION WITH SUCH DECISIONS, THE ORGANIZATION, THROUGH ITS CHAIR OF THE BOARD, FROM TIME TO TIME, ENGAGES AN INDEPENDENT COMPENSATION CONSULTANT TO PROVIDE COMPARABILITY DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THIS WAS LAST PERFORMED IN January 2019. THE 990 TAX RETURNS OF SUCH ORGANIZATIONS ARE ALSO CONSIDERED. INDEPENDENT MEMBERS OF THE BOARD SIT AS A PERSONNEL AND EXECUTIVE COMPENSATION COMMITTEE (THE "AUTHORIZED BODY") AT SUCH INTERVALS AND ITS DELIBERATIONS, DECISIONS AND APPROVAL REGARDING COMPENSATION ARE RECORDED IN CONFIDENTIAL MINUTES, INCLUDING DISCUSSIONS HELD IN EXECUTIVE SESSION. ALL PARTICIPATING MEMBERS OF THE PERSONNEL AND COMPENSATION COMMITTEE ARE INDEPENDENT UNDER THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. LINCOLN CENTER COMPLIES WITH THE "REBUTTABLE PRESUMPTION" PROCEDURES FOR DETERMINING THAT COMPENSATION IS REASONABLE UNDER INTERNAL REVENUE CODE SECTION 4958. DOCUMENT AVAILABILITY FORM 990, PART VI, SECTION C, LINE 19 LINCOLN CENTER MAKES ITS ANNUAL FINANCIAL STATEMENTS AND FORM 990 AVAILABLE VIA THE ORGANIZATION'S WEBSITE. OTHER GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. OFFICER COMPENSATION FORM 990, PART VII, SECTION A FORM 990, PART VII AND SCHEDULE J REPORT 2018 CALENDAR YEAR COMPENSATION. PRESIDENT & CEO HENRY TIMMS BEGAN SERVING AS AN OFFICER OF LINCOLN CENTER IN MAY 2019; THEREFORE, PART VII AND SCHEDULE J REPORT NO COMPENSATION FOR PRESIDENT TIMMS. 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. NET ASSET CLASSIFICATION FORM 990, PART X, LINES 27-29 THE FASB ISSUED ACCOUNTING STANDARDS UPDATE (ASU) 2016-14 NOT-FOR-PROFIT ENTITIES (TOPIC 958), PRESENTATION OF FINANCIAL STATEMENTS OF NOT-FOR PROFIT ENTITIES, WHICH AMONG OTHER THINGS, CHANGES HOW NOT-FOR-PROFIT ENTITIES REPORT NET ASSET CLASSES. THE SIGNIFICANT REQUIREMENTS OF ASU 2016-14 INCLUDE REDUCTION IN THE NUMBER OF NET ASSET CLASSES FROM THREE TO TWO: WITH DONOR RESTRICTIONS (FORMERLY REPORTED AS TEMPORARILY RESTRICTED NET ASSETS AND PERMANENTLY RESTRICTED NET ASSETS) AND WITHOUT DONOR RESTRICTIONS (FORMERLY REPORTED AS UNRESTRICTED NET ASSETS). THE 2018 FORM 990, PART X WAS NOT UPDATED TO REFLECT THE CHANGE IN NET ASSET CLASS TERMINOLOGY; THEREFORE, LINCOLN CENTER HAS REPORTED NET ASSETS WITHOUT DONOR RESTRICTION AS UNRESTRICTED NET ASSETS AND NET ASSETS WITH DONOR RESTRICTIONS AS TEMPORARILY RESTRICTED NET ASSETS AND PERMANENTLY RESTRICTED NET ASSETS, RESPECTIVELY. OTHER CHANGE IN NET ASSETS FORM 990, PART XI, LINE 9 PROVISION FOR BAD DEBT - $705,205 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 false false false false false LINCOLN CENTER DEVELOPMENT PROJECT INC B 1370620 FMV