2019-04-25T10:58:27-05:00 2018-06-30 EISNERAMPER LLP 750 THIRD AVENUE NEW YORK NY 100172703 990 2017-07-01 111904261 BROOKLYN PUBLIC LIBRARY % AMADU WAGIE VP OF FINANCE BROO 7182302165 10 GRAND ARMY PLAZA BROOKLYN NY 11238 LINDA E JOHNSON PRESIDENT & CEO 7182302165 2019-04-25 true CANDICE METH P01306891 2129498700 64.238.150.4 P 60DDCE3DCE28331B7C91C8DE54CD98BCD9F028C4 086342A1481B794C5AE637A59BD79179B1E62CE4 2017 2019-02-21 02:37:17Z LINDA EJOHNSON PRESIDENTCEO 10 GRAND ARMY PLAZA BROOKLYN NY 11238 161456897 false X WWW.BKLYNLIBRARY.ORG X 1902 NY SEE PART III LINE 1 34 34 1562 1864 1068083 634670 148948797 136329921 2999149 3289928 1600645 2315057 1245244 1030903 154793835 142965809 0 0 0 0 93429482 97631871 0 0 3706029 37245343 39084183 130674825 136716054 24119010 6249755 134794501 137401453 25550385 25313449 109244116 112088004 X IT IS THE MISSION OF THE LIBRARY TO ENSURE THE PRESERVATION AND TRANSMISSION OF SOCIETY'S KNOWLEDGE, HISTORY AND CULTURE, AND TO PROVIDE THE PEOPLE OF BROOKLYN WITH FREE AND OPEN ACCESS TO INFORMATION FOR EDUCATION, RECREATION AND REFERENCE. false false 25631146 690885 Central Library is the largest public library in Brooklyn. At 352,000 square feet, the building accounts for one-third of Brooklyn Public Librarys total physical plant. Central provides traditional library services, including a collection of approximately 900,000 materials in wings dedicated to fiction, history, science and technology, childrens and young adult literature, and the arts. The Business and Career Centers recent relocation to Central Library has provided patrons with central access to an extensive collection of books, materials and services related to test prep, business and career resources, in addition to financial and college planning. The Brooklyn Collection, Brooklyn Public Librarys (BPLs) local history division, provides a wealth of information about the borough, including access to research materials such as the full, digitized 1841-1955 run of The Brooklyn Daily Eagle. Central is also home to the Shelby White and Leon Levy Information Commons, a public technology center and workspace with a reservable recording studio and meeting rooms, sophisticated design software, and a digital training lab for community classes and workshops. In Fiscal Year 2018, Central Library hosted more than 9,000 programs that were attended by approximately 165,000 people and over 1.2 million people walked through Central Librarys main doors. 89099682 2401647 As more than half of Brooklyns 2.6 million residents live within a mile of a library branch, BPLs neighborhood libraries welcomed nearly seven million visitors in FY18. The librarys collection held approximately 3.7 million print and digital materials, which circulated a total 13.7 million times. As the largest provider of free Wi-Fi in Brooklyn, BPL hosted 508,000 free Wi-Fi sessions in FY18. The Library also hosted 1.8 million computer sessions on approximately 1,600 devices. Approximately 1,864 volunteers provided a total of 94,000 hours of service to BPL. Every Brooklyn Public Library location is open at least six days per week, and the average branch is open approximately 48 hours per week. In FY18, BPL received funding to upgrade the technology offerings in library branches; depending on the individual locations needs, branches received new computers, televisions, cameras, Little Bits kits and more. With increased open hours and additional technological support, branch libraries hosted 69,248 programs that were attended by over one million people. Brooklyns library branches provide an expansive range of programs and services. The core (and most popular) offerings include First Five Years, a suite of early literacy programs for infants, toddlers, and preschoolers; inclusive play and learning environments for children with disabilities; Creative Aging classes that help seniors learn new skills and express their creativity; digital literacy programs such as basic computer classes and advanced instruction in animation, audio engineering, coding, and more; and Summer Reading, BPLs borough-wide effort to promote recreational reading while school is out of session. 