2019-05-15T13:13:48-05:00 2018-06-30 KPMG LLP 345 Park Avenue New York NY 101540102 990 2017-07-01 134172481 LINCOLN CENTER DEVELOPMENT PROJECT INC % ROBERT CUNDALL LINC 2128755000 70 LINCOLN CENTER PLAZA 9TH FL NEW YORK NY 10023 ROBERT CUNDALL CFO 2128755000 2019-05-15 true DEVIN L DUNCAN P01249521 2127589700 2019-05-15 167.68.102.5 13407320191355000029 2019-05-15 P ED6671759B6992258218665A6A908E19C72966FB B09A8F7452AAEB109EF01FBCB66ABFE0CB6B8889 2017 2019-02-21 02:37:17Z ROBERT CUNDALL 70 LINCOLN CENTER PLAZA 9TH F NEW YORK NY 10023 4706850 false X N/A X 2001 NY TO IMPLEMENT AND OVERSEE FOR CHARITABLE PURPOSES THE PLANNED REDEVELOPMENT AND TRANSFORMATION OF THE LINCOLN CENTER CAMPUS. SEE SCHEDULE O FOR CONTINUATION. 3 3 5 3 0 0 545619 2473331 18775203 2233519 0 0 0 0 19320822 4706850 0 0 0 0 1315009 877628 0 0 0 17987177 3799273 19302186 4676901 18636 29949 1435128 736719 1361339 632981 73789 103738 TO IMPLEMENT AND OVERSEE FOR CHARITABLE PURPOSES THE PLANNED REDEVELOPMENT AND TRANSFORMATION OF THE LINCOLN CENTER CAMPUS. SEE SCHEDULE O FOR CONTINUATION. false false 2314524 2233519 ALL ACTIVITIES OF THE CORPORATION FURTHER THE EXEMPT AND CHARITABLE PURPOSE OF THE CORPORATION BY PROVIDING FINANCIAL, PROFESSIONAL, AND OTHER ASSISTANCE IN ERECTING, RECONSTRUCTING, RENOVATING, MODERNIZING, AND RECONFIGURING BUILDINGS OPEN TO THE PUBLIC FOR PUBLIC EXPOSITIONS AND CULTURAL ACTIVITIES. SEE SCHEDULE O. 2314524 true true false false false false false false false false true false false false false true false true false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true X 18 0 true 5 true false false false false false false false false false false X 3 3 false false false false true true true true true false false true true true true true true true false false NY X ROBERT CUNDALL 2128755000 70 LINCOLN CENTER PLAZA 9TH FL NEW YORK NY 10023 X Philip L Milstein Board Chair 2.0 3.0 X 0 0 0 Bart Friedman Director 1.0 1.0 X 0 0 0 Peter L Malkin Director 1.0 0.0 X 0 0 0 Robert Cundall CFO 2.0 35.0 X 0 407772 106580 Lesley Friedman Rosenthal General Counsel and Secretary 2.0 35.0 X 0 551900 268415 Liza Parker Chief Operating Officer 2.0 35.0 X 0 907142 342381 Ronald Austin Exec. Dir., LCDP THRU 01/2018 35.0 0.0 X 416275 0 176283 Terea Hebert COO, LCDP THRU 12/01/17 35.0 0.0 X 304050 0 103437 720325 1866814 997096 2 false true false Heatherwick studio Ltd 356-364 GRAYS INN ROAD LONDON ENGLAND UK WCIX-8BH Architect 2332948 FXFowle Architects LLP 22 W 19TH st NEW YORK NY 10011 ARCHITECT 2245359 Diamond Schmitt Architects Corp PC 384 ADELAIDE STREET WEST STE 300 ONTARIO TORONTO CA MSV IR7 ARCHITECT 1720751 Turner Construction Company 375 HUDSON STREET 6TH FLOOR NEW YORK NY 10014 construction firm 1096404 Development Management Inc 16 Ripplewater Avenue MASSAPEQUA NY 11758 Project Management 900562 14 2473331 2473331 PLANNED REDEVELOPMENT FUNDING 230000 2233519 2233519 2233519 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4706850 2233519 0 0 0 0 612271 612271 0 166876 166876 28525 28525 37229 37229 32727 32727 0 145709 145709 14431 14431 0 0 0 347745 347745 0 162419 162419 0 0 394089 394089 1815 1815 0 0 0 0 0 58530 58530 0 REDEVELOPMENT PROJECT EXP. 2314524 2314524 LCPA ADMIN OVERHEAD 360011 360011 4676901 2314524 2362377 0 100209 168682 0 0 1073627 365275 0 0 0 0 0 0 0 0 0 0 5075 5075 314747 117060 256217 197687 0 0 0 0 0 0 0 0 