2019-05-15T13:49:52-05:00 2018-06-30 KPMG LLP 345 Park Avenue New York NY 101540102 990 2017-07-01 131847137 LINCOLN CENTER FOR THE PERFORMING ARTS INC % ROBERT CUNDALL LINC 2128755000 70 LINCOLN CENTER PLAZA NEW YORK NY 10023 ROBERT CUNDALL EXEC. VP & CEO 2128755000 2019-05-15 true DEVIN L DUNCAN P01249521 2127589700 2019-05-15 167.68.102.5 13407320191355000048 2019-05-15 P 9041B6444783283F652E08ADF0D311F348207CF0 B09A8F7452AAEB109EF01FBCB66ABFE0CB6B8889 2017 2019-02-21 02:37:17Z HENRY TIMMS 70 LINCOLN CENTER PLAZA NEW YORK NY 10023 184433133 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. 82 82 1990 280 6988680 623811 68877991 46046673 82604635 80318675 8029900 15633394 2655242 2641844 162167768 144640586 845619 2660831 0 0 80026236 80413908 38912 29764 8263691 90349922 84739180 171260689 167843683 -9092921 -23203097 785793684 736654157 363696539 328035252 422097145 408618905 X TO SUSTAIN, ENCOURAGE, AND PROMOTE THE PERFORMING ARTS AND TO EDUCATE THE PUBLIC WITH RELATION THERETO. SEE SCHEDULE O FOR CONTINUATION. false false 77831271 59282267 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. 27526618 11600940 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. 12027785 2473331 1092133 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 $9,554,454 in financing costs related to campus capital projects. 12643655 187500 4932082 130029329 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 562 0 true 1990 true true true false false false false true true false false false false X 82 82 true false false false false false false true true false false true true true true true true true true false AL AK AR CA CO CT DC FL GA HI IL KS KY LA ME MD MA MI MS MO NH NJ NY NC OH OK OR PA RI SC TN WA WV WI 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 As of 06/04/2018 1.0 0.0 X 0 0 0 Jody Gottfried Arnhold Director As of 06/04/2018 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 Renee 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 1.0 0.0 X 0 0 0 Jeffrey C Campbell Director 1.0 0.0 X 0 0 0 Judith-Ann Corrente Director 1.0 0.0 X 0 0 0 Daniel Crown Director THRU 03/19/2018 1.0 0.0 X 0 0 0 James Dinan Director 1.0 0.0 X 0 0 0 Beth Dozoretz Director 1.0 0.0 X 0 0 0 Harold Ford Jr Director 1.0 0.0 X 0 0 0 William E Ford Director 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 Mimi Haas Director 1.0 0.0 X 0 0 0 Ronald G Harrington Director 1.0 0.0 X 0 0 0 William B Harrison Jr Director THRU 12/11/2017 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 As of 06/04/2018 1.0 0.0 X 0 0 0 David A Hunt Director 1.0 0.0 X 0 0 0 Elliot S Jaffe Director 1.0 0.0 X 0 0 0 Steven A Kandarian Director THRU 06/04/2018 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 1.0 0.0 X 0 0 0 Shelly Lazarus Director 1.0 0.0 X 0 0 0 Thomas H Lee Director THRU 06/04/2018 1.0 0.0 X 0 0 0 Betty Levin Director 1.0 0.0 X 0 0 0 Robert I Lipp Director 1.0 0.0 X 0 0 0 Bryan Lourd Director 1.0 0.0 X 0 0 0 Scott Malkin Director As of 12/11/2017 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 1.0 0.0 X 0 0 0 Jonelle Procope Director As of 10/16/2017 1.0 0.0 X 0 0 0 James O'Shaughnessy Director THRU 06/04/2018 1.0 0.0 X 0 0 0 Ingeborg Rennert Director THRU 10/16/2017 1.0 0.0 X 0 0 0 Julian Robertson Director 1.0 0.0 X 0 0 0 Hon Stephen C Robinson Director As of 10/16/2017 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 As of 03/19/2018 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 Yasushi Takahashi Director THRU 06/04/2018 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 Mr Katsurao Yoshimori Director As of 06/04/2018 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 Melissa Mark-Viverito Ex Officio THRU 01/01/2018 1.0 0.0 X 0 0 0 Hon Corey Johnson Ex Officio As of 01/01/2018 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 Liza Parker Chief Operating Officer 35.0 2.0 X 907142 0 342381 Debora Spar President & CEO Thru 04/2018 35.0 0.0 X 858357 0 28598 Robert Cundall EVP & Chief Financial Officer 35.0 2.0 X 407772 0 106580 Tamar c Podell EVP, Chief Development Officer 35.0 0.0 X 596528 0 289023 Lesley Friedman Rosenthal Exec. VP, General Counsel 35.0 2.0 X 551900 0 268415 Jane Moss Artistic Director 35.0 0.0 X 429393 0 196880 Peter Duffin Senior VP, Brand & Marketing 35.0 0.0 X 390226 0 195361 Russell Granet EVP, Acting President Beg 4/18 35.0 0.0 X 480844 0 194304 Peter Flamm Vice President, Concert Halls 35.0 0.0 X 324496 0 150080 Bret Silver CHF STRAT & EXT RELA THRU 4/18 35.0 0.0 X 181907 0 28079 Nigel Redden DIR Lincoln Ctr Fest THRU 9/17 35.0 0.0 X 541995 0 327585 Elaine Ruiz VP & Controller thru 8/11/2017 35.0 0.0 X 355424 0 141382 Ronald Austin Exec. Dir., LCDP THRU 01/2018 0.0 35.0 X 0 416275 176283 Andrew C Wilk Exce. Producer, Media Developm 35.0 0.0 X 319782 0 81799 Valerie Mitchell Deputy General Counsel 35.0 0.0 X 306050 0 93463 Terea Hebert COO, LCDP THRU 12/01/2017 0.0 35.0 X 0 304050 103437 Jed Bernstein President THRU 04/14/2016 35.0 0.0 X 180853 0 0 David Link Chief Digit Off. THRU 03/15/17 35.0 0.0 X 222988 0 27290 Greg Sheps SVP, MKTG PTNR Thru 6/2/2017 35.0 0.0 X 286321 0 76701 7341978 720325 2827641 144 true true false Specialty Construction System Inc 31 South Street MOUNT VERNON NY 10550 Construction Firm 1745273 Gemini Music Productions 2 Iriquois Avenue PALISADES NY 10964 Artist Fees 1303623 Restaurant Associates Caterers 132 West 65th Street NEW YORK NY 10023 Catering 1271482 Thyssenkrupp Elevator Corp 519 8th Avenue 6th Floor NEW YORK NY 10018 Elevator Service 1034862 IMG Artists LLC 7 West 54th Street NEW YORK NY 10019 Artist Fees 1019300 77 5805875 10159355 1818631 28262812 1286444 46046673 FACILITIES SERVICES 532000 35028817 28037314 6991503 FACILITIES RENTAL 532000 31244953 31244953 PRESENT PERFORMANCES 711300 11600940 11600940 EDUCATION & OUTREACH 611600 866570 866570 GLOBAL PERF. ARTS ASSISTANCE 561499 158023 158023 1419372 1419372 80318675 489970 -2823 492793 0 0 0 0 0 35095048 18106503 27806044 10252083 7289004 7854420 15143424 15143424 731842 10159355 1670248 -938406 -938406 0 0 0 118946 64172 54774 54774 CORPORATE SPONSORSHIPS 541800 2135143 2135143 SUPPORTING SERVICES 561000 515245 515245 DIGITAL MARKETING SERVICES 541800 229783 229783 645305 645305 3525476 144640586 76907422 6988680 14697811 2473331 2473331 187500 187500 0 0 8213721 1842711 5831517 539493 0 52412126 39328667 9754393 3329066 4676832 3031038 1258648 387146 11012100 9151421 1410365 450314 4099129 