7323530 197396 BPL offers programs for people from every walk of life. In addition to the branch programs described above, BPL hosts Teen Tech Time and homework help sessions, citizenship and HSE test preparation, career and business development resources, free cultural events, and much more. A representative sample of our special programs: 1.BookMatch: Provides patrons with reading lists specially curated for them by BPL librarians. 2.Bklyn Incubator supports and funds the development of new initiatives by librarians and staff, with training and mentoring on program design, partnership development, community outreach, and project management. 3.Brooklyn Cultural Adventures Program: Award-winning summer day camp for children 7-12; cultural immersion at BPL, Brooklyn Botanic Garden, Brooklyn Museum, Brooklyn Children's Museum, Prospect Park, and Prospect Park Zoo. 4.Culture Pass: a library-led, city-wide initiative providing free access to myriad cultural institutions across the five boroughs to the millions of library card holders. Through the new initiative, patrons may visit, at no cost, 46 of the citys cultural institutions ranging from the Whitney Museum in Manhattan and the Brooklyn Botanic Garden to the Noguchi Museum in Queens, Wave Hill in the Bronx, and Historic Richmond Town on Staten Island. 5.Our Streets, Our Stories: Oral history project chronicling decades of transformation in neighborhoods throughout Brooklyn. 6.PowerUP: Kreyol, a business plan competition for members of the Haitian-Kreyol community modeled on the PowerUP competition that has helped launch more than 2100 Brooklyn businesses since its founding in 2003. 7.Todays Teens, Tomorrows Techies: Teaches digital skills to students 14 to 18 and prepares them to serve on BPLs volunteer team, where they help patrons make use of the Librarys many free technology resources. The Programming and Exhibition Department produces high quality cultural programming to encourage public engagement with the ideas and cultural expressions of our time. On January 10, 2018, BPL, in collaboration with the Cultural Services of the French Embassy, hosted A Night of Philosophy & Ideas, a sunset-to-sunrise event bring philosophers, musicians, artist, and authors from around the world together with the Brooklyn and Greater New York community through a series of conversations and performances. The Outreach Services Department serves Brooklynites with unique and often overlooked needs, including veterans, immigrants, the homebound, and people transitioning into and out of the citys correctional and shelter systems. Through a partnership with the Mayors Office of Immigrant Affairs (MOIA), BPL continued to host an immigration lawyer to assist patrons with citizenship applications at four library branches. One of the Outreach departments signature programs, TeleStory, which utilizes video conferencing technology to connect incarcerated parents with their children through books and family activities, is now available in more than a dozen BPL locations. The new TeleStory branches are located in neighborhoods with particularly high rates of incarceration. Our Youth and Family Services Department continues to offer innovative programs around STEM (Science, Technology, Engineering, and Math). During FY2018 1,889 attendees participated in our Science Baby program, a creative science program for 0-3 year olds. The heart of Science Baby is exploring the wonder of science through story, repetition and play. We explore gravity, motion, magnets, chemical reactions, light, water, bubbles, sound and more. And through our Library Lab program series, a dynamic learning enrichment program for children (ages 6 to 10) and their families, nearly 7,000 patrons received tips on how to use library resources to spark curiosity for STEM throuh hands-on experiments and how to continue projects at home. In 2015 Brooklyn Public Library launched BKLYN Incubator. The initiative supports innovative programs at the Brooklyn Public Library by providing professional development, mentorship, and resources to staff with innovative ideas. The purpose of BKLYN Incubator is to empower our staff to build public programs and services from the ground up and support ideas that are responsive to community needs. Throughout the 29 initiatives funded by incubator, 4,644 patrons have attended an Incubator program, 509 programs have been created, and 50 community partners have been involved in supporting and collaborating with incubator initiatives. Librarians of Tomorrow is an innovative, hands-on internship program for 10th-12th grade students from diverse backgrounds with an interest in library careers. In FY18 there were 60 school-year interns who contributed 8614.5 volunteer hours, and 15 summer interns who contributed 2008.5 volunteer hours. The intern languages spoken other than English included Urdu, Bangla, Spanish, Russian, Uzbek, Tajiki, Arabic, Mandarin, Wolof, French, Haitian Creole, Japanese, Italian, Cantonese, Punjabi, Hungarian, Latin, Yoruba, Igbo, and Fujinese. 122054358 true true false true false false false true false true true false false false false true true false false false true false false false true false false false false true false false false false false false false false true false false false false false false false false true X 409 0 true 1562 true true true false false false false true true false false false false X 34 34 false false false false false true false true true false false true true true true true true true true false NY X X AMADU WAGIE VP OF FINANCE 7182302165 10 GRAND ARMY PLAZA BROOKLYN NY 11238 NICHOLAS A GRAVANTE JR TRUSTEE 2.0 0.0 X 0 0 0 SUSAN MARCINEK CHAIR 2.0 0.0 X X 0 0 0 MIRIAM KATOWITZ TREASURER 2.0 0.0 X X 0 0 0 PETER ASCHKENASY VICE CHAIR 2.0 0.0 X X 0 0 0 JORDAN BAROWITZ VICE CHAIR 2.0 0.0 X X 0 0 0 ANTHONY CROWELL ESQ VICE CHAIR 2.0 0.0 X X 0 0 0 NINA COLLINS VICE CHAIR 2.0 0.0 X X 0 0 0 ROBIN SHANUS SECRETARY 2.0 0.0 X X 0 0 0 JOSEPH I DOUEK TRUSTEE 2.0 0.0 X 0 0 0 HONORABLE ALICE FISHER RUBIN TRUSTEE 2.0 0.0 X 0 0 0 MICHAEL LIBURD TRUSTEE 2.0 0.0 X 0 0 0 GINO P MENCHINI TRUSTEE 2.0 0.0 X 0 0 0 SANDRA SCHUBERT TRUSTEE 2.0 0.0 X 0 0 0 CHRISTINA TETTONIS TRUSTEE 2.0 0.0 X 0 0 0 DR LUCILLE C THOMAS TRUSTEE 2.0 0.0 X 0 0 0 CINDI LEIVE TRUSTEE 2.0 0.0 X 0 0 0 GREGORY DAVIDZON TRUSTEE 2.0 0.0 X 0 0 0 HANK GUTMAN TRUSTEE 2.0 0.0 X 0 0 0 INGRID LEWIS-MARTIN TRUSTEE 2.0 0.0 X 0 0 0 KIM-THU POSNETT TRUSTEE 2.0 0.0 X 0 0 0 MICHAEL BEST TRUSTEE 2.0 0.0 X 0 0 0 LISA PRICE TRUSTEE 2.0 0.0 X 0 0 0 KYLE KIMBALL TRUSTEE 2.0 0.0 X 0 0 0 PATRICK TRAIN-GUTIERREZ TRUSTEE 2.0 0.0 X 0 0 0 BLAKE FOOTE TRUSTEE 2.0 0.0 X 0 0 0 ABE GEORGE TRUSTEE 2.0 0.0 X 0 0 0 CASSANDRA METZ TRUSTEE 2.0 0.0 X 0 0 0 BRIAN O'NEIL TRUSTEE 2.0 0.0 X 0 0 0 ROSEANN PARADISO-FODERA TRUSTEE 2.0 0.0 X 0 0 0 LISA PULEO TRUSTEE 2.0 0.0 X 0 0 0 BARATUNDE THURSTON TRUSTEE 2.0 0.0 X 0 0 0 TIMOTHY J INGRASSIA TRUSTEE 2.0 0.0 X 0 0 0 DAVID WOMACK TRUSTEE 2.0 0.0 X 0 0 0 CAROLEE FINK TRUSTEE 2.0 0.0 X 0 0 0 ANTONIA YUILLE WILLIAMS TRUSTEE (UNTIL 5/22/2018) 2.0 0.0 X 0 0 0 RACHEL LAUTER TRUSTEE (UNTIL 3/31/2018) 2.0 0.0 X 0 0 0 REGINALD SHELL TRUSTEE (until 6/26/2018) 2.0 0.0 X 0 0 0 LINDA E JOHNSON PRESIDENT & CEO 35.0 0.0 X 429119 0 42998 LISA ROSENBLUM CHIEF LIBRARIAN (UNTIL 1/3/18) 35.0 0.0 X 228924 0 28959 BRETT D ROBINSON EVP FINANCE/CFO 35.0 0.0 X 235588 0 58513 DAVID WOLOCH EVP OF EXTERNAL AFFAIRS 35.0 0.0 X 201846 0 39552 LAWRENCE JENNINGS VP OF HUMAN RESOURCES 35.0 0.0 X 206631 0 37247 LASZLO J ORSOS VP OF ARTS AND CULTURE 35.0 0.0 X 195564 0 34043 AMADU WAGIE VP OF FINANCE 35.0 0.0 X 187081 0 31299 SELVON SMITH VP OF INFORMATION TECHNOLOGY 35.0 0.0 X 180896 0 51666 STEVEN R GOLD VP OF SAFETY AND SECURITY 35.0 0.0 X 174746 0 35930 2040395 0 360207 59 false true false NEW YORK PUBLIC LIBRARY 445 5TH AVENUE NEW YORK NY 10016 LOGISTICS SERVICE 3589753 NYC ECONOMIC DEVELOPMENT CORP 110 WILLIAMS STREET NEW YORK NY 10038 CONSTRUCTION MGMT 1650000 THEATER OF WAR PRODUCTION LLC 1 HANSON PLACE BROOKLYN NY 11243 THEATRICAL PROD 1107639 MEDCO ELECTRICAL CONTRACTORS 3309 AVENUE N BROOKLYN NY 11234 LIGHTING UPGRADE 615014 PERFORMANCE MECHANICAL 1215 SECOND AVENUE NEW HYDE PARK NY 11040 HVAC MAINTENANCE 563044 41 1101050 129592859 5636012 82171 136329921 FINES AND FEES 519100 2096773 2096773 DUPLICATE CARDS 519100 19869 19869 BOOK SALES 519100 54428 54428 PRINT AND COPY 519100 469619 469619 MISCELLANEOUS 519100 649239 649239 3289928 1480445 1480445 0 0 0 0 0 19138391 18303779 834612 834612 834612 110775 1101050 187309 -76534 -76534 0 0 0 0 0 0 CAFE INCOME 900099 39354 39354 PASSPORT INCOME 900099 1068083 1068083 1107437 142965809 3329282 1068083 2238523 0 0 0 0 1195869 200459 778611 216799 0 60978067 56032259 3384127 1561681 9819160 8880861 657423 280876 19651307 17773467 1315716 562124 5987468 5415315 400881 171272 0 202318 106393 95914 11 94395 94395 120000 120000 0 200324 200324 8201236 6375837 1304081 521318 425317 360712 36491 28114 208052 161631 31369 15052 3427799 3277928 133960 15911 0 3253863 1747118 1506575 170 310920 274670 24010 12240 0 0 0 0 4010098 4010098 885290 793023 92267 BOOKS AND LIBRARY MATERIALS 9627733 9627733 SUPPLIES 2978648 2605728 165400 207520 STAFF DEVELOPMENT & TRAINING 211705 185680 18754 7271 REPAIRS AND MAINTENANCE 4154482 3750224 342681 61577 772003 475222 252688 44093 136716054 122054358 10955667 3706029 43569 44500 42908051 17224940 8834076 11875467 0 0 0 0 0 0 0 0 0 0 263997 360490 58425721 15866762 38540416 42558959 44071383 63661322 0 1672427 0 0 0 0 133009 3348 134794501 137401453 23800243 23018389 0 0 1750142 2295060 0 0 0 0 0 0 0 0 0 0 0 0 25550385 25313449 X 79050142 83045692 27578970 26421803 2615004 2620509 109244116 112088004 134794501 137401453 X 6249755 393635 -3799502 X false true X true true true X 102484943 116196465 125288677 148948797 136329921 629248803 0 0 102484943 116196465 125288677 148948797 136329921 629248803 0 629248803 978113 952478 1269062 1070953 1480445 5751051 169297 345667 444178 490255 366808 1816205 178232 47115 39354 39353 39354 343408 637159467 14964028 0.98758 0.98345 X SCHEDULE A, PART II, LINE 10 THE AMOUNT REPORTED INCLUDES INSURANCE PROCEEDS RECEIVED IN FY 2013 AND FY 2014 AS REIMBURSEMENT FOR LOSSES SUFFERED BY THE LIBRARY DURING SUPER-STORM SANDY, AND REVENUE GENERATED FROM A CAFETERIA OPERATED AT THE CENTRAL LIBRARY FOR THE BENEFIT OF PATRONS AND STAFF. false false false false false false true 120000 false false 120000 false false PART II B- LINE 1A The Librarys lobbying consists of coordinated efforts at the City, State and Federal levels to portray the Library in the best possible light to ensure continued funding for its operations and programs. The Library lobbies to the Executive branch of the State government and individual members of the State senate and assembly to ensure that it gets adequate funding from the State Department of Education, to seek funding for special capital initiatives