0 0 1435128 736719 1361339 632981 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1361339 632981 X 73789 103738 0 0 0 0 73789 103738 1435128 736719 29949 X false true X true false X 1246391 3512767 4337213 545619 2473331 12115321 0 0 1246391 3512767 4337213 545619 2473331 12115321 0 12115321 0 0 0 12115321 34108141 1.00000 1.00000 X 58929 14732 44197 255818 102328 153490 197687 0 0 X 4706850 4706850 4706850 4676901 4676901 4676901 UNCERTAIN TAX POSITIONS SCHEDULE D, 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. X X X X false true false false false false false false false Robert Cundall CFO 0 405000 0 0 2772 0 78622 0 27958 0 514352 0 0 Lesley Friedman Rosenthal General Counsel and Secretary 0 451750 0 0 100150 0 237309 0 31106 0 820315 0 56250 Liza Parker Chief Operating Officer 0 676090 0 0 231052 0 307615 0 34766 0 1249523 0 87500 Ronald Austin Exec. Dir., LCDP THRU 01/2018 374400 0 0 41875 0 144577 0 31706 0 592558 0 0 0 Terea Hebert COO, LCDP THRU 12/01/17 303444 0 0 606 0 91553 0 11884 0 407487 0 0 0 FORM 990, SCHEDULE J DISCLOSURE REGARDING PAYROLL ADMINISTRATION LINCOLN CENTER DEVELOPMENT PROJECT'S (LCDP) PAYROLL IS ADMINISTERED BY LINCOLN CENTER FOR THE PERFORMING ARTS, A RELATED SECTION 501(c)(3) PUBLIC CHARITY. LCDP REIMBURSES LCPA FOR SALARIES AND BENEFITS OF EMPLOYEES WORKING ON BEHALF OF LCDP. FORM 990, SCHEDULE J, PART I, LINE 4B AMOUNTS INCLUDED IN COLUMN (B)(III) REFLECT PAYMENTS OF ACTUARIALLY CALCULATED SUPPLEMENTAL RETIREMENT BENEFITS INTENDED TO COMPENSATE FOR IRS LIMITATIONS IN DEFINED BENEFIT PENSION PLANS, IN THIS CASE A NONQUALIFIED SUPPLEMENTAL RETIREMENT PLAN. TAXABLE PAYMENTS WERE MADE AS FOLLOWS: LESLEY FRIEDMAN ROSENTHAL $14,808; LIZA PARKER $83,412. AMOUNTS IN COLUMN (B)(III) INCLUDE TAXABLE PAYMENTS UNDER A 457(F) DEFERRED COMPENSATION PLAN: LIZA PARKER $145,834; LESLEY FRIEDMAN ROSENTHAL $84,376; RONALD AUSTIN $40,000. AMOUNTS IN COLUMN (C) INCLUDE DEFERRALS UNDER A 457(F) DEFERRED COMPENSATION PLAN: LESLEY FRIEDMAN ROSENTHAL $84,374; LIZA PARKER $116,667; RONALD AUSTIN $40,000. FORM 990, SCHEDULE J, 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. ORGANIZATION'S MISSION FORM 990, PART I, LINE 1 AND PART III, LINE 1 TO IMPLEMENT AND OVERSEE FOR CHARITABLE PURPOSES THE PLANNED REDEVELOPMENT AND TRANSFORMATION OF THE LINCOLN CENTER CAMPUS AND TO PROVIDE A MYRIAD OF SERVICES THAT WOULD FOSTER THE PERFORMING ARTS TO IMPROVE THE CULTURAL LIFE OF COMMUNITIES THROUGHOUT THE UNITED STATES AND THE WORLD. PROGRAM SERVICES FORM 990, PART III, LINE 4A ALL OF LCDP'S ACTIVITIES FURTHER ITS TAX-EXEMPT AND CHARITABLE PURPOSE BY EMBRACING LCPA'S GOAL OF FOSTERING THE PERFORMING ARTS TO IMPROVE THE CULTURAL LIFE OF COMMUNITIES THROUGHOUT THE UNITED STATES AND THE WORLD, AND PROVIDING ASSISTANCE IN ERECTING, RECONSTRUCTING, RENOVATING, MODERNIZING AND RECONFIGURING BUILDINGS OPEN TO THE PUBLIC FOR PUBLIC EXPOSITIONS AND CULTURAL ACTIVITIES. DURING THE FISCAL YEAR ENDED JUNE 30, 2018, THE REDEVELOPMENT PROJECTS PRIMARILY CONSISTED OF THE ASSESSMENT AND PLANNING OF THE DAVID GEFFEN HALL RENOVATION. DISCLOSURE REGARDING PAYROLL ADMINISTRATION FORM 990, PART V, LINE 2A AND PART VII LINCOLN CENTER DEVELOPMENT PROJECT'S (LCDP) PAYROLL IS ADMINISTERED BY LINCOLN CENTER FOR THE PERFORMING ARTS, A RELATED SECTION 501(C)(3) PUBLIC CHARITY. LCDP REIMBURSES LCPA FOR SALARIES AND BENEFITS OF EMPLOYEES