2019-05-15T10:04:36-05:00 2018-06-30 BKD LLP 655 Third Avenue 1200 New York NY 10017 990 2017-07-01 131624098 MUSEUM OF THE CITY OF NEW YORK % OSMAN KURTULUS MUSE 2125341672 1220 FIFTH AVENUE NEW YORK NY 10029 OSMAN KURTULUS CFO 2125341672 2018-11-15 true Aaron Shapiro P01333816 2128674000 167.68.126.162 26511920191355000018 2019-05-15 P 65FDE5AD30DBA6FBF0510429EEF2E588DF001E4E 89205EC730D9E2CDB33E7921E4EB252967AD29DB 2017 2019-02-21 02:37:17Z OSMAN KURTULUS 1220 FIFTH AVENUE NEW YORK NY 10029 14207119 false X WWW.MCNY.ORG X 1923 NY TO CELEBRATE AND INTERPRET THE CITY, EDUCATING THE PUBLIC ABOUT ITS DISTINCTIVE CHARACTER, ESPECIALLY ITS HERITAGE OF DIVERSITY, OPPORTUNITY, AND TRANSformation. 43 42 225 108 0 42502 19068949 7986153 2118281 2374507 1034882 1057552 -164723 641173 22057389 12059385 0 0 0 0 9967113 10162955 68567 51506 2090574 11954587 5376080 21990267 15590541 67122 -3531156 60138300 57887266 1247915 1395912 58890385 56491354 X THE MUSEUM OF THE CITY OF NEW YORK FOSTERS the UNDERSTANDING OF DISTINCTIVE NATURE OF URBAN LIFE IN THE WORLD'S MOST INFLUENTIAL METROPOLIS. IT ENGAGES VISITORS BY CELEBRATING, DOCUMENTING, AND INTERPRETING THE CITY'S PAST, PRESENT, AND FUTURE. false false 7203001 1584268 EXHIBITIONS AND PUBLICATIONS: During FY2018, the City Museum saw vigorous activity in collections management, and received generous support to accomplish projects with long-term impact for our audiences. Collection assessments are ongoing in several departments, including costumes and textiles, manuscripts and ephemera, paintings, and theater materials. We are continuing to inventory and catalog objects from all collections, including sculpture, furniture and decorative arts, photography, and toys, in addition to the departments previously mentioned with active assessments underway - ensuring that every object had an accurate record in the Museum database. With an estimated three-quarter million collection objects in total - from dance cards and menus to a police wagon and model of the Empire State Building - the Museum now has records for over half a million, and during this period 19,428 objects were catalogued. As part of this ongoing work, we digitized 2,593 objects with a supporting 21,826 digital images. Over 4,250 new catalog records are available with 23,020 images expanding public and scholarly access to our holdings. The Museum continued to make progress to catalog and digitize the scripts, scores, and published sheet music in the George M. Cohan collection on completed a project funded by an $129,467 grant from the National Endowment for the Humanities, as well as embarked on new project to process, catalog, and digitize the Edward Floyd De Lancey family papers, with $50,000 support from the Robert David Lion Gardiner Foundation. Projects completed in FY2018 included the digitization and cataloging of over 1000 items related to the career of early 20th century entertainer Sophie Tucker with support from the Atran Foundation; and the conservation of two sculptures by Alexander Adolph Weinman (1870-1952) installed in faade niches of the Museums historic building in 1941, supported by a $100,000 grant from American Express Philanthropy. The Collections Department was fortunate to receive notification of two new grants from the National Endowment for the Humanities (NEH) in 2018, including over $145,000 to support conservation, rehousing, cataloging, and digitization of approximately 700 Theatrical Broadsides, and nearly $97,000 to support the processing of the New York stories in the LOOK magazine photograph. We continued our online access by sharing 27 collections specific features to the "Stories" page of the Museum's main website to improve visibility, attracting 100,218 visits during the period. In addition, we continue to share new collections information via the "catablog" - online finding aids for research and scholarly access to previously inaccessible archival collections, which drew 7,273 visits. Over the past year, the Museum continued a major, multi-year initiative to catalog and digitize our rich collections and make them accessible on a user-friendly Collections Portal at collections.mcny.org where they may be studied and enjoyed by anyone, anywhere in the world with an Internet connection. Since the Portal launched in 2010, nearly 1.2 million unique visitors from every country in the world had visited the site by end of FY2018. The number of objects accessible online has grown significantly to over 205,000 tracking over 1.8 million page views during the