3160556 704990 233583 0 242495 56708 155317 30470 310752 310752 60100 60100 29764 29764 1355038 1355038 2391013 830295 1092258 468460 3648018 2910292 316330 421396 2951635 2418608 198574 334453 1878917 235990 1572425 70502 183993 183993 8625481 7862408 659073 104000 904174 611989 186203 105982 0 725505 372499 170848 182158 9554454 9554454 0 16006767 14063583 1379034 564150 1667279 1588265 79014 ARTISTS AND PERFORMANCE 12596015 12596015 PRODUCTION EXPENSES 8392649 8313506 79143 MAINTENANCE CONTRACTS 851101 851101 ELEVATOR SERVICE 730073 730073 11663721 7674326 2976641 1012754 167843683 130029329 29550663 8263691 86590 75123 41545556 25289364 108401015 79415793 16124781 14769088 0 0 0 0 0 0 694698 633856 9432343 8084961 619643567 270228329 360528445 349415238 71371611 78061321 177469124 180800747 0 0 0 0 139521 108666 785793684 736654157 16404714 20737957 0 0 20846200 18752798 253276214 251707362 0 0 0 0 0 0 25000000 0 48169411 36837135 363696539 328035252 X 210974963 197295058 113503180 114898862 97619002 96424985 422097145 408618905 785793684 736654157 X -23203097 20146605 -10421748 X false true X true false X 75015788 102589558 80212102 68877991 46046673 372742112 0 0 75015788 102589558 80212102 68877991 46046673 372742112 11397165 361344947 644718 331233 483647 808948 489970 2758516 540659 373627 410346 215274 623811 2163717 1883312 1409512 2240677 3336079 3644422 12514002 390178347 369446509 0.92610 0.93190 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. true true false false false false true 73146 false false 73146 false LOBBYING ACTIVITY PART II-B FROM TIME TO TIME, LINCOLN CENTER MEETS WITH NEW YORK CITY OFFICIALS ON MATTERS OF CULTURAL POLICY AND ARTS FUNDING. SPECIFICALLY, LINCOLN CENTER SEEKS CONTINUED AND ADDITIONAL CITY SUPPORT FOR ITS ARTS AND EDUCATIONAL INITIATIVES, PARTICULARLY THOSE THAT BENEFIT THE GENERAL PUBLIC OR SPECIFIC UNDERSERVED POPULATIONS. LINCOLN CENTER ALSO MEETS WITH CITY OFFICIALS ON MATTERS PERTAINING TO THOSE PORTIONS OF ITS PREMISES THAT ARE EITHER OWNED BY THE CITY OR REGULATED/PERMITTED BY IT. IN FY18 Lincoln Center DID NOT ENGAGE IN LOBBYING AT THE STATE OR FEDERAL LEVEL. 248686419 -1035908 23092685 187500 11711091 258844605 229824506 442416 34204034 300000 15484537 248686419 251650997 453075 -10732273 215000 11332293 229824506 250993121 665154 9680060 206243 9481095 251650997 210492813 13520468 36143714 170000 8993874 250993121 0.42150 0.37250 0.20600 false false 15513280 15513280 525399696 252667194 272732502 28314795 5850980 22463815 19535265 11710155 7825110 30880531 30880531 349415238 OTHER ALTERNATIVE INVSTMTS 16495399 F INTERNATIONAL EQUITY 56799249 F LARGE CAP EQUITY FUND 10030445 F ABSOLUTE RETURN 51531767 F HEDGED EQUITY 37483812 F PRIVATE EQUITY 8460075 F 180800747 0 FAIR VALUE OF INTEREST RATE SWAPS 36837135 36837135 X 158690450 20146605 1194125 21340730 137349720 1355038 5935828 7290866 144640586 172168690 1194125 4485920 5680045 166488645 1355038 1355038 167843683 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 4B - OTHER ADJUSTMENTS: CONTRIBUTION WRITE-OFFS $ 6,000,000 COST OF GOODS SOLD -64,172 ----------- TOTAL $ 5,935,828 RECONCILIATION OF EXPENSE PER AUDITED FINANCIAL STATEMENTS TO FORM 990 