WORKING ON BEHALF OF LCDP. GOVERNING BODY AND MANAGEMENT FORM 990, PART VI, LINES 6, 7A AND 7B THERE ARE NO STOCKHOLDERS. THE BOARD IS A SINGLE MEMBER CORPORATION, WITH LINCOLN CENTER FOR THE PERFORMING ARTS, INC. AS ITS SOLE MEMBER, WITH THREE DIRECTORS DESIGNATED BY LINCOLN CENTER FOR THE PERFORMING ARTS, INC. VOTING MEMBERS HAVE THE GENERAL POWER TO CONTROL AND MANAGE THE AFFAIRS AND PROPERTY OF LCDP AND ADOPT RULES AND REGULATIONS GOVERNING ITS ACTIONS. CERTAIN GOVERNANCE DECISIONS ARE RESERVED TO LCDP'S SOLE MEMBER, LINCOLN CENTER FOR THE PERFORMING ARTS, INC., INCLUDING THE RIGHT TO REMOVE A DIRECTOR WITH OR WITHOUT CAUSE AND THE RIGHT TO CHANGE THE NUMBER OF DIRECTORS ON THE BOARD. ADDITIONALLY, NOTICE OF BOARD MEETINGS MUST BE GIVEN TO LINCOLN CENTER FOR THE PERFORMING ARTS, INC. FORM 990 REVIEW FORM 990, PART VI, LINE 11B LCDP'S FORM 990 IS PREPARED BY ITS INDEPENDENT ACCOUNTING FIRM WITH DATA PROVIDED BY ITS FINANCE DEPARTMENT. WHEN LCDP'S STAFF AND ACCOUNTING FIRM APPROVE THE DRAFT RETURN, IT IS THEN PROVIDED TO THE AUDIT COMMITTEE FOR REVIEW AND APPROVAL. LCDP'S BOARD OF DIRECTORS HAS DELEGATED RESPONSIBILITY FOR REVIEWING FORM 990 TO THE AUDIT COMMITTEE. WHEN THE AUDIT COMMITTEE APPROVES THE FINAL DRAFT, A COPY IS PROVIDED TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. CONFLICT OF INTEREST POLICY FORM 990, PART VI, LINE 12C LCDP BOARD MEMBERS AND SENIOR STAFF ARE REQUIRED TO FILL OUT A CONFLICT OF INTEREST FORM EACH FISCAL YEAR TO CONFIRM THEIR COMPLIANCE WITH LCDP'S CONFLICT OF INTEREST POLICY. THE GENERAL COUNSEL REVIEWS ALL QUESTIONNAIRES AND DETERMINES TOGETHER WITH THE AUDIT COMMITTEE WHETHER A CONFLICT OF INTEREST IN FACT EXISTS. DURING THE JUNE 30, 2018 TAX YEAR, NO POTENTIAL NEW CONFLICTS WERE REPORTED. IN THE EVENT OF A POTENTIAL CONFLICT INVOLVING AN EXISTING OR ONGOING ACCOUNT, ARRANGEMENT, RELATIONSHIP OR TRANSACTION, THE AUDIT COMMITTEE OR THE BOARD REGULARLY EVALUATES THE BENEFITS AND APPROPRIATENESS OF THE ACCOUNT, ARRANGEMENT, RELATIONSHIP OR TRANSACTION TO ENSURE THAT IT HAS BEEN AND CONTINUES TO BE HANDLED WITHIN ACCEPTABLE STANDARDS OUTLINED IN THIS POLICY. COMPENSATION FORM 990, PART VI, LINE 15A LCDP'S EXECUTIVE DIRECTOR WAS PAID BY LCPA, A RELATED ORGANIZATION, AND COMPENSATION WAS GOVERNED BY A CONTRACT EXECUTED IN 2007 AS AMENDED IN 2013. IN DETERMINING THE EXECUTIVE DIRECTOR'S COMPENSATION, LCDP RELIED ON A 2009 STUDY BY TOWERS PERRIN (AN INDEPENDENT COMPENSATION CONSULTANT) REGARDING EXECUTIVE COMPENSATION, AND ALSO OBTAINED INDUSTRY-WIDE COMPENSATION INFORMATION FOR PERSONS WITH SIMILAR RESPONSIBILITIES FROM ONE OF THE NATION'S LEADING REAL ESTATE AND CONSTRUCTION FIRMS. THE INDIVIDUALS INVOLVED IN ASSESSING AND DETERMINING COMPENSATION FOR THE EXECUTIVE DIRECTOR ARE NOT PERMITTED TO HAVE A CONFLICT OF INTEREST UNDER LCDP'S CONFLICT OF INTEREST POLICY. IN ADDITION, LCDP RETAINS RECORDS OF THE COMPENSATION PROCESS AND DECISIONS. THE EXECUTIVE DIRECTOR'S COMPENSATION WAS APPROVED BY THE BOARD. DOCUMENT AVAILABILITY FORM 990, PART VI, LINE 19 Annual Financial Statements, other governing documents and form 990 are available upon request. Lincoln Center for the Performing Arts 70 Lincoln Center Plaza 9th Floor New York NY 10023 131847137 Perf. Arts NY 501(c)(3) 7 NA false false false true false false false false false false false false true true false false false false false