2019-05-14T09:41:58-05:00 2018-06-30 113518842 MARKS PANETH LLP 685 THIRD AVENUE NEW YORK NY 10017 990 2017-07-01 237412428 INTERNATIONAL CENTER OF PHOTOGRAPHY INTE 2128570000 1114 AVENUE OF THE AMERICAS NEW YORK NY 100367703 CPA EXECUTIVE DIRECTOR 2128570000 2019-05-13 1 ROBERT R LYONS CPA P00227472 2125038800 69.74.165.34 2019-05-13 16:07:06 ED P CE55B992A4E7BB938BB83E29A744DC585541D033 C9F00FD95E436BC684235A774996A9E8B56183B1 2017 2019-02-21 02:37:17Z MARK LUBELL 1114 AVENUE OF THE AMERICAS NEW YORK NY 100367703 30028533 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. 26 26 508 323 0 18028 3227733 12534849 6856435 6714253 355539 710971 482771 536582 10922478 20496655 468764 937730 0 0 8063940 7555300 0 78533 1712466 8743525 8605719 17276229 17177282 -6353751 3319373 49566161 51011521 21645386 19279723 27920775 31731798 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 9095509 937730 5863965 EDUCATION - ICP'S LECTURES, SEMINARS, AND WORKSHOPS COVER ALL ASPECTS OF PHOTOGRAPHY. ADULT EDUCATION COURSES TOTALING 286 IN FY 2018 WERE ATTENDED BY 3,250 STUDENTS. IN ADDITION TO THESE CONTINUING EDUCATION COURSES, ICP OFFERED 4 FULL-TIME PROGRAMS ATTENDED BY 97 STUDENTS: 3 SINGLE-YEAR CERTIFICATE PROGRAMS AND A 2-YEAR MASTER OF FINE ARTS PROGRAM IN COLLABORATION WITH BARD COLLEGE. 46 PUBLIC LECTURES WERE OFFERED AT ICP AND 6 EXHIBITIONS OF STUDENT, FACULTY, AND ALUMNI PHOTOGRAPHS WERE PRESENTED IN THE EDUCATION GALLERY. THE ICP LIBRARY, WHICH SERVES STUDENTS, FACULTY, STAFF, SCHOLARS, AND THE GENERAL PUBLIC, SERVING OVER 9,000 PATRONS ON-SITE AND RESPONDING TO OVER 6,822 TELEPHONE OR EMAIL RESEARCH REQUESTS. 2741112 850288 EXHIBITIONS - ICP'S IN-HOUSE AND TRAVELING EXHIBITIONS REFLECT THE HISTORY OF PHOTOGRAPHIC STYLES AND APPLICATIONS. IN FY 2018, ICP PRESENTED 10 TEMPORARY EXHIBITIONS, AND 4 TRAVELING EXHIBITIONS AT VENUES AROUND THE WORLD. MUSEUM ATTENDANCE WAS 53,935. 622981 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. IN FY 2018, ICP ACQUIRED 1,126 NEW WORKS FOR THE COLLECTIONS, AND OVER 328 RESEARCHERS CONSULTED WORKS IN THE ICP PRINT STUDY ROOM. 12459602 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 77 0 1 508 1 1 1 0 0 0 0 1 1 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X VICTOR F QUINONES 2128570023 1114 AVENUE OF THE AMERICAS NEW YORK NY 10036 ADAM FUSS TRUSTEE 2.00 X 0 0 0 ALMUNDENA LEGORETTA VICE PRESIDENT 4.00 X X 0 0 0 ANDY LEWIN TRUSTEE (OUTGOING) 2.00 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 DOUGLAS HANSEN TRUSTEE (OUTGOING) 2.00 X 0 0 0 ELLEN KELLSON TRUSTEE (OUTGOING) 2.00 X 0 0 0 FABIAN ONETTI TRUSTEE 2.00 X 0 0 0 FRANK FILIPPO TRUSTEE 2.00 X 0 0 0 FREDERICK SIEVERT TRUSTEE (OUTGOING) 2.00 X 0 0 0 GWENDOLYN ADANIS NORTON TRUSTEE 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 JANICE STANTON TRUSTEE (OUTGOING) 2.00 X 0 0 0 JEFFREY A ROSEN PRESIDENT 4.00 X X 0 0 0 JON D SMITH JR TRUSTEE 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 PETER GUGGENHEIMER TRUSTEE 2.00 X 0 0 0 RAYMOND MCGUIRE TRUSTEE (OUTGOING) 2.00 X 0 0 0 RENEE W HARBERS LIDDELL EXECUTIVE VICE PRESIDENT 