PART XII, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT EXPENSE WRITE-OFF $ 4,421,748 COST OF GOODS SOLD 64,172 ----------- TOTAL $ 4,485,920 Central America and the Caribbean Investments 51830720 Europe (Including Iceland and Greenland) Investments 5495490 East Asia and the Pacific Investments 2985075 East Asia and the Pacific Program Services PERFORMING ARTS 6096 Europe (Including Iceland and Greenland) Program Services PERFORMING ARTS 87068 Middle East and North Africa Program Services PERFORMING ARTS 2602 North America Program Services PERFORMING ARTS 11519 Russia and the Newly Independent States Program Services PERFORMING ARTS 1612 South America Program Services PERFORMING ARTS 1210 Sub-Saharan Africa Program Services PERFORMING ARTS 3061 60424453 60424453 true false true true true true X X X X X X X true SDA TELESERVICES TELE- MARKETING false 43831 29764 14067 43831 29764 14067 AL AK AZ CA CO CT DE DC FL GA HI ID IL IN IA KS KY LA ME MD MA MI MS MO MT NE NV NH NJ NM NY NC OH OK OR PA RI SC TN TX UT VT VA WA WV WI WY FALL GALA 3194651 3089951 104700 111641 78669 73679 SONGBOOK GALA 3191138 3069938 121200 153714 83756 36 4505408 3999466 505942 79442 452687 141050 495610 10891197 10159355 731842 79442 718042 219719 653045 1670248 -938406 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) 2473331 TO PROVIDE FUNDING FOR REDEVELOPMENT 1 0 AVERY FISHER ARTIST PROGRAM GRANT 7 100000 MARTIN SEGAL AWARD 11 82500 LINCOLN CENTER EDU 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 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 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. AWARDS OF $7,500 PER RECEIPIENT MAY BE AWARDED EACH YEAR. 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 false false Jed Bernstein President THRU 04/14/2016 0 0 180853 0 0 0 0 0 180853 0 0 0 Liza Parker Chief Operating Officer 676090 0 0 231052 0 307615 0 34766 0 1249523 0 87500 0 Debora Spar President & CEO Thru 04/2018 757577 0 100000 0 780 0 0 0 28598 0 886955 0 0 0 Robert Cundall EVP & Chief Financial Officer 405000 0 0 2772 0 78622 0 27958 0 514352 0 0 0 Elaine Ruiz VP & Controller thru 8/11/2017 228551 0 0 126873 0 137766 0 3616 0 496806 0 72115 0 Tamar c Podell EVP, Chief Development Officer 476165 0 0 120363 0 256957 0 32066 0 885551 0 59375 0 Lesley Friedman Rosenthal Exec. VP, General Counsel 451750 0 0 100150 0 237309 0 31106 0 820315 0 56250 0 David Link Chief Digit Off. THRU 03/15/17 92806 0 0 130182 0 0 0 27290 0 250278 0 0 0 Jane Moss Artistic Director 395567 0 0 33826 0 184996 0 11884 0 626273 0 0 0 Peter Duffin Senior VP, Brand & Marketing 374358 0 0 15868 0 182661 0 12700 0 585587 0 0 0 Russell Granet EVP, Acting President Beg 4/18 399000 0 0 81844 0 161198 0 33106 0 675148 0 50000 0 Greg Sheps SVP, MKTG PTNR Thru 6/2/2017 169387 0 0 116934 0 47778 0 28923 0 363022 0 0 0 Nigel Redden DIR Lincoln Ctr Fest THRU 9/17 217721 0 0 324274 0 296579 0 31006 0 869580 0 0 0 Peter Flamm Vice President, Concert Halls 318880 0 0 5616 0 119054 0 31026 0 474576 0 0 0 Ronald Austin Exec. Dir., LCDP THRU 01/2018 0 374400 0 0 0 41875 0 144577 0 31706 0 592558 0 0 Andrew C Wilk Exce. Producer, Media Developm 309559 0 0 10223 0 52693 0 29106 0 401581 0 0 0 Valerie