period, alone. Continuing on previous years' implementation of a collecting plan for photography; the theater collection; and interim collecting guidelines for books, manuscripts, and ephemera; collecting criteria was adopted by the Collections Committee for costumes. As a natural outcome of our collections assessment, such plans establish criteria appropriate to our mandate, and provide a framework for considering new acquisitions in relation to objects already accessioned. During this period, the Museum acquired 1,928 objects for the collection, including: a 1667 land grant and 1800 map of property owner by Peter Stuyvesant, seventy-five photographs by Todd Webb of New York City scenes, four photographs by Benedict Fernandez of Dr. Martin Luther King, Jr., eleven photographs by Aaron Siskind from "Harlem Document," six hats worn by former curator Grace Mayer, one trouser ensemble by Betsey Johnson for Paraphernalia, one painting Mulberry and Prince Streets, by Frederick Brosen, and 165 drawings of theatrical subjects by Irma Selz. The Collections Department has also significantly increased outgoing loan activity to other institutions in the past few years. During FY2018, 183 objects were loaned to 23 different institutions, including a significant body of work by photographer Jacob Riis to Foam (Fotographie Amsterdam), in the Netherlands and a deck chair from the Titanic to the Victoria and Albert Museum in London. Additionally, the exhibition City as Canvas: Graffitti Art from the Martin Wong Collection traveled to Newfields (formerly known as the Indianapolis Museum of Art), Muslim in New York was presented by the JCC Manhattan, and The Original Mad Men: Illustrations by Mac Conner traveled to the Delaware Art Museum in Wilmington. 2919642 329177 COLLECTIONS CARE: In FY2018, the Center welcomed a record-breaking 54,175 students, teachers, and family members for field trips, out-of-school-time programs, professional development, and family programs - representing an increase of 19% over the previous year. Field trips make up the bulk of the Schwarz Centers attendance, linking historical and contemporary topics pertaining to New York City to the New York City Department of Education Scope and Sequence for Social Studies and Common Core Learning Standards for English Language Arts in History. The two formats currently utilized to deliver these programs are: Gallery Programs, which provide 60-minute interactive tours of the Museums exhibitions, including special exhibitions and the Museums long-term exhibitions Activist New York and New York at Its Core; and 75-minute History Labs, which meet in the classrooms to offer a content-rich experience utilizing the Museums collections while focusing on core themes in New York City history. Hands-on and inquiry-based, programs led by full-time and per diem Museum Educators encourage children to reflect on what they have learned about the citys past, present, and future and to connect this new knowledge to classroom learning. During the summer months, the Center offers field trip programs for groups from summer camps, homeless shelters, and community centers throughout the tri-state area. In 2017-18, the Schwarz Center served 1,403 groups comprised of 37,685 students and adult chaperones through field trips. Approximately 64% of field trip groups came from New York Citys largely underserved public schools, and about 5% of participants visited from New York Citys charter schools. Students roughly match the demographics of the public school system: 41% Hispanic, 27% African-American, 16% Asian, and 15% white, with nearly 77% qualifying for free or reduced-price lunch - a common measure of poverty at the school level. With the support of a number of foundations and generous individuals, the Schwarz Center was able to offer 494 fee waivers to public and charter school groups coming from East Harlem and the Bronx - amounting to 35% of all field trip attendance for the 2017-18 school year, and attributing to the 24% increase in school group attendance. The Summer Internship Program in Museum Education continued to introduce disconnected and disadvantaged young adults to the study and practice of museum education through valuable professional experience working in a museum. This years cohort was comprised of eight young adults ages 18 - 23 who were at a turning point in their lives - either lacking previous direction in school or job training or unable to afford post-secondary education. After a three-month orientation and training period, interns