4.00 X X 0 0 0 SAMUEL L MILBANK TREASURER 4.00 X X 0 0 0 SCOTT MEAD TRUSTEE (OUTGOING) 2.00 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 T J GOTTESDIENER TRUSTEE (OUTGOING) 2.00 X 0 0 0 TOM DOCTOROFF TRUSTEE 2.00 X 0 0 0 JULIE DAVIDSON CHIEF DEVELOPMENT OFFICER 40.00 X 69402 0 10911 LAURIE MCLEOD CHIEF OPERATING & FINANCIA 40.00 X 173113 0 5819 MARK LUBELL EXECUTIVE DIRECTOR 40.00 X 366560 0 42519 PER ERIK GYLFE DIRECTOR FOR EDUCATION 40.00 X 131710 0 9075 PHILLIP BLOCK DEP. DIR. FOR PROGRAMMING 40.00 X 171926 0 20287 TAMA O'BRIEN MANAGING DIRECTOR 40.00 X 111362 0 6684 VICTOR F QUINONES CONTROLLER 40.00 X 112957 0 9891 JEFFREY LEE KONGSLIE DIRECTOR OF INDIVIDUAL GIVING 40.00 X 138345 0 324 1275375 0 105510 9 0 1 0 GENSLER 11 E MADISON ST 300 CHICAGO IL 60602 DESIGNER 679705 CCS CONSULTING 527 MADISON AVE NEW YORK NY 10022 CONSULTING 340000 SPRING STUDIOS 6 SAINT JOHNS LANE NEW YORK NY 10013 EVENT SITE 277090 DLH PIPER LLP PO BOX 75190 BALTIMORE MD 10020 LEGAL FEES 210000 B & H PHOTO 420 9TH AVENUE NEW YORK NY 10001 PHOTO EQUIPMENT 191876 5 261251 760963 160500 11352135 1433580 12534849 TUITION AND EDUCATION FEES 611600 5863965 5863965 EXHIBITIONS AND OTHER 900099 850288 850288 6714253 303505 303505 383282 383282 153300 0 153300 153300 153300 9326555 8919089 407466 407466 407466 612789 760963 612789 0 20496655 6714253 0 1247553 937730 937730 716847 716847 5397678 3536914 1052673 808091 161829 132753 4656 24420 674497 453528 137540 83429 604449 391193 141295 71961 40106 40106 55355 55355 78533 78533 94086 94086 922589 516022 113618 292949 113617 102484 4559 6574 1054593 919101 40063 95429 272114 51656 197200 23258 2130426 1886792 181321 62313 221030 160545 41298 19187 449068 449068 1012483 869466 143017 171777 171777 TEACHER & LECTURE FEES 1342188 1342188 MISCELLANEOUS 363069 219937 1733 141399 EQUIPMENT RENTAL 194716 179687 11140 3889 DUES AND SUBSCRIPTIONS 120629 90888 28707 1034 47873 47873 17177282 12459602 3005214 1712466 4306069 4687067 240560 1616793 1713709 95257 175341 21610 44169 283113 485798 41030756 8109796 28701187 32920960 10795824 9057298 3021628 1963935 343682 103682 49566161 51011521 976177 1766468 6971761 4228268 13697448 13284987 21645386 19279723 X 13676904 17760586 3576612 6636453 10667259 7334759 27920775 31731798 49566161 51011521 X 3319373 619420 -127770 X X 0 1 X 1 0 X 4535419 18387687 5384420 3227733 12678897 44214156 4535419 18387687 5384420 3227733 12678897 44214156 14220247 29993909 464078 359801 483390 283068 456805 2047142 566120 521927 474878 207490 1770415 48031713 37737518 0.62450 0.54410 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING INCOME - 2014 AMOUNT: $ 566,120. 2015 AMOUNT: $ 521,927. 2016 AMOUNT: $ 474,878. 2017 AMOUNT: $ 207,490. X X X X 0 13225713 40000 1025669 4012275 10279107 12955489 40000 1139300 909074 13225713 13634773 233686 -260963 652009 12955487 13280631 432500 546044 624402 13634773 11950954 1915204 585527 13280631 0.71400 0.28600 0 0 2348932 2348932 25470336 1284563 24185773 5649838 5621076 28762 407235 38570 368665 7154415 1165587 5988828 32920960 X 20084259 619420 619420 19464839 94086 937730 1031816 20496655 16273236 127770 127770 16145466 94086 937730 1031816 17177282 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, 2018 AND 2017, 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 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 937,730. PART XII, LINE 2D - OTHER ADJUSTMENTS: NON-TAXABLE TRANSPORTATION BENEFITS 19,028. BAD DEBT 108,742. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 937,730. EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM PROGRAM SERVICES COLLECTIONS 170839 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM PROGRAM SERVICES TRAVELING EXHIBITIONS 112942 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, INVESTMENTS 1963935 0 0 0 0 0 0 2247716 0 2247716 0 0 0 0 0 0 X X 0 STAMP EVENT MANAGEMENT LLC 130 W 29TH STREET NEW YORK NY 10001 EVENT FUNDRAISING 0 0 78533 0 78533 AL AK AZ AR CA CO CT DE 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 SD TN TX UT VT VA WA WV WI WY INFINITY AWARDS 1100930 711089 389841 275821 112731 70886 ICP SPOTLIGHTS 272822 49874 222948 6275 53188 13749 80139 1373752 760963 612789 6275 329009 126480 151025 612789 0 1 HILLMAN FOUNDATION & DOCUMARY ARTS FELLOWSHIPS 7 45000 CASH TEEN STUDENT TUITION SCHOARSHIPS 205 116160 TUITION REDUCTION FULL-TIME FINANCIAL SCHOLARSHIPS 12 122502 CASH FULL-TIME FINANCIAL NEEDS 52 643384 TUITION REDUCTION 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 2018, 12 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. 755 STUDENTS WERE ENROLLED AND 368 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. 450 STUDENTS WORKED AS TEACHER ASSISTANTS DURING 2018. X X X 0 0 0 0 0 0 0 0 0 LAURIE MCLEOD CHIEF OPERATING & FINANCIA 172503 0 0 0 610 0 1542 0 4277 0 178932 0 0 0 MARK LUBELL EXECUTIVE DIRECTOR 348002 0 0 0 18558 0 31750 0 10769 0 409079 0 0 0 PHILLIP BLOCK DEP. DIR. FOR PROGRAMMING 169815 0 0 0 2111 0 9062 0 11225 0 192213 0 0 0 FORM 990, SCHEDULE J, PART II THE AMOUNT DISPLAYED IN COLUMN (B) (III) REPRESENTS A CONTRIBUTION TO A 457(B) PLAN. A BUILD NYC RESOURCE CORPORATION 454040561 2015-04-01 15000000 MUSEUM CONSTRUCTION 0 0 0 A 1323200 15000000 15000000 2015 1 0 1 1 A 0 0 0 0 1 0 1 A 0 0 0 0 1 0 0 0 1 A 1 X 1 1126 X 8 1433580 10 0 1 0 PART I, LINE 33: AS PERMITTED BY ASC 958, GIFTS OF ART FOR THE CENTER'S ARCHIVES AND COLLECTIONS ARE EXCLUDED FROM REVENUE. THE NUMBER IN COLUMN (B) REPRESENTS THE NUMBER OF ITEMS CONTRIBUTED. 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 BAORD 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 DIRECTORS'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 DIRECTOR'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 DIRECTOR'S PERSONNEL FILE. THE COMPENSATION FOR THE TOP MANAGEMENT OFFICIALS ARE ALSO BENCHMARKED TO SALARY SURVEYS AND OTHER NEW YORK CITY MUSEUMS AND ARE REVIEWED ANNUALLY BY THE BOARD'S COMPENSATION COMMITTEE. MEMOS AUTHROIZING 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 XI, LINE 9: NON-TAXABLE TRANSPORTATION BENEFITS -19,028. BAD DEBT -108,742. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.