SHED NYC INC: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- SHED NYC INC (EIN 90-0884353)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-07-30
- IRS object ID
- 201832119349301168
- Schema version
- 2017v2.3
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule J
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-07-30T16:38:32-05:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 345 Park Avenue | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 101540102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 900884353 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHED NYC INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % PETER GEE | InCareOfNm |
| Business Name Control | SHED | BusinessNameControlTxt |
| Phone | 6468766904 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 423 W 55TH STREET 7TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PETER GEE | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Signature | 2018-07-25 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DEVIN L DUNCAN | PreparerPersonNm |
| PTIN | P01249521 | PTIN |
| Phone | 2127589700 | PhoneNum |
| Preparation | 2018-07-23 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Principal Officer | ALEXANDER M POOTS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 423 W 55TH STREET 7TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $90,851,834 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.THESHED.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2012 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | THE ORGANIZATION WAS ESTABLISHED TO GUIDE THE CREATION AND OPERATION OF THE SHED, A VENUE THAT COMMISSIONS CULTURAL PROGRAMS AND EVENTS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 18 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 16 | VotingMembersIndependentCnt |
| Total Employee | 28 | TotalEmployeeCnt |
| Total Volunteers | 17 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $83,834,244 | PYContributionsGrantsAmt |
| CY Contributions Grants | $87,889,064 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $15,691 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,168 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $83,849,935 | PYTotalRevenueAmt |
| CY Total Revenue | $87,890,232 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,486,447 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,995,369 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $72,000 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $427,773 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,446,065 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,181,989 | PYOtherExpensesAmt |
| CY Other Expenses | $3,917,590 | CYOtherExpensesAmt |
| PY Total Expenses | $4,740,436 | PYTotalExpensesAmt |
| CY Total Expenses | $8,340,732 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $79,109,499 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $79,549,500 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $330,248,232 | TotalAssetsBOYAmt |
| Total Assets EOY | $422,448,755 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $112,987,018 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $125,638,041 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $217,261,214 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $296,810,714 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE ORGANIZATION WAS ESTABLISHED TO GUIDE THE CREATION AND OPERATION OF THE SHED, A VENUE THAT COMMISSIONS CULTURAL PROGRAMS AND EVENTS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $1,010,108 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | CONSTRUCTION OF THE SHED THE SHEDS REMARKABLE MOVABLE BUILDING IS THE FUNCTIONAL SUPPORT FOR ITS PROGRAMMATIC VISION. LIKE THE INSTITUTION, THE BUILDING IS FLEXIBLE, RESPONSIVE, AND INTENDED TO PUSH BOUNDARIES. DESIGNED BY DILLER SCOFIDIO + RENFRO IN ASSOCIATION WITH ROCKWELL GROUP, THIS INNOVATIVE STRUCTURE WILL HOLD MULTIPLE WORLD-CLASS SPACES THAT CAN BE EASILY ADAPTED TO RESPOND TO THE MOST AMBITIOUS ARTIST AND ACCOMMODATE A WIDE RANGE OF AUDIENCES. IT IS EXACTLY WHAT THE NAME SUGGESTS: "AN OPEN-ENDED STRUCTURE FILLED WITH TOOLS," DESIGNED TO SERVE ARTISTS AND AUDIENCES IN IMPACTFUL, ORIGINAL WAYS. SEE SCHEDULE O. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $479,852 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | FLEXNYC IN 2017, THE SHED CONTINUED FLEXNYC, A FREE, THREE-YEAR CITYWIDE DANCE ACTIVISM PROGRAM THAT WILL INFORM THE CREATION OF A NEW WORK TO BE PRESENTED BY THE SHED IN 2019. WITH FLEXNYC, THE SHED PARTNERS WITH NEW YORK CITY PUBLIC SCHOOLS, AFTER-SCHOOL PROGRAM PROVIDERS, AND COMMUNITY CENTERS IN NEW YORK CITY HOUSING AUTHORITY (NYCHA) DEVELOPMENTS TO PROVIDE ARTIST-LED OPPORTUNITIES FOR STUDENTS TO EXPLORE ISSUES OF SOCIAL JUSTICE THROUGH AN INTENSIVE "FLEXN" DANCE RESIDENCY. SEE SCHEDULE O. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,551,086 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | COMMISSIONED WORKS In 2017, The Shed began research and development of potential commissioned works to be presented once the building is complete. This included concept meetings with artists around developing performance and exhibition ideas, meetings with potential creative teams, site visits for artists to see The Sheds theaters and gallery spaces, scouting visits to view artists existing works, meetings with potential future partners for commissioning or production support, and travel to industry trade shows. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)
| ExpenseExpenseAmt | GrantGrantAmt | RevenueRevenueAmt | DescDesc |
|---|---|---|---|
| $1,095,475 | $0 | $0 | marketing program |
| $244,056 | $0 | $0 | other programs |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $1,339,531 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $0 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $4,380,577 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (true) | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (true) | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 80 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 28 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 18 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 16 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PETER GEE | PersonNm |
| Phone | 6468766904 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 423 W 55TH STREET 7TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (28 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| DANIEL L DOCTOROFF | ||||||||
| PRESIDENT & CHAIRMAN | 15.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DAVID DRUMMOND | ||||||||
| DIRECTOR | 0.5 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| LEWIS FRANKFORT | ||||||||
| DIRECTOR | 0.5 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTINA WEISS LURIE | ||||||||
| DIRECTOR | 0.5 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| FRANK H MCCOURT JR | ||||||||
| DIRECTOR | 0.5 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| MARIGAY MCKEE | ||||||||
| DIRECTOR (AS OF 12/17) | 0.5 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTINA MILLER | ||||||||
| DIRECTOR | 0.5 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| DARLA MOORE RAINWATER | ||||||||
| DIRECTOR | 0.5 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| COLBY MUGRABI | ||||||||
| DIRECTOR (AS OF 12/17) | 0.5 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| BENJAMIN F NEEDELL | ||||||||
| DIRECTOR | 0.5 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| ALEXANDER M POOTS | ||||||||
| CEO & ARTISTIC DIRECTOR | 40.0 | 0.0 | Yes (X) | Yes (X) | $838,566 | $0 | $31,727 | |
| STEPHEN M ROSS | ||||||||
| DIRECTOR | 0.5 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| ANDRES SANTO DOMINGO | ||||||||
| DIRECTOR | 0.5 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| HARVEY SPEVAK | ||||||||
| DIRECTOR | 0.5 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| JONATHAN M TISCH | ||||||||
| DIRECTOR | 0.5 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| DIANE VON FURSTENBERG | ||||||||
| DIRECTOR | 0.5 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| JED WALENTAS | ||||||||
| DIRECTOR | 0.5 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| DARYA ALEXANDROVNA ZHUKOVA | ||||||||
| DIRECTOR | 0.5 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| LAURIE BECKELMAN | ||||||||
| ASSOCIATE DIRECTOR & SECRETARY | 40.0 | 0.0 | Yes (X) | $370,233 | $0 | $14,110 | ||
| PETER GEE | ||||||||
| CHIEF FINANCIAL OFFICER | 40.0 | 0.0 | Yes (X) | $219,846 | $0 | $28,114 | ||
| MARYANN JORDAN | ||||||||
| CHIEF OPERATING OFFICER | 40.0 | 0.0 | Yes (X) | $463,439 | $0 | $24,484 | ||
| MARGARET HUNT | ||||||||
| CHIEF DEVELOPMENT OFFICER | 40.0 | 0.0 | Yes (X) | $108,354 | $0 | $10,149 | ||
| JEFFREY E LEVINE | ||||||||
| CHIEF MARKETING OFFICER | 40.0 | 0.0 | Yes (X) | $248,195 | $0 | $39,051 | ||
| TAMARA N MCCAW | ||||||||
| CHIEF CIVIC PROGRAM OFFICER | 40.0 | 0.0 | Yes (X) | $140,094 | $0 | $14,434 | ||
| TARA MORRIS | ||||||||
| CHIEF DEV. OFFICER (THRU 3/17) | 40.0 | 0.0 | Yes (X) | $53,161 | $0 | $2,589 | ||
| KEVIN SLAVIN | ||||||||
| CHIEF TECHNOLOGY OFFICER | 40.0 | 0.0 | Yes (X) | $182,293 | $0 | $1,040 | ||
| LAURA L ASWAD | ||||||||
| PRODUCER | 40.0 | 0.0 | $117,863 | $0 | $0 | Yes (X) | ||
| MARCELLA TAFT | ||||||||
| HEAD OF SPECIAL PROJECTS | 40.0 | 0.0 | $180,712 | $0 | $12,566 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,922,756 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $178,264 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 10 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| DILLER SCOFIDIO RENFRO ARCHITECTS | |||||
| 601 W 26TH ST SUITE 1815 | NEW YORK | NY | 10001 | ARCHITECTURE | $6,438,151 |
| HAKS ENGINEERS ARCHITECTS SURVE | |||||
| 40 WALL ST 11TH FLOOR | NEW YORK | NY | 10005 | CONSTRUCTION | $1,397,458 |
| LEVIEN COMPANY | |||||
| 570 LEXINGTON AVE | NEW YORK | NY | 10022 | CONSULTING | $814,794 |
| GELLER COMPANY | |||||
| 909 3RD AVE 16TH FLOOR | NEW YORK | NY | 10022 | ACCOUNTING | $706,221 |
| NADINE PEYSER LLC | |||||
| 200 Columbia Heights 2 | BROOKLYN | NY | 11201 | business development | $216,653 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 15 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $10,835,519 | GovernmentGrantsAmt |
| All Other Contributions | $77,053,545 | AllOtherContributionsAmt |
| Noncash Contributions | $20,027 | NoncashContributionsAmt |
| Total Contributions | $87,889,064 | TotalContributionsAmt |
| Total Program Service Revenue | $0 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Exclusion | $0 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,962,770 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,961,602 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,168 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,168 | TotalRevenueColumnAmt |
| Exclusion | $1,168 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $0 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $0 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $87,890,232 | TotalRevenueColumnAmt |
| Exclusion | $1,168 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,789,879 | TotalAmt |
| Program Services | $1,843,821 | ProgramServicesAmt |
| Management And General | $378,823 | ManagementAndGeneralAmt |
| Fundraising | $567,235 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $939,147 | TotalAmt |
| Program Services | $525,064 | ProgramServicesAmt |
| Management And General | $133,701 | ManagementAndGeneralAmt |
| Fundraising | $280,382 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $80,394 | TotalAmt |
| Program Services | $50,759 | ProgramServicesAmt |
| Management And General | $18,186 | ManagementAndGeneralAmt |
| Fundraising | $11,449 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $185,949 | TotalAmt |
| Program Services | $113,452 | ProgramServicesAmt |
| Management And General | $24,717 | ManagementAndGeneralAmt |
| Fundraising | $47,780 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $430,433 | TotalAmt |
| Management And General | $430,433 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $283,318 | TotalAmt |
| Management And General | $283,318 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $695,109 | TotalAmt |
| Management And General | $695,109 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $427,773 | TotalAmt |
| Fundraising | $427,773 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $244,057 | TotalAmt |
| Program Services | $244,057 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $532,937 | TotalAmt |
| Program Services | $532,937 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $172,899 | TotalAmt |
| Management And General | $172,899 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $56,723 | TotalAmt |
| Management And General | $56,723 | ManagementAndGeneralAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $312,030 | TotalAmt |
| Program Services | $197,665 | ProgramServicesAmt |
| Management And General | $42,734 | ManagementAndGeneralAmt |
| Fundraising | $71,631 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $169,231 | TotalAmt |
| Management And General | $169,231 | ManagementAndGeneralAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,212 | TotalAmt |
| Management And General | $4,212 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,963 | TotalAmt |
| Management And General | $55,963 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PRODUCTION EXPENSE | $872,822 | $872,822 | ||
| MISCELLANEOUS EXPENSE | $48,041 | $48,041 | ||
| SPECIAL EVENTS &PRESENTATION | $39,815 | $39,815 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,340,732 | TotalAmt |
| Program Services | $4,380,577 | ProgramServicesAmt |
| Management And General | $2,514,090 | ManagementAndGeneralAmt |
| Fundraising | $1,446,065 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,772,203 | BOYAmt |
| EOY | $3,128,391 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $103,251,715 | BOYAmt |
| EOY | $103,689,846 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,750 | BOYAmt |
| EOY | $9,750 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,340 | BOYAmt |
| EOY | $472,002 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $314,073,604 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $4,212 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $213,196,224 | BOYAmt |
| EOY | $314,069,392 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $1,079,374 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $330,248,232 | BOYAmt |
| EOY | $422,448,755 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,710,912 | BOYAmt |
| EOY | $5,948,551 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $250,000 | BOYAmt |
| EOY | $275,000 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,000,000 | BOYAmt |
| EOY | $45,000,000 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,476,967 | BOYAmt |
| EOY | $64,696,479 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,549,139 | BOYAmt |
| EOY | $9,718,011 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $112,987,018 | BOYAmt |
| EOY | $125,638,041 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $217,261,214 | BOYAmt |
| EOY | $296,810,714 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $217,261,214 | BOYAmt |
| EOY | $296,810,714 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $330,248,232 | BOYAmt |
| EOY | $422,448,755 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $79,549,500 | ReconcilationRevenueExpnssAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $41,285,773 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $33,145,469 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $69,093,835 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $83,834,244 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $87,889,064 | CurrentTaxYearAmt |
| Total | $315,248,385 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $41,285,773 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $33,145,469 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $69,093,835 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $83,834,244 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $87,889,064 | CurrentTaxYearAmt |
| Total | $315,248,385 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $143,736,432 | SubstantialContributorsTotAmt |
| Public Support Total170 | $171,511,953 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $315,248,385 | TotalSupportAmt |
| First5 Years170 | Yes (X) | First5Years170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp | |
| CY Minus3 Yr Endwmt Fund | CYMinus3YrEndwmtFundGrp | |
| CY Minus4 Yr Endwmt Fund | CYMinus4YrEndwmtFundGrp | |
| Land | LandGrp |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $313,991,723 | OtherCostOrOtherBasisAmt |
| Depreciation | $0 | DepreciationAmt |
| Book Value | $313,991,723 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovementsGrp |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $81,881 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,212 | DepreciationAmt |
| Book Value | $77,669 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Land Buildings | OtherLandBuildingsGrp | |
| Total Book Value Land Buildings | $314,069,392 | TotalBookValueLandBuildingsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RETAINAGE PAYABLE | Desc |
| Amt | $9,718,011 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $9,718,011 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $88,591,484 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $701,252 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $701,252 | RevenueNotReportedAmt |
| Revenue Subtotal | $87,890,232 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $87,890,232 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $9,041,984 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $701,252 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $701,252 | ExpensesNotReportedAmt |
| Expenses Subtotal | $8,340,732 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $8,340,732 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE D, PART X, LINE 2 | FormAndLineReferenceDesc |
| Explanation | UNCERTAIN TAX POSITIONS Shed NYC, Inc. is exempt from federal income taxes under the provisions of Section 501(c)(3) of the Internal Revenue Code. Accordingly, it is not subject to federal income tax. Shed NYC, Inc. is also exempt from state and local income taxes. Income generated from activities unrelated to Shed NYC, Inc.'s exempt purpose is subject to tax under Internal Revenue Code Section 511. During the year ended December 31, 2017, The Shed did not recognize any unrelated business income tax. The Shed recognizes the effect of income tax positions only if those tax positions are more likely than not of being sustained. | ExplanationTxt |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Govt Grants | Yes (X) | SolicitationOfGovtGrantsInd |
| Agrmt Prof Fundraising Acty | Yes (true) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | ActivityActivityTxt | Fundraiser Control Of FundsFundraiserControlOfFundsInd | Retained By ContractorRetainedByContractorAmt | Net To OrganizationNetToOrganizationAmt |
|---|---|---|---|---|---|---|---|
| NADINE PEYSER | |||||||
| 200 Columbia Heights 2 | Brooklyn | NY | 11201 | FUNDRAISING COUNSEL | false | $216,653 | -$216,653 |
| SUSAN COURTEMANCHE | |||||||
| 40 Powder Horn Hill Road | Wilton | CT | 06897 | FUNDRAISING COUNSEL | false | $120,000 | -$120,000 |
| WALNUT HILL MEDIA LLC | |||||||
| 667 Madison Avenue | New York | NY | 10065 | FUNDRAISING COUNSEL | false | $72,000 | -$72,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $408,653 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$408,653 | TotalNetToOrganizationAmt |
| Licensed States | NY | LicensedStatesCd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE G, PART I, LINE 2B | FormAndLineReferenceDesc |
| Explanation | PROFESSIONAL FUNDRAISERS NAME OF FUNDRAISER: NADINE PEYSER ADDRESS OF FUNDRAISER: 200 Columbia Heights, #2, Brooklyn, NY 11201 AMOUNT PAID TO (OR RETAINED BY) FUNDRAISER: $18,000 PER MONTH FLAT FEE ARRANGEMENT PLUS ELIGIBLE EXPENSE REIMBURSEMENTS. NAME OF FUNDRAISER: SUSAN COURTEMANCHE ADDRESS OF FUNDRAISER: 40 Powder Horn Hill Road, Wilton, CT 06897 AMOUNT PAID TO (OR RETAINED BY) FUNDRAISER: $15,000 PER MONTH FLAT FEE ARRANGEMENT PLUS ELIGIBLE EXPENSE REIMBURSEMENTS. NAME OF FUNDRAISER: WALNUT HILL MEDIA LLC ADDRESS OF FUNDRAISER: 667 MADISON AVE, NEW YORK, NY 10065 AMOUNT PAID TO (OR RETAINED BY) FUNDRAISER: $15,000 PER MONTH FLAT FEE ARRANGEMENT PLUS ELIGIBLE EXPENSE REIMBURSEMENTS - 40% OF TOTAL BILLING IS ALLOCATED TO FUNDRAISING SERVICES AND THE REMAINING 60% IS ALLOCATED TO NON-FUNDRAISING PROFESSIONAL SERVICES. THE INITIAL TERM FOR THE ARRANGEMENT COMMENCED ON APRIL 1, 2013 AND LASTED THROUGH DECEMBER 31, 2013. THE CONTRACT HAS BEEN AUTOMATICALLY RENEWED IN SIX MONTH INTERVALS SINCE 2013 AND WILL CONTINUE UNLESS EITHER SIDE GIVES WRITTEN TERMINATION NOTICE. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | false | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ALEXANDER M POOTS | ||||||||||||||
| CEO & ARTISTIC DIRECTOR | $694,566 | $0 | $0 | $0 | $144,000 | $0 | $0 | $0 | $31,727 | $0 | $870,293 | $0 | $0 | $0 |
| LAURIE BECKELMAN | ||||||||||||||
| ASSOCIATE DIRECTOR & SECRETARY | $370,233 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $14,110 | $0 | $384,343 | $0 | $0 | $0 |
| PETER GEE | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $219,846 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $28,114 | $0 | $247,960 | $0 | $0 | $0 |
| MARYANN JORDAN | ||||||||||||||
| CHIEF OPERATING OFFICER | $403,439 | $0 | $0 | $0 | $60,000 | $0 | $0 | $0 | $24,484 | $0 | $487,923 | $0 | $0 | $0 |
| JEFFREY E LEVINE | ||||||||||||||
| CHIEF MARKETING OFFICER | $248,195 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $39,051 | $0 | $287,246 | $0 | $0 | $0 |
| TAMARA N MCCAW | ||||||||||||||
| CHIEF CIVIC PROGRAM OFFICER | $140,094 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $14,434 | $0 | $154,528 | $0 | $0 | $0 |
| KEVIN SLAVIN | ||||||||||||||
| CHIEF TECHNOLOGY OFFICER | $182,293 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1,040 | $0 | $183,333 | $0 | $0 | $0 |
| MARCELLA TAFT | ||||||||||||||
| HEAD OF SPECIAL PROJECTS | $180,712 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $12,566 | $0 | $193,278 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE J, PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | HOUSING ALLOWANCE IN 2017, THE SHED PROVIDED A HOUSING ALLOWANCE TO THE CHIEF EXECUTIVE OFFICER AND CHIEF OPERATING OFFICER PURSUANT TO THE TERMS UNDER THEIR RESPECTIVE EMPLOYMENT AGREEMENTS. THESE AMOUNTS ARE INCLUDED IN THE OFFICERS' TAXABLE WAGES AND REPORTED ON SCHEDULE J, PART II, COLUMN (B)(III). | ExplanationTxt |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (2 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan To OrganizationLoanToOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd | Loan From OrganizationLoanFromOrganizationInd |
|---|---|---|---|---|---|---|---|---|
| STEPHEN M ROSS | ||||||||
| SEE PART V | SEE PART V | Yes (X) | $45,000,000 | $45,000,000 | false | Yes (true) | Yes (true) | |
| MARYANN JORDAN | ||||||||
| SEE PART V | SEE PART V | $0 | $9,750 | false | Yes (true) | Yes (true) | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $45,009,750 | TotalBalanceDueAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE L, PART II | FormAndLineReferenceDesc |
| Explanation | LOANS TO AND FROM INTERESTED PERSONS NAME OF PERSON: STEPHEN M. ROSS RELATIONSHIP WITH ORGANIZATION: DIRECTOR PURPOSE OF LOAN: CONSTRUCTION LOAN NAME OF PERSON: MARYANN JORDAN RELATIONSHIP WITH ORGANIZATION: CHIEF OPERATING OFFICER PURPOSE OF LOAN: REFUNDABLE SECURITY DEPOSIT SCHEDULE L, PART II, COLUMN I ON OCTOBER 15, 2015, THE SHED EXECUTED A $45 MILLION LOAN AGREEMENT WITH THE CHAIRMAN OF THE DEVELOPER. THE LOAN IS INTEREST FREE AND WILL MATURE ON OCTOBER 15, 2022. IN 2014, THE SHED RECEIVED $10 MILLION REPRESENTING A PORTION OF THE LOAN, WHICH IS REPORTED AS LOAN PAYABLE AS OF DECEMBER 31, 2017. IN 2015, THE SHED RECEIVED $35 MILLION REPRESENTING THE REMAINING PORTION OF THE LOAN AGREEMENT, WHICH CONTINUES TO BE REPORTED AS LOAN PAYABLE AS OF DECEMBER 31, 2017 IN THE ACCOMPANYING BALANCE SHEET. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 4A | CONSTRUCTION OF THE SHED BY THE END OF 2017, THE EXTERIOR ENCLOSURE OF THE FIXED BUILDING WAS SUBSTANTIALLY COMPLETED AND THE ENCLOSURE OF THE SHED IS TAKING SHAPE. ON THE FIXED BUILDING, THE GLASS-PANEL CURTAINWALL ON THE NORTH AND SOUTH FACADES WAS PUT IN PLACE AND SKYLIGHT FRAMING AND GLASS INSTALLED, WHICH LARGELY COMPLETED THE FIXED BUILDING ENCLOSURE. THE SHED'S Ethylene tetrafluoroethylene (ETFE) POLYMER "PILLOWS" COVER MORE THAN HALF OF THE EAST FACADE, AND FRAMES FOR THE SHEDS NORTH DOORS WERE INSTALLED. The Project is now about 62% complete, and has achieved these milestones: - In Tower D, interior framing and mechanical rough-ins were completed up to Level 11. - In the Fixed Building, the concrete jack-up slabs were completed in both Levels 6 and 8, and mechanical rough-ins are currently in progress on all floors. - In the Shed, lighting and mechanical ducts were completed. Air units for all ETFE pillows were installed. - The contractor for The Shed's huge theatrical shades tested smaller mockups of specific components in preparation for a full-scale test of the shades in January. FORM 990, PART III, LINE 4B FLEXNYC IN WEEKLY WORKSHOPS LED BY FLEXN DANCERS, STUDENTS EXPLORE THE VARIETY OF FLEXN STYLES AND CELEBRATE THE BROOKLYN-BORN DANCE MOVEMENT AS A UNIVERSAL PLATFORM FOR SELF-EXPRESSION. FLEXNYC PROVIDES OPPORTUNITIES FOR STUDENTS TO CONFRONT CHALLENGING ISSUES, BUILD CONFIDENCE AND SELF-AWARENESS, AND EXPLORE AND COMMUNICATE PERSONAL AND COLLECTIVE NARRATIVES. Form 990, Part III, Line 4D Marketing Program IN 2017, THE SHEDS MARKETING PROGRAM DEVELOPED THE FIRST PHASE OF A VISUAL IDENTITY FOR THE ORGANIZATION, LAUNCHED SOCIAL MEDIA ACCOUNTS, ACTIVATED A MEDIA RELATIONS STRATEGY, AND MADE ITS FIRST INSTITUTIONAL PRESS ANNOUNCEMENT. |
| FORM 990, PART VI, SECTION A, LINE 2 | RELATIONSHIPS BETWEEN BOARD MEMBERS BOARD MEMBERS STEPHEN M. ROSS AND HARVEY SPEVAK HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF FORM 990 FORM 990 IS PROVIDED TO THE ENTIRE BOARD OF DIRECTORS OF THE ORGANIZATION FOR REVIEW BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY REVIEW IMMEDIATELY UPON ELECTION TO THE BOARD, ALL DIRECTORS SHALL DISCLOSE ANY RELEVANT INTEREST WHICH MAY POSE CONFLICT OF INTEREST QUESTIONS, DISCLOSURE SHALL INCLUDE ANY INTEREST, FINANCIAL OR OTHERWISE, IN ANY CORPORATION, ORGANIZATION, OR PARTNERSHIP WHICH PROVIDES PROFESSIONAL OR OTHER SERVICES TO THE CORPORATION. WHEN ANY MATTER COMES BEFORE THE BOARD OR ANY COMMITTEE OF THE BOARD IN WHICH A DIRECTOR HAS AN INTEREST, THE DIRECTOR WHO HAS AN INTEREST SHALL PROMPTLY AND FULLY DISCLOSE HIS OR HER INTEREST TO THE BOARD OR COMMITTEE PRIOR TO ITS ACTING ON THE MATTER. SUCH DISCLOSURE SHALL INCLUDE ANY RELEVANT AND MATERIAL FACTS KNOWN TO SUCH PERSON ABOUT THE CONTRACT OR TRANSACTION THAT MIGHT REASONABLY BE CONSTRUED TO BE ADVERSE TO THE CORPORATION. BOARD MEMBERS ARE REQUIRED, ANNUALLY, TO SIGN AN AFFIDAVIT TO DISCLOSE WHETHER OR NOT A CONFLICT EXISTS. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION REVIEW COMPENSATION FOR THE CEO & ARTISTIC DIRECTOR AND THE COO ARE REVIEWED AND DETERMINED ANNUALLY BY THE SHED'S INDEPENDENT BOARD OF DIRECTORS. COMPENSATION FOR OTHER SENIOR MANAGEMENT POSITIONS BELOW THE EXECUTIVE LEVEL ARE REVIEWED AND DETERMINED BY THE CEO AND COO. COMPENSATION REVIEW INCLUDES INPUT FROM INDEPENDENT SOURCES AND COMPARATIVE DATA FROM SIMILARLY SITUATED ORGANIZATIONS. THE APPROVAL PROCESS IS CONTEMPORANEOUSLY DOCUMENTED IN THE BOARD MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS TO THE PUBLIC THE ORGANIZATION MAKES ITS CERTIFICATE OF INCORPORATION, BYLAWS, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. REQUESTS FOR REVIEWING THE ORGANIZATION'S DOCUMENTS SHOULD BE ADDRESSED TO THE ORGANIZATION IN CARE OF PETER GEE AS NOTED IN PART VI, SECTION C, LINE 20. |
| FORM 990, PART XII, LINE 2C | OVERSIGHT PROCESS AN AUDIT COMMITTEE WAS ESTABLISHED IN 2014. THE PRINCIPAL FUNCTIONS OF THE COMMITTEE ARE TO OVERSEE THE CORPORATION'S ACCOUNTING AND FINANCIAL AND TAX REPORTING PROCESSES, THE AUDIT OF THE CORPORATION'S FINANCIAL STATEMENTS AND THE WORK OF ITS INDEPENDENT AUDITORS, AND TO VERIFY THE PRESENCE OF RELIABLE AND COMPLIANT ACCOUNTING, FINANCIAL REPORTING, AND INTERNAL CONTROL POLICIES AND PRACTICES. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CULTURE SHED LESSEE LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 423 W 55TH STREET 7TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 900884353 | EIN |
| Primary Activities | LEASING ENTIT | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHED NYC INC | BusinessNameLine1Txt |
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