teach the Museums Summer Programs in July and August, and are will be responsible for assisting with weekday Family and Community Engagement Programs onsite and offsite and a four-week-long literacy program, Catching Up and Getting Ahead. In partnership with the Gilder Lehrman Institute of American History, the Center also offers Saturday Academy, a free SAT prep and American history course for approximately 350 students grades 8-12, that serves all five boroughs with priority seating for students from East Harlem. In its eleventh year, the programs American history electives support college readiness. Inspired by the Museums unique exhibitions, the following electives for the spring 2018 session were offered: Women and American Politics: Beyond the Vote, Caring for New York: Healthcare & Activism in the 20th Century, Art in the Open: The History of Public Art in American Cities, and East Harlem in Context: Place, Memory, and Community History. Free SAT materials helped students achieve higher scores on their exams. 65% percent of the students who took the SAT practice test at the end of Saturday Academy (and had scores for comparison) improved their scores. 21% percent of the students who improved their scores increased by over 100 points, and one student improved by 170 points. In March 2018, the Museum hosted the 28th annual New York City History Day, a multi-month research program and regional component of National History Day for middle and high school students citywide that culminates in a final projects. Focused on the theme of "Conflict and Compromise in History," the event drew nearly 1,100 attendees including 463 registered students who came from 32 different schools across all five boroughs. Students presented their projects and shared their knowledge and love of learning history throughout the day, presenting a broad range of topics from the Convention of 1787 to the "Radium Girls." New York City History Day welcomed over 100 volunteer judges - a record high for the Museum. Since 2014, the Center has collaborated with the New York City Department of Education on STEM (Science, Technology, Engineering, and Math) Camps for citywide elementary school students, and Teen Thursdays, a New York City Department of Education afterschool initiative to pair cultural institutions with middle schools across the five boroughs. Both programs include two programmatic iterations: photography and sustainable fashion. For the photography program, students learn the art and skill of photography through studies of Central Park, the High Line, and the East Harlem community. They develop their visual literacy through close looking at the Museums vast array of photographs and explore the scientific developments of photography. For the fashion program, students design and create an original garment that pays homage to a work in our collection. They discover the changes in American fashion in the first half of the 20th century, including production and manufacturing practices. In FY18, the Museum served 5,866 participants through Family and Community Engagement Programs, including 452 participants joining us from the citys shelters through a partnership with the Department of Homeless Services. The Center offered 92 days of programming in FY18, with only 21 of those serving 50 or less people. Having fewer events with a higher impact allows us to focus our marketing efforts and staff resources in a more sustainable way. Programs include the six-week NYC Tots series, is an early childhood program for adults and children ages 2 to 4 years featuring song, play, gallery visits, hands-on object exploration, and art-making; My City Lab, an explorative space for families with children ages 6 to 12 to discover NYC history and imagine its future such as Museum in the Park: Create an Activist Badge, Snow Globe Making, and Public Art in the City: Mural Making; Cultural Heritage Celebrations, which explore historical and contemporary topics relating to the diverse cultures of New York City such as the annual Native American Heritage Celebration, Herstory Day, Black Gotham Experience, and the LGBTQ Teen Summit. The Center served more than 3,600 teachers and administrators in FY18 through professional development opportunities such as specially designed lectures, workshops, week-long courses, and collaborations with the New York City Department of Education - a 77% increase over last year. Teachers participated in thoughtful tours and workshops throughout the academic year, including special keynotes by