and for member items for programs at the branch level. In addition, it lobbies the Executive branch of the New York City government, members of the City Council and the New York City Mayors office, to ensure that the Library is adequately funded for its operations and capital projects. The Library hired various consultants to facilitate the grant process with the various government agencies and direct contact with various legislators. X X X false 3935809 5505 233149 190952 3983511 3796364 20303 301112 181970 3935809 3914090 77787 -50815 144698 3796364 4001567 8476 72026 167979 3914090 3601049 5420 552011 156913 4001567 0.65780 0.34220 false false 31643962 5748441 25895521 6872536 3960106 2912430 19909223 6158215 13751008 42558959 0 0 X 177663368 393635 34504248 34897883 142765485 200324 200324 142965809 174819480 34504248 3799502 38303750 136515730 200324 200324 136716054 SCHEDULE D, PART III- LINE A THE LIBRARY HAS COLLECTIONS OF NON-CIRCULATING LIBRARY MATERIALS, INCLUDING BOOKS, PERIODICALS AND OTHER ITEMS. THESE COLLECTIONS ARE MAINTAINED BY THE LIBRARY UNDER CURATORIAL CARE AND ARE HELD FOR RESEARCH, EDUCATION AND PUBLIC EXHIBITION IN FURTHERANCE OF PUBLIC SERVICE. PROCEEDS FROM THE SALES OF COLLECTIONS ARE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. THE COST OF COLLECTIONS PURCHASED BY THE LIBARY IS EXPENSED IN THE YEAR OF PURCHASE. THE VALUE OF THE LIBRARY'S COLLECTIONS, FOR FINANCIAL STATEMENT PURPOSES, CANNOT BE DETERMINED. THE COST OF CIRCULATING BOOKS AND OTHER LIBRARY MATERIALS ARE NOT RECORDED AS COLLECTIONS, BUT ARE RECORDED AS AN EXPENSE IN THE YEAR PURCHASED, AS THE USEFUL LIVES OF SUCH ITEMS ARE RELATIVELY SHORT. SCHEDULE D, PART III - LINE 4 Brooklyn Public Library owns and has made accessible several important special collections that include the Hunt Collection of Childrens Literature 7000 juvenile books dating back to the mid-18th century; the Civil War Collection a 6000 volume collection purchased in 1908; and a circulating orchestral score collection. Moreover, the Librarys local history unit, the Brooklyn Collection, maintains numerous important collections, none more important that the entire Brooklyn Daily Eagle photography archives: over 200,000 images of newsworthy local, national, and international events. The Brooklyn Collections general photography collection comprise 19th and 20th century photographs, photogravures, portfolios, photo albums, stereo views, and cyanotypes. The collection includes photographs taken by well-known photographers such as Berenice Abbott, Alvin Langdon Coburn, Thomas Roma, Alfred Stieglitz, Irving Underhill, and Underhill and Underhill. In addition, the Brooklyn Collection maintains a number of smaller collections, including some ephemeral collections such as the Brooklyn Dodgers memorabilia collection. The Librarys special collections further its exempt purpose in that they provide the people of Brooklyn free and open access to a well-preserved record of societys knowledge, history, and culture. SCHEDULE D, PART V - LINE 4 THE INTENDED USES OF THE ENDOWMENT FUNDS ARE AS FOLLOWS: 1. Books - Income from these endowments are to be used to buy books that further the mission of the Library 2. Branch Humanities Programs 3. Staff Welfare 4. Youth and Children's program 5. Willendorf Lecture series 6. Plaza and Auditorium capital campaign 7. The upkeep of technology equipment and ongoing maintenance of the Central Library Information Commons SCHEDULE D, PART X - LINE 2 The Library is subject to the provisions of the Financial Accounting Standards Board's ("FASB") Accounting Standards Codification ("ASC") Topic 740, "Income Taxes", relating to accounting and reporting for uncertainty in income taxes. For the Library, ASC Topic 740 is potentially applicable to the incurrence of unrelated business income, attributable to passport services provided to the public. Because the Library has always accrued a tax liability for these items and because of the library's general tax-exempt status, management believes ASC Topic 740 has not had, and is not anticipated to have, a material impact on the Library's financial statements. SCHEDULE D, PART XII, LINE 2D THE $3,799,502 INCLUDED IN EXPENSES FOR THE FINANCIAL STATEMENT PURPOSES BUT TREATED AS OTHER RECONCILING ITEMS TO THE NET ASSETS FOR TAX RETURN PURPOSE INCLUDE LOSSES ON DISPOSAL OF PROPERTY AND EQUIPMENT OF $354,205 AND REIMBURSABLE CAPITAL GRANT TOWARDS THE CONSTRUCTION OF THE NEW GREENPOINT LIBRARY AND ENVIRONMENTAL EDUCATION CENTER IN THE AMOUNT OF $3,445,297. Central America and the Caribbean Investments 1672427 1672427 1672427 false false false false false false PART I, LINE 3, COLUMN F THE LIBRARY HAD INVESTMENTS IN CAYMAN ISLAND-BASED FUND OF $1,672,427 AS OF JUNE 30, 2018. ANNUAL GALA 1146673 1051738 94935 136160 16325 BRKLYN CLASSIC 65152 49312 15840 30628 4196 0 1211825 1101050 110775 166788 20521 187309 -76534 X true true X X X X false false false false false false false false false LINDA E JOHNSON PRESIDENT & CEO 374511 0 50000 0 4608 0 33800 0 9198 0 472117 0 0 0 LISA ROSENBLUM CHIEF LIBRARIAN (UNTIL 1/3/18) 228924 0 0 0 0 0 18314 0 10645 0 257883 0 0 0 BRETT D ROBINSON EVP FINANCE/CFO 235588 0 0 0 0 0 37223 0 21290 0 294101 0 0 0 DAVID WOLOCH EVP OF EXTERNAL AFFAIRS 201846 0 0 0 0 0 16468 0 23084 0 241398 0 0 0 LAWRENCE JENNINGS VP OF HUMAN RESOURCES 206631 0 0 0 0 0 32648 0 4599 0 243878 0 0 0 LASZLO J ORSOS VP OF ARTS AND CULTURE 195564 0 0 24844 9199 229607 0 AMADU WAGIE VP OF FINANCE 187081 0 0 29559 1740 218380 0 SELVON SMITH VP OF INFORMATION TECHNOLOGY 180896 0 0 0 0 0 28582 0 23084 0 232562 0 0 0 STEVEN R GOLD VP OF SAFETY AND SECURITY 169185 0 0 0 5561 0 26731 0 9199 0 210676 0 0 0 SCHEDULE J, PART I, LINE 1A THE LIBRARY REIMBURSES ALL TRUSTEES, OFFICERS AND EMPLOYEES FOR ALLOWABLE EXPENSES INCURRED IN CARRYING OUT THE MISSION OF THE LIBRARY. EXPENSES ARE REIMBURSED IN ACCORDANCE WITH THE LIBRARY'S TRAVEL AND EXPENSE REIMBURSEMENT POLICY. SCHEDULE J, PART II SCHEDULE J, PART II (COLUMN B, II):The Librarys President & CEO, Linda E. Johnson, received a performance bonus of $50,000 ($25,000 for each of the last two fiscal years)per the employment agreement. Her bonus was dependent to a satisfactory review of her job performance by the Librarys Board of Trustees. SCHEDULE J, PART II (COLUMN B, III):The Library provides Linda E. Johnson (President & CEO), and Steven R. Gold (Vice President of Safety and Security) with BPL vehicles for official business. The amounts represent the value assessed for the personal use of these vehicles. SCHEDULE J, PART II (COLUMN C):Retirement and other deferred compensation Value of contributions to New York State and Local Retirement System (NYSLRS) or New York Voluntary Defined Contribution (VDC) pension plans. X 12 82171 fmv false true true SCHEDULE M, PART I, LINE 32 THE BROKER HIRED BY THE LIBRARY SELLS ALL THE DONATED STOCKS UPON RECEIPT. Form 990, Part VI, Section A, Line 7A In acccordance with the Library's by-laws, the governing board of Trustees has the authority to manage and control the affairs of the Library. The board of trustees shall consist of no more than thirty-eight members. By virtue of their respective offices, the Mayor of the City of New York, the Comptroller of the City of New York, the Speaker of the City Council of the City of New York and the President of the Borough of Brooklyn are Ex-Officio Trustees of the Library. Each Ex-Officio may appoint a representative to serve on his or her behalf as a member of the board. Each representative appointed by an Ex-Officio shall be counted as part of the quorum, may vote and have all the same rights and privileges of the Ex-Officio or any other member of the Board, except in cases where this is prohibited by law. The Mayor of the City of New York and the President of the Borough of Brooklyn may each appoint eleven Trustees to hold offices for a term of three years or until their resignation or their successor is appointed. Form 990, Part VI, Section B, Line 11A The Form 990 is prepared by management, with the assistance of our auditors, EisnerAmper LLP. Once a final draft of the Form 990 is received from the external auditors, the Vice President of Finance conducts a first level review with the Executive Vice President of Finance and Administration and Chief Financial Officer (CFO). Pending any amendments or corrections, the CFO and Vice President of Finance then reviews the draft returns with the President and CEO. After reviewing the draft with the President and CEO, the draft Form 990 is forwarded to the members of Audit Committee in preparation for formal review meeting of the Audit and Finance Committees attended by the external auditors, senior members of the Librarys executive team along with the CFO and Vice President of Finance. At this meeting, staff review the reports with the attendees. Questions are fielded and if necessary, corrections are made. Once the review is completed, the members of the Audit Committee vote to accept the report for filing by the Librarys external auditors. Prior to filing the return (amended if required)it is forwarded to the full Board for their review. Form 990, Part VI, Section B, Line 12C The Library has a conflict of interest policy which is signed annually by every member of the Board of Trustees and key (senior) members of the Library's management team. A copy of the Library's conflict of interest policy can be obtained from the Library's website at: https://www.bklynlibrary.org/sites/default/files/documents/trustees/Confli ctInterest.pdf Form 990, Part VI, Section B, Line 15A The salary of the President & CEO is based on a negotiated written employment contract, which includes a yearly adjustment for cost of living increases. It also includes a provision for a discretionary bonus decided by the Board of Trustees' Executive Committee. The contract is renewable every three years. The salaries of the other officers and key employees are based on a compensation program designed by an independent consultant, Ernst and Young, and a review of comparable salaries from similar sized not-for-profit organizations and cultural institutions. It is reviewed regularly and updated, as needed, to adjust the salary structure and ranges to ensure competitive salary ranges. Form 990, Part VI, Section C, Line 19 Conflict of Interest Policy: The Library has a conflict of Interest policy for members of the Board of Trustees and key members of staff. This policy is available for review on the Librarys intranet and Trustee website. This policy is ALSO made available for review by the general public on the Librarys website. Financial Statements: It is the policy of Brooklyn Public Library to make its financial statements available to the public. Copies of its most recent audited financial statements are posted on its website and available to the public at the following link: https://www.bklynlibrary.org/about/reports-publications Copies are also available upon request from the Finance Department. FORM 990, PART XI, LINE 9 Other changes in net assets represents Reimbursable capital expenditure incurred by the Library towards the construction of the new Greenpoint Library and Environmental Education Center in the amount of $3,445,297. and Loss on disposal of various property and equipment in the amount of $354,205.