Mitchell Deputy General Counsel 305420 0 0 630 0 56830 0 36633 0 399513 0 0 0 Terea Hebert COO, LCDP THRU 12/01/2017 0 303444 0 0 0 606 0 91553 0 11884 0 407487 0 0 Bret Silver CHF STRAT & EXT RELA THRU 4/18 181610 0 0 297 0 0 0 28079 0 209986 0 0 0 PART I, LINE 4A-B JED BERNSTEIN, FORMER PRESIDENT - MR. BERNSTEIN'S COMPENSATION INCLUDES A SEVERANCE PAYMENT OF $180,000. DAVID LINK, FORMER CHIEF DIGITAL OFFICER - MR. LINK'S COMPENSATION INCLUDES A SEVERANCE PAYMENT OF $130,000. GREG SHEPS, FORMER SVP, MARKETING PARTNERSHIPS - MR. SHEP'S COMPENSATION INCLUDES A SEVERANCE PAYMENT OF $116,667. NIGEL REDDEN, FORMER DIRECTOR OF LINCOLN CENTER FESTIVAL - MR. REDDEN'S COMPENSATION INCLUDES A SEVERANCE PAYMENT OF $320,112. 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: LIZA PARKER $83,412; JANE MOSS $28,389; TAMAR PODELL $28,529; LESLEY FRIEDMAN ROSENTHAL $14,808; PETER DUFFIN $15,238; NIGEL REDDEN $366; ELAINE RUIZ $20,061; RUSSEL GRANET $5,878; PETER FLAMM $4,985; ANDREW C. WILK $4,889. AMOUNTS IN COLUMN (B)(III) INCLUDE TAXABLE PAYMENTS UNDER A 457(F) DEFERRED COMPENSATION PLAN: LIZA PARKER $145,834; TAMAR PODELL $89,062; LESLEY FRIEDMAN ROSENTHAL $84,376; ELAINE RUIZ $105,000; RUSSEL GRANET $75,000; RONALD AUSTIN $40,000. AMOUNTS IN COLUMN (C) INCLUDE DEFERRALS UNDER A 457(F) DEFERRED COMPENSATION PLAN: LIZA PARKER $116,667; TAMAR PODELL $89,063; LESLEY FRIEDMAN ROSENTHAL $84,374; RUSSELL GRANET $75,000; RONALD AUSTIN $40,000. PART III, 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 true true false 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: (A) ISSUER NAME: THE TRUST FOR CULTURAL RESOURCES OF THE CITY OF NEW YORK (F) DESCRIPTION OF PURPOSE: REFUND 2008A ISSUE (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 REBATE COMPUTATION FOR BOND 2008A WAS PERFORMED IN AUGUST 2013. X 18 1286444 FMV 0 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, THE FILM SOCIETY OF 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 LIVE FROM LINCOLN CENTER IS A CORNERSTONE OF PERFORMING ARTS BROADCASTING, PRESENTING THE WORLD'S GREATEST ARTISTS AND PERFORMANCES IN MUSIC, DANCE, AND THEATER FROM LINCOLN CENTER'S RENOWNED STAGES. NOW IN ITS 44TH SEASON ON PBS, THE PIONEERING SERIES HAS BEEN SEEN BY HUNDREDS OF MILLIONS OF VIEWERS SINCE ITS DEBUT AND CELEBRATED BY 17 EMMY AWARDS AND OTHER HONORS FOR ITS BROADCASTING EXCELLENCE. EPISODES AND ADDITIONAL CONTENT ARE ALSO ACCESSIBLE ONLINE. OTHER PROGRAM SERVICES FORM 990, PART III, LINE 4D EDUCATION AND OUTREACH - LINCOLN CENTER EDUCATION'S (LCE) MISSION IS TO ENRICH THE LIVES OF STUDENTS, EDUCATORS, AND LIFELONG LEARNERS BY PROVIDING OPPORTUNITIES FOR ENGAGEMENT WITH THE ARTS ONSTAGE, IN THE CLASSROOM, DIGITALLY, AND WITHIN COMMUNITIES. SINCE ITS FOUNDING IN 1975, LCES PROGRAMS AND INITIATIVES HAVE REACHED MORE THAN 20 MILLION STUDENTS, EDUCATORS, ADMINISTRATORS, PARENTS, COMMUNITY MEMBERS, AND TEACHING ARTISTS. ITS ARTS IN THE MIDDLE INITIATIVE STRIVES TO INCREASE HIGH-QUALITY ARTS EXPERIENCES IN MIDDLE SCHOOL AND BUILDS CAPACITY OF SCHOOL STAFF AND ADMINISTRATION TO PLAN AND IMPLEMENT SUSTAINABLE ARTS PROGRAMS. LINCOLN CENTERS ANNUAL SUMMER FORUM BRINGS TEACHERS FROM ALL OVER THE WORLD TOGETHER FOR THREE