Harlem-based fashion designer EPPERSON (of Project Runway fame); Yemi Amu, an aquaponics farmer, educator, and entrepreneur from Brooklyn; and Jennifer Tosch, who flew in from the Netherlands to speak about her Mapping Black History project. The Museum was also approved as a host site for P-Credit courses that support teachers working towards a salary differential. Courses introduce educators from across the city to the Museum through accessible content such as New York at Its Core: Examining Our Citys Past, Present, and Future; Rhythm & Power: Dance, Immigration, and Community Action; and Capturing the City Through the Camera: Documenting New York's History. The Center also hosted its sixth annual Teaching Social Activism Conference inspired by the Museums ongoing exhibition, Activist New York in May 2018, with 350 educators, students, professors, community organizers, and activists in attendance (out of 1,385 registrations) - its highest attendance yet. Poet and Activist Elizabeth Acevedos rousing opening remarks set the stage for 28 presentations, nine gallery tours and teach-ins, and countless opportunities for networking, socializing, and engaging, which were vetted by a panel of Museum staff and teachers. Children and adults from all over the country were immersed in the years theme, "Intersections,received a copy of the newly released Activist New York book. OUR NYC TOTS PROGRAMMING HAS BEEN GROWING. NEW YORK CITY TOTS OFFERS ENRICHING, EARLY CHILDHOOD PROGRAMMING FOR TODDLERS AND ADULTS. SESSIONS FOCUS ON EXPLORATION AND DISCOVERY OF THE CITY THROUGH SONG, PLAY, GALLERY VISITS, AND HANDS-ON EXPERIENCES. THIS PROG 1649917 618086 EDUCATIONAL PROGRAMS: Exhibitions that closed Fiscal Year 2018: Muslim in New York (February 18 - August 14, 2017) Muslims have been woven into the fabric of New York since the citys origins as New Amsterdam, and today New Yorks diverse Muslim community - immigrant and American-born, from multiple racial, ethnic, and cultural backgrounds - constitutes an estimated 3% of the citys population, some 270,000 people living in all five boroughs. Muslim in New York featured 34 images by four photographers - Alexander Alland, Ed Grazda, Mel Rosenthal, and Robert Gerhardt - who have documented Muslim New Yorkers from the mid-20th to the early 21st century. Together these photographs paint a group portrait of New Yorkers who have greatly enriched the life of the city. Posters & Patriotism: Selling World War I in New York (April 5 - October 9, 2017) When the United States entered World War I in April 1917, New York City's artists and illustrators were enlisted in the war effort. Many of them worked for the federal governments new Division of Pictorial Publicity. Posters and Patriotism examined the outpouring of posters, flyers, magazine art, sheet music covers, and other mass-produced images created by these New Yorkers to stir the American public to wartime loyalty, duty, and sacrifice. A City Seen: Todd Webbs Postwar New York, 1945- 1960 (April 20 - September 4, 2017) A City Seen examined New York through the eyes - and lens - of photographer Todd Webb. Featuring more than 100 images, accompanied by entries from Webb's own journal, the exhibition highlighted Todd Webb's personal exploration of the city that enthralled him while providing an expansive document of New York in the years following World War II. Also featured were portraits by Webb of members of his intimate circle of friends, including Alfred Stieglitz, Harry Callahan, Berenice Abbott, Helen Levitt, and Lisette Model. This was the first major museum exhibition of Webbs work since the Museum of the City of New York first exhibited his early images in 1946. AIDS at Home: Art and Everyday Activism (May 23 - October 22, 2017) AIDS at Home examined how artists and activists have expanded the idea of caretaking and family and navigated the political stakes of domestic life in the face of the HIV/AIDS crisis, from the early 1980s to the present. The exhibition placed paintings, photography, and film alongside archival objects from activist groups and support programs to uncover the private stories of HIV and AIDS and reconsider caretaking, community building, and making art as acts of resistance. Rhythm & Power: Salsa in New York (June 14 - November 26, 2017) The story of New York salsa - an up-tempo performance of percussive Latin music and Afro-Caribbean-infused dance - is one of cultural fusion, artistry, and skilled marketing. Rhythm & Power illuminated salsa as a social movement from the 1960s