2018-05-14T16:37:34-05:00 2017-06-30 PricewaterhouseCoopers LLP 300 Madison Avenue New York NY 10017 990 2016-07-01 136143744 THE INTERNATIONAL COUNCIL OF THE MUSEUM OF MODERN ART INC % CAROL COFFIN INTE 2127089470 11 WEST 53RD STREET NEW YORK NY 10019 BEATRIX MEDINGER TREASURER 2127089470 2018-05-14 true YING LI P01343131 6464713000 2018-05-14 155.201.188.32 13049920181345000056 2018-05-14 P A47FF8DD5715699DF48307C25ACEE32075633D08 618ACE5A638F5610B23A87A01F7C418F45FC2D61 2016 2021-01-29 14:40:06Z SHARON PERCY ROCKEFELLER 11 WEST 53RD STREET NEW YORK NY 10019 1989020 false X N/A X 1956 NY ATTACHMENT 1 35 35 3 35 0 1459080 1317164 244625 257500 101562 414356 0 0 1805267 1989020 837571 1722981 0 0 406336 406709 0 0 0 630518 652272 1874425 2781962 -69158 -792942 6195428 7040755 193739 1392213 6001689 5648542 X THE COUNCIL IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF THE MUSEUM OF MODERN ART TO DEVELOP INTERNATIONAL UNDERSTANDING IN THE FIELD OF ART, ESPECIALLY MODERN AND CONTEMPORARY VISUAL ART, THROUGH A PROGRAM OF EXHIBITIONS, NATIONAL AND INTERNATIONAL CONFERENCES, LECTURES, PUBLICATIONS, AND OTHER PROGRAMS. false false 1722981 1722981 0 A. TOTAL GRANTS PAID: $1,722,981 1. GRANTS TO MUSEUM OF MODERN ART: $1,573,650 2. TRAVEL GRANTS TO MUSEUM OF MODERN ART: $ 107,612 3. GRANTS TO OTHERS: $ 41,719 315681 0 257500 MEMBERSHIP SERVICES TO INCLUDE ANNUAL FALL AND SPRING MEETING. 23129 0 0 SUPPORT IC MOMA ANNUAL PUBLICATION 2061791 true true false false false false false false false true false false false true true false true true false false true false false false false false false true false true false false false false false false false false true false false false false true false false false true 5 0 false 3 true false false false false false false false false false false X 35 35 true false false false true true false true true false false true false false false true false false NY X CAROL COFFIN 2127089470 11 WEST 53RD STREET NEW YORK NY 10019 X X BRIAN URQUHART CHAIRMAN EMERITUS & DIRECTOR 1.0 0.0 X X 0 0 0 AGNES GUND CHAIRMAN & DIRECTOR 1.0 0.0 X X 0 0 0 JO CAROLE LAUDER PRESIDENT EMERITA & DIRECTOR 1.0 0.0 X X 0 0 0 HRH DUKE FRANZ OF BAVARIA CHAIRMAN EMERITUS & DIRECTOR 1.0 0.0 X X 0 0 0 LEWIS B CULLMAN VICE CHAIRMAN & DIRECTOR 1.0 0.0 X X 0 0 0 PONTUS BONNIER VICE PRESIDENT & DIRECTOR 1.0 0.0 X X 0 0 0 GILBERTO CHATEAUBRIAND VICE PRESIDENT & DIRECTOR 1.0 0.0 X X 0 0 0 TOSHIO HARA VICE PRESIDENT & DIRECTOR 1.0 0.0 X X 0 0 0 MRS EUGENE MCDERMOTT VICE PRESIDENT & DIRECTOR 1.0 0.0 X X 0 0 0 BEATRIX MEDINGER