WEEKS OF INTENSIVE ARTS EDUCATION WORKSHOPS. LINCOLN CENTER EDUCATION ALSO PARTNERS WITH COMMUNITY-BASED ORGANIZATIONS TO PRESENT ARTISTS IN ALL FIVE BOROUGHS OF NEW YORK CITY THROUGH PROGRAMS LIKE BORO-LINC, WHICH HOSTS LIVE SHOWS AND WORKSHOPS, AND THE COMMUNITY ARTIST RESIDENCIES PROGRAM, WHICH SUPPORTS LOCAL ARTISTS COLLABORATING WITH COMMUNITIES TO INCREASE ACCESS TO TRANSFORMATIVE ART. ACCESSIBILITY AT LINCOLN CENTER IS COMMITTED TO PROVIDING ACCESS AND FULL PARTICIPATION IN THE WORLD OF LINCOLN CENTER FOR THE PERFORMING ARTS TO PATRONS, ARTISTS, AND EMPLOYEES WITH DISABILITIES. IN ITS THIRD SEASON, LINCOLN CENTER MOMENTS, AN INNOVATIVE PROGRAM DESIGNED ESPECIALLY FOR PEOPLE WITH DEMENTIA AND THEIR CAREGIVERS, PRESENTED TWELVE PERFORMANCES, EACH FOLLOWED BY INTERACTIVE WORKSHOPS. LINCOLN CENTER CONTINUES TO SET STANDARDS FOR ARTS ACCESSIBILITY THROUGH ONGOING IMPROVEMENTS TO ITS FACILITIES AND PROGRAMMING. EXPENSES $10,324,729. INCL GRANTS OF $187,500. REVENUE $866,570. GUEST AND PATRON SERVICES - 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. ITS CELEBRATED VERA LIST ART PROJECT COMMISSIONS PRIMARILY LIMITED-EDITION PRINTS AS WELL AS POSTERS FOR SALE TO THE PUBLIC. A SELECTION OF PRINTS IS ON VIEW IN THE ART GALLERY IN DAVID GEFFEN HALL'S LOWER LOBBY. EXPENSES $1,593,794. INCL GRANTS OF $0. REVENUE $412,135. NEW VENTURES AND SPECIAL PROJECTS - LINCOLN CENTER CONTINUES TO EXPERIMENT WITH NEW WAYS TO INCREASE PUBLIC ACCESS AND EXPOSURE TO HIGH QUALITY ARTS CONTENT, INCLUDING THROUGH ITS RELATIONSHIPS WITH WNET (PUBLIC TELEVISION) AND ARTS CONSULTING (FOSTERING CULTURAL EXCHANGE). EXPENSES $725,132. INCL GRANTS OF $0. REVENUE $3,653,377. TOTAL OTHER: EXPENSES $12,643,655. INCL GRANTS OF $187,500. REVENUE $4,932,082. BOARD RELATIONSHIPS FORM 990, PART VI, SECTION A, LINE 2 DIRECTOR THOMAS H. LEE AND DIRECTOR ANN TENENBAUM - FAMILY RELATIONSHIP DIRECTOR INDRA K. NOOYI AND DIRECTOR CHANDRIKA K. TANDON - FAMILY RELATIONSHIP DIRECTOR FRANK A. BENNACK, JR. AND DIRECTOR STEVE 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 2017 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 2017 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 DOES 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 OPERATING 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 FORM 990 INFORMATION RETURNS OF SUCH ORGANIZATIONS ARE ALSO CONSIDERED. NEITHER THE PRESIDENT NOR THE CHIEF OPERATING 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 FALL 2018. THE FORMS 990 OF SUCH ORGANIZATIONS ARE ALSO CONSIDERED. INDEPENDENT MEMBERS OF THE BOARD SIT AS A PERSONNEL AND COMPENSATION COMMITTEE (THE "AUTHORIZED BODY") AT SUCH INTERVALS AND ITS DELIBERATIONS, DECISIONS AND APPROVAL REGARDING COMPENSATION ARE RECORDED IN CONFIDENTIAL MINUTES TAKEN BY THE CHAIRMAN. NEITHER THE PRESIDENT NOR ANY MEMBER OF MANAGEMENT IS PRESENT AT SUCH MEETINGS, WHICH ARE 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. 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. OTHER CHANGE IN NET ASSETS FORM 990, PART XI, LINE 9 CONTRIBUTION WRITE-OFFS - $6,000,000 BAD DEBT EXPENSE WRITE-OFF - $4,421,748 ---------- - $10,421,748 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 2473331 FMV