to the present, exploring how immigrant and migrant communities in New York City - most notably from Cuba and Puerto Rico - nurtured and developed salsa, growing it from a local movement playing out in the citys streets and clubs into a global phenomenon. The exhibition also looked at the role of record companies and stores in supporting and promoting the movement, and salsas often-overlooked ties to activism in the city. New York Silver, Then and Now (June 28, 2017-July 1, 2018) New York Silver, Then and Now linked the rich history of silversmithing in New York City to present-day artistic practice. It featured newly commissioned works by leading metalworkers, created in response to historical objects from the Museums collection. The exhibition opened a dialogue between past and present, pairing historic pieces with remarkable new work by contemporary artists. Internationally recognized artists from the New York area who were invited to participate included designers Dror Benshetrit and Ted Muehling; architect/interior designers William Georgis and Sheila Bridges; artists Michele Oka Doner, Kiki Smith, and Chitra Ganesh; metalsmiths Myra Mimlitsch-Gray and Wendy Yothers, and many others. Exhibtitions that opened Fiscal YEar 2018: To Quench the Thirst of New Yorkers: The Croton Aqueduct at 175 (September 2, 2017-December 31, 2017) To Quench the Thirst of New Yorkers: The Croton Aqueduct at 175 traced the history of this remarkable water system. The exhibition showcased the letters and drawings of Fayette B. Tower, a young engineer who worked on the aqueduct, and featured newly commissioned photographs by Nathan Kensinger, tracing the aqueducts route and revisiting sights that Tower had sketched nearly two centuries before. Beyond Suffrage: A Century of New York Women in Politics (October 11, 2017 - August 5, 2018) Beyond Suffrage: A Century of New York Women in Politics traced womens political activism in New York City from the struggle to win the vote, through the 20th century, and into our own times. Beginning with the long battle for womens voting rights that culminated in 1917 statewide and 1920 nationally, the exhibition highlighted women at the center of New Yorks politics over the course of 100 years. It featured a diverse range of activists both familiar and lesser known, the battles they fought, and the many issues they championed. Art in the Open: Fifty Years of Public Art in New York (November 10, 2017 - September 23, 2018) Presented to mark the 40th anniversary of the pioneering Public Art Fund, Art in the Open highlighted works that have transformed both the public spaces of the city as well as public expectation of the role and potential of art that exists outside of the traditional confines of museums and galleries. The exhibition featured renderings, models, photographs, and video footage tracing the creation of public artworks by such artists as Red Grooms, Christo and Jeanne-Claude, and Kara Walker. Mod New York: Fashion Takes a Trip (November 22, 2017 - April 1, 2018) Mod New York: Fashion Takes a Trip explored the full arc of 1960s fashion, shedding new light on a period marked by tremendous and daring stylistic diversity. Featuring more than 70 garments drawn primarily from the Museums Costume Collection, the exhibition traced the dramatic transformation in clothing between 1960 and 1973, not only in length and silhouette, but also in materials and methods of textile manufacture. Works by designers as diverse as Mary Quant, Geoffrey Beene, and Pauline Trigre illuminated the communicative powers of fashion in the '60s - reflecting cultural trends from Beatlemania to Pop and Op Art to infatuation with the "space race,social changes like the womens liberation movement and the radicalism of the counterculture and antiwar movements. Also on display were fine and costume jewelry, shoes, handbags, design renderings, and photographs that captured the spirit of a creative and confrontational era. New York on Ice: Skating in the City (December 20, 2017 - April 15, 2018) New York on Ice: Skating in the City invited visitors to explore how ice skating evolved in the city from its colonial Dutch and British origins to become a 19th-century craze, and later an opportunity for elaborate spectacle, commercialized leisure, and competitive sport in the 20th century and beyond. Along the way, skating has left its mark on New Yorks urban landscape, from the design of Central Park, to intimate hotel rinks and extravagant arenas, to a plethora of skating facilities that today define and transform parks and other public spaces across the city. King in New York (January 13 - June 24, 2018) Marking the 50th anniversary of the death of Martin Luther King Jr., King in New York traced the civil rights leaders encounters with New York from the 1950s until his assassination in 1968. The exhibitions historic images chronicle Kings sermons in churches and speeches to the United Nations, his discussions about race relations with New York Citys mayor, and his relationships with New Yorks own networks of activists. Together, they revealed a lesser-known side of Kings work and demonstrated the importance of New York City in the national civil rights movement. Through a Different Lens: Stanley Kubrick Photographs (May 3, 2018 - January 6, 2019) Stanley Kubrick was just 17 when he sold his first photograph to the pictorial magazine Look in 1945. In his photographs, many unpublished, Kubrick trained the camera on his native city, drawing inspiration from the nightclubs, street scenes, and sporting events that made up his first assignments, and capturing the pathos of ordinary life with a sophistication that belied his young age. Through a Different Lens: Stanley Kubrick Photographs featured more than 120 photographs by Kubrick from the Museums Look Magazine archive, an unparalleled collection that includes 129 photography assignments and more than 12,000 negatives from his five years as a staff photographer. For any fan of Kubrick's films, the exhibition explored a formative phase in the career of o 65471 171061 11838031 true true false false false false false true false true true true false false true false true false false false true false false true true false false false false true false false false false false false false false true true false false false false false false false true 337 0 225 true true true false CJ false false false true true false false false false X 43 42 true false false false false false false true true false false true true true true true true false false false NY X OSMAN KURTULUS 2125341672 1220 FIFTH AVENUE NEW YORK NY 10029 James G Dinan Chair 1.0 0.0 X X 0 0 0 Newton PS Merrill Vice Chair & Chairma 1.0 0.0 X X 0 0 0 Ronay Menschel vice chair 1.0 0.0 X X 0 0 0 Bruno A Quinson vice chair 1.0 0.0 X X 0 0 0 Jane B OConnell treasurer 1.0 0.0 X X 0 0 0 Tracey Pontarelli secretary 1.0 0.0 X X 0 0 0 David Guin counsel 1.0 0.0 X X 0 0 0 Elizabeth Belfer Board member 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PART III, LINE 1A THE MUSEUM'S COLLECTION, WHICH WAS ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE ITS INCEPTION, IS NOT RECOGNIZED AS AN ASSET ON THE ACCOMPANYING BALANCE SHEET COLLECTION. iTEMS ARE EXPENSED WHEN ACQUIRED. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED IN THE ACCOMPANYI FINANCIAL STATEMENTS. DETAILED INVENTORY RECORDS, HOWEVER, ARE MAINTAINED FOR COLLECTIONS. THE VALUE OF THE COLLECTION IS NOT READILY DETERMINABLE AND THE MUSEUM DOES NOT INSURE THE COLLECTION FOR THE COST OF ITS REPLACEMENT. PART III, LINE 4 THE MUSEUM HAS VARIOUS COLLECTIONS WHICH IT USES FOR ITS DIFFERENT EXHIBITIONS AND PROGRAMS THROUGHOUT THE YEAR. 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FORM 990, PART VI, SECTION A, LINE 2 MR QUINSON AND MS GOODMAN HAVE A FAMILY RELATIONSHIP. MR DINAN AND MR VRATTOS HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS EMAILED TO THE AUDIT AND FINANCE COMMITTEES FOR REVIEW AND APPROVAL. ANY QUESTIONS THAT AROSE WERE ADDRESSED BY MANAGEMENT PRIOR TO APPROVAL. ONCE APPROVED BY THE AUDIT AND FINANCE COMMITTEES, THE 990 WAS EMAILED TO THE REMAINDER OF THE BOARD FOR REVIEW PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C EACH MEMBER, TRUSTEE, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A CONFLICT OF INTEREST FORM. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE TRUSTEES AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE CHAIRMAN OR THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER MCNY CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED TRUSTEES WHETHER THE TRANSACTION OR ARRANGEMENT IS IN MCNY'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE IN CONFORMITY WITH THE ABOVE DETERMINATION. IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. ANY DECISION BY A COMMITTEE SHALL BE SUBJECT TO REVIEW AND DETERMINATION BY THE GOVERNING BOARD SHOULD IT ELECT TO DO SO. FORM 990, PART VI, SECTION C, LINE 19 THE MUSEUM OF THE CITY OF NEW YORK MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. FORM 990, PART XII LINE 2C THE PROCESS HAS NOT CHANGED