VICE CHAIRMAN, TREASURER & DIR 1.0 0.0 X X 0 0 0 LI CHUNG PEI VICE PRESIDENT & DIRECTOR 1.0 0.0 X X 0 0 0 LAURA LEE W WOODS VICE PRESIDENT & DIRECTOR 1.0 0.0 X X 0 0 0 VIRGINIA WRIGHT DIRECTOR 1.0 0.0 X 0 0 0 WILLIAM L BERNHARD SECRETARY & DIRECTOR 1.0 0.0 X X 0 0 0 MONIQUE BARBIER-MUELLER DIRECTOR 1.0 0.0 X 0 0 0 NELLY ARRIETA DE BLAQUIER VICE PRESIDENT & DIRECTOR 1.0 0.0 X X 0 0 0 PATRICIA PHELPS DE CISNEROS DIRECTOR 1.0 0.0 X 0 0 0 MRS AGUSTIN EDWARDS DIRECTOR 1.0 0.0 X 0 0 0 LENORE S GREENBERG DIRECTOR 1.0 0.0 X 0 0 0 GABRIELE HENKEL DIRECTOR 1.0 0.0 X 0 0 0 MARIELUISE HESSEL-ARTZT VICE PRESIDENT & DIRECTOR 1.0 0.0 X X 0 0 0 BARBARA JAKOBSON DIRECTOR 1.0 0.0 X 0 0 0 SUYDAM LANSING DIRECTOR 1.0 0.0 X 0 0 0 KATHARINE W LARSEN DIRECTOR 1.0 0.0 X 0 0 0 MARY ELLEN OLDENBURG DIRECTOR 1.0 0.0 X 0 0 0 JUSTIN ROCKEFELLER DIRECTOR 1.0 0.0 X 0 0 0 SHARON PERCY ROCKEFELLER PRESIDENT & DIRECTOR 1.0 0.0 X X 0 0 0 MRS GUIDO SCHMIDT-CHIARI DIRECTOR 1.0 0.0 X 0 0 0 PENELOPE EVATT SEIDLER DIRECTOR 1.0 0.0 X 0 0 0 MARLENE HESS DIRECTOR 1.0 0.0 X 0 0 0 LOLA MITJANS DE VILARASAU DIRECTOR 1.0 0.0 X 0 0 0 PAUL F WALTER DIRECTOR UNTIL JANUARY 2017 1.0 0.0 X 0 0 0 ERIKA HOFFMANN-KOENIGE VICE PRESIDENT & DIRECTOR 1.0 0.0 X X 0 0 0 ALEXANDRA HERZAN DIRECTOR 1.0 0.0 X 0 0 0 EMILIO AMBASZ DIRECTOR 1.0 0.0 X 0 0 0 JEANNE C THAYER PRESIDENT EMERITA 1.0 0.0 X 0 0 0 CAROL COFFIN EXECUTIVE DIRECTOR 40.0 0.0 X 179823 0 5405 179823 0 5405 1 false true false NONE 0 1190611 126553 29858 1317164 MEETING AND EVENT FEES 900099 257500 257500 257500 2043 2043 0 0 0 0 0 412313 412313 412313 412313 0 0 0 0 0 0 0 0 0 0 1989020 257500 414356 1722981 1722981 0 0 0 0 0 313766 10151 303615 0 92943 92943 0 0 2637 2637 56544 4544 52000 0 0 0 11512 1857 9655 0 8846 8846 59755 42617 17138 0 0 200000 200000 27828 27814 14 203191 201235 1956 0 0 0 0 0 BAD DEBTS 30000 30000 SECURITY CHARGES IN/OUT 1280 1280 IN-HOUSE TECH SVCS/MAINTENANCE 14254 14254 IN-HOUSE PURCH RETAIL/PUBLICAT 6149 5049 1100 30276 30009 267 2781962 2061791 720171 0 0 0 440849 709459 4155 30698 128800 124800 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5621624 6175798 6195428 7040755 96994 294550 0 0 0 0 0 0 0 0 0 0 0 0 0 0 96745 1097663 193739 1392213 X 4522223 3988493 348332 510915 1131134 1149134 6001689 5648542 6195428 7040755 -792942 439795 X false true X true false X X X 1 MUSEUM OF MODERN ART 131624100 7 true 2347095 0 1 2347095 true false false false false false false false false false false false false false false true true true X true true SCHEDULE A, PART IV, SECTION A, LINE 6 THE COUNCIL MADE A GRANT TO PS1 CONTEMPORARY ART CENTER INC. IN THE AMOUNT OF $41,719. PS1 CONTEMPORARY ART CENTER INC. IS A TYPE I SUPPORTING ORGANIZATION OF THE MUSEUM OF MODERN ART AND IS THEREFORE CONTROLLED BY THE MUSEUM OF MODERN ART. ACCORDINGLY, IN PROVIDING THE GRANT TO PS1 CONTEMPORARY ART CENTER INC., THE COUNCIL IN ESSENCE IS SUPPORTING THE MUSEUM OF MODERN ART. SCHEDULE A, PART IV, SECTION D, LINE 3 THE COUNCIL HAS ENTERED INTO A SHARED OPERATIONS AGREEMENT WITH THE MUSEUM OF MODERN ART UNDER WHICH THE MUSEUM OF MODERN ART PROVIDES CERTAIN INVESTMENT SERVICES TO THE COUNCIL. THE COUNCIL WORKS CLOSELY WITH THE MUSEUM OF MODERN ART TO ENSURE THAT THE TIMING AND CONTENT OF ITS PROGRAMMING AND OUTREACH FURTHER THE PROGRAMMATIC GOALS OF THE MUSEUM OF MODERN ART. SCHEDULE A, PART IV, SECTION E, LINE 2A THE COUNCIL'S PRIMARY ROLE IS THE CULTIVATION, IN CLOSE COLLABORATION WITH THE MUSEUM OF MODERN ART, OF AN ARRAY OF NATIONWIDE AND INTERNATIONAL RELATIONSHIPS WITH COLLECTORS, INSTITUTIONS, CURATORS, AND ARTISTS WITH THE GOAL OF ENHANCING THE REPUTATION OF THE MUSEUM OF MODERN ART ON BOTH THE NATIONAL AND INTERNATIONAL STAGE, INCLUDING THROUGH ENHANCED ACCESS TO LOANS, EXHIBITIONS, COLLABORATIONS AND GIFTS OF ART. THE COUNCIL COLLABORATES WITH THE MUSEUM OF MODERN ART WITH RESPECT TO ITS PROGRAMMING AND OPERATIONS THROUGH REGULAR COMMUNICATION WITH THE MUSEUM OF MODERN ART, INCLUDING BY THE COUNCIL'S EXECUTIVE DIRECTOR AND THE MEMBERS OF ITS BOARD OF DIRECTORS, WHICH INCLUDES FOUR MEMBERS APPOINTED BY THE MUSEUM OF MODERN ART. SCHEDULE A, PART IV, SECTION E, LINE 2B SINCE ITS FORMATION, AND IN FURTHERANCE OF ITS CHARITABLE MISSION, THE COUNCIL HAS ADVANCED THE MUSEUM OF MODERN ART'S INTERNATIONAL PROGRAMMATIC GOALS. THE COUNCIL DIRECTLY FURTHERS THE MUSEUM OF MODERN ART'S EFFORTS TO BUILD AN INTERNATIONAL NETWORK OF INSTITUTIONAL AND INDIVIDUAL CONTACTS. THE MUSEUM OF MODERN ART HAS NOTIFIED THE COUNCIL THAT IT WOULD ENGAGE IN SIMILAR ACTIVITIES IF THE COUNCIL DID NOT DO THEM. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1469466 18000 223024 75442 1635048 1625432 42000 -121053 76913 1469466 1588785 34000 73400 70753 1625432 1400579 29750 223769 65312 1588786 1255870 24015 180985 60291 1400579 0.70280 0.29720 false false -INTERNATIONAL COUNCIL FUND 2985530 -LOUISE SMITH TRAVEL FUND 840027 -ELIZABETH STREIBERT FUND 436854 -JO CAROLE LAUDER PUBL FUND 358167 -60TH ANNIVERSARY FUND 1555220 6175798 0 DUE TO MUSEUM OF MODERN ART 1097663 1097663 2428815 439795 439795 1989020 1989020 2781962 2781962 2781962 SCHEDULE D, PART V, LINE 4 - ENDOWMENT FUNDS THE INTERNATIONAL COUNCIL OF MOMA'S ENDOWMENT FUNDS CONSIST OF THREE DONOR-RESTRICTED INDIVIDUAL FUNDS. SUCH ENDOWMENTS WERE ESTABLISHED FOR THE PURPOSE OF PROVIDING A RELIABLE SOURCE OF FUNDS IN ORDER TO SUPPORT THE ORGANIZATION'S PROGRAMS OF PUBLICATIONS, PROFESSIONAL AND CURATORIAL TRAVEL AND EXCHANGE. EXPENDITURES FROM THESE DONOR-RESTRICTED FUNDS ARE LIMITED TO THE USES AND PURPOSES FOR WHICH THESE ENDOWMENTS WERE ESTABLISHED BY THE DONOR. UNDER THE DIRECTION AND APPROVAL OF THE DIRECTORS, THE ENDOWMENT FUND WILL SEEK TO MAXIMIZE LONG-TERM RETURNS CONSISTENT WITH PRUDENT LEVELS OF RISK. Europe (Including Iceland and Greenland) 1 Program Services VENICE BIENNALE 8762 Europe (Including Iceland and Greenland) Program Services SPRING EVENT 8079 1 1 16841 16841 false false false false false false true MUSEUM OF MODERN ART 11 WEST 53RD STREET NEW YORK NY 1 NEW YORK NY 10019 131624100 501(C)(3) 1681262 N/A N/A EXHIB/PUBLCTN/TRAVEL PS 1 CONTEMPORARY ART CENTER INC 46-01 21ST ST LONG ISLAND CITY NY 11101 237379091 501(C)(3) 41719 N/A N/A EXHIB/PUBLCTN/TRAVEL 2 PART I, LINE 2 - PROCEDURES FOR MONITORING GRANTS IN THE UNITED STATES OVERALL: ALL FINANCIAL OPERATIONS ARE OVERSEEN BY THE COUNCIL TREASURER AND EXYCUTIVE COMMITTEE. CASH RECEIPTS AND DISBURSEMENTS ARE REVIEWED MONTHLY BY THE EXECUTIVE DIRECTOR OF THE COUNCIL. THE MUSEUM OF MODERN ART MAKES AVAILABLE MONTHLY REPORTS ON COUNCIL INCOME AND EXPENSE, AND ON THE THREE FUNDS INVESTED BY THE MUSEUM OF MODERN ART ON THE COUNCIL'S BEHALF. ALL EXPENSES PAID BY THE MUSEUM OF MODERN ART ON THE COUNCIL'S BEHALF ARE REIMBURSED ON A QUARTERLY BASIS. BUDGETS: BUDGETS FOR ADMINISTRATION, PROGRAMS, AND GRANTS ARE REVIEWED IN THE FALL AND IN THE SPRING. VARIANCES ARE REVIEWED AND SHARED WITH THE TREASURER AND EXECUTIVE COMMITTEE. EACH GRANT REQUEST IS REVIEWED INDIVIDUALLY BY THE EXECUTIVE COMMITTEE AND RELEVANT STAFF. TRAVEL GRANT BUDGETS ARE REVIEWED BY A TRAVEL ADVISORY COMMITTEE CONSISTING OF COUNCIL MEMBER REPRESENTATIVES AND COUNCIL AND MUSEUM OF MODERN ART STAFF. PAYMENTS: PAYMENTS FOR DISBURSEMENTS RELATING TO ALL GRANT FUNDS REQUIRE APPROPRIATE SUPPORTING DOCUMENTATION BEFORE PAYMENTS ARE MADE. THE BUDGET FOR EACH TRAVEL GRANT IS REVIEWED BY APPROPRIATE STAFF AND COUNCIL COMMITTEE REPRESENTATIVES. RESTRICTIONS PLACED ON GIFTS BY DONORS ARE STRICTLY RECORDED AND RESPECTED. INTERNATIONAL PROGRAM: THE DIRECTOR OF THE INTERNATIONAL PROGRAM OF THE MUSEUM OF MODERN ART REPORTS TO THE COUNCIL ON ALL ACTIVITIES, THROUGH ITS EXECUTIVE COMMITTEE, WITH ROUTINE REPORTS TO THE MEMBERSHIP. THE INTERNATIONAL PROGRAM SERVES AS AN IMPORTANT BRIDGE BETWEEN THE MUSEUM OF MODERN ART AND THE COUNCIL. X false false false false false false false false false CAROL COFFIN EXECUTIVE DIRECTOR 179823 0 0 0 0 0 0 0 5405 0 185228 0 0 0 SCHEDULE J - PART I - COMPENSATION THE MUSEUM OF MODERN ART ADMINISTERS A SECTION 403(B) ANNUITY PLAN FOR THE EMPLOYEE OF THE COUNCIL. X SHS OF MERCK 1 7500 BOOK X SHS OF FORD MOTOR CO. 1 7358 BOOK X SHS OF COMMERCE BANCSHARES, INC. 1 7500 BOOK X SHS OF LILLY ELI & CO - SHUFRO ROSE 1 7500 BOOK false false false PART I, LINE 25, COLUMN B THE COUNCIL REPORTED 4 CONTRIBUTIONS ON PART I, LINE 25, COLUMN B FORM 990, PART VI, SECTION A, LINE 2 - GOVERNING BODY & MGMT SHARON ROCKEFELLER AND JUSTIN ROCKEFELLER ARE FAMILY MEMBERS. FORM 990, PART VI, SECTION A, LINE 6 - MEMBERS OR STOCKHOLDERS MUSEUM OF MODERN ART IS A CORPORATE MEMBER OF THE COUNCIL. FORM 990, PART VI, SECTION A, LINE 7A - ELECTION OF THE GOVERNING BODY THE VOTING MEMBERS OF THE COUNCIL HAVE THE POWER TO ELECT DIRECTORS, AND THE MUSEUM OF MODERN ART, WHICH IS THE SUPPORTED ORGANIZATION OF THE COUNCIL, HAS THE POWER TO APPOINT FOUR DIRECTORS. FORM 990, PART VI, LINE 11B - REVIEW PROCESS FOR FORM 990 THE FORM 990 WAS REVIEWED BY THE FINANCE COMMITTEE, AND THEN PRESENTED TO THE MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO THE FILING DATE. FORM 990, PART VI, LINE 12C - CONFLICT OF INTEREST POLICY IN FY17 THERE WAS NO CHANGE IN THE CONFLICT OF INTEREST POLICY. THE COUNCIL IS USING A DRAFT CONFLICT OF INTEREST POLICY AND IS WORKING ON A NEW POLICY FOR FY18. THE DRAFT POLICY IS AVAILABLE UPON REQUEST. FORM 990, PART VI, LINE 15A & 15B - COMPENSATION POLICY THE COUNCIL'S TREASURER AND PRESIDENT, BOTH OF WHOM ARE INDEPENDENT BOARD MEMBERS, REVIEW THE SALARY WITH RELEVANT EXECUTIVE COMMITTEE MEMBERS. THE EXECUTIVE DIRECTOR'S SALARY IS DETERMINED IN COMPARISON TO COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITONS AT SIMILARLY SITUATED ORGANIZATIONS. THE COMPENSATION DETERMINATION IS THEN DOCUMENTED AND COMMUNICATED TO HUMAN RESOURCES. FORM 990, PART VI, LINE 19-DOCUMENTS AVAILABLE FOR PUBLIC INSPECT THE COUNCIL'S GOVERNANCE DOCUMENTS, DRAFT CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990 PART VII, COLUMN B - AVERAGE HOURS THE COMPENSATION OF CAROL COFFIN WAS PAID THROUGH THE MASTER PAYROLL SYSTEM OF THE MUSEUM OF MODERN ART, THE SUPPORTED ORGANIZATION OF THE COUNCIL. CAROL COFFIN WORKS ON AVERAGE 40 HOURS EACH WEEK FOR THE COUNCIL. 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