2017-05-09T13:28:08-05:00 2016-06-30 271728945 PKF O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2015-07-01 112278998 QUEENS MUSEUM OF ART QUEE 7185929700 NYC BLDGFLUSHING MEADOWS CORONAPARK QUEENS NY 11368 LAURA RAICOVICH EXECUTIVE DIRECTOR 7185929700 2017-05-09 1 GARRETT M HIGGINS P00543209 2122862600 2015 2021-01-29 14:40:06Z QUEENS MUSEUM LAURA RAICOVICH NYC BLDGFLUSHING MEADOWS CORONAPARK QUEENS NY 11368 5083241 0 X WWW.QUEENSMUSEUM.ORG X 1972 NY SEE SCHEDULE O 26 26 158 34 0 0 6141168 4127814 371949 424741 5472 36879 -6296 236131 6512293 4825565 17977 17258 0 0 3118673 3483765 20000 13000 410972 3044836 2956888 6201486 6470911 310807 -1645346 44591995 42696668 460639 588404 44131356 42108264 X THE QUEENS MUSEUM IS DEDICATED TO PRESENTING THE HIGHEST QUALITY VISUAL ARTS AND EDUCATIONAL PROGRAMMING FOR PEOPLE IN THE NEW YORK METROPOLITAN AREA, AND PARTICULARLY FOR THE RESIDENTS OF QUEENS, A UNIQUELY DIVERSE ETHNIC, CULTURAL AND INTERNATIONAL COMMUNITY.THE MUSEUM FULFILLS ITS MISSION BY DESIGNING AND PROVIDING ART EXHIBITIONS AND EDUCATIONAL EXPERIENCES THAT PROMOTE THE APPRECIATION AND ENJOYMENT OF ART, SUPPORT THE CREATIVE EFFORTS OF ARTISTS, AND ENHANCE THE QUALITY OF LIFE THROUGH INTERPRETING, COLLECTING, AND EXHIBITING ART, ARCHITECTURE, AND DESIGN.THE QUEENS MUSEUM PRESENTS ARTISTIC AND EDUCATIONAL PROGRAMS AND EXHIBITIONS THAT DIRECTLY RELATE TO THE CONTEMPORARY URBAN LIFE OF ITS CONSTITUENTS WHILE MAINTAINING THE HIGHEST STANDARDS OF PROFESSIONAL, INTELLECTUAL, AND ETHICAL RESPONSIBILITY. 0 0 2742786 424741 EXHIBITIONS THE FOLLOWING EXHIBITIONS ATTRACTED MORE VISITORS THAN EVER BEFORE IN THE MUSEUM'S HISTORY:ZHANG HONGTU: THE FIRST U.S. SURVEY OF HIS WORK, ZHANG HONGTU INCLUDED PIECES FROM THE LATE 1950S TO THE PRESENT, CHRONICLING ZHANG'S ART-MAKING FROM HIS EARLY DAYS IN CHINA, TO HIS PURSUIT OF ARTISTIC FREEDOM IN THE WEST. FEATURING MORE THAN 90 OBJECTS, ZHANG HONGTU SHOWCASED THE ARTIST'S MULTIFACETED AND UNCEASING CREATIVITY IN DIVERSE STYLES AND MEDIA. THE EARLIEST WORKS DATE FROM ZHANG'S ART STUDIES AS A YOUTH IN BEIJING, AND FOLLOW HIS LIFE DURING CHAIRMAN MAO ZEDONG'S CULTURAL REVOLUTION. AS MUSLIMS, ZHANG AND HIS FAMILY SUFFERED PARTICULARLY HARSH TREATMENT DURING MAO'S RULE, AND THE EXPERIENCES OF THE CULTURAL AND POLITICAL CLIMATE OF HIS YOUTH FUEL HIS CRITIQUES OF SYSTEMS OF POWER TO THIS DAY.HEY HO! LET'S GO! THE RAMONES AND THE BIRTH OF PUNK: ON THE 40TH ANNIVERSARY OF THE RELEASE OF THEIR FIRST ALBUM, THE QUEENS MUSEUM AND THE GRAMMY MUSEUM PARTNERED TO PRESENT AN UNPRECEDENTED TWO-PART EXHIBITION CELEBRATING THE LASTING INFLUENCE OF PUNK ROCK PROGENITORS THE RAMONES. THE EXHIBITION AT THE QUEENS MUSEUM EXPLORED THE RAMONES' ROOTS IN QUEENS AND THEIR ASCENDANCY IN BOTH MUSIC AND VISUAL CULTURE, AND DEMONSTRATED THEIR REMARKABLE INFLUENCE ON MUSIC, FASHION, FINE ART, COMICS, AND FILM.QUEENS INTERNATIONAL 2016: A TRADITION SINCE 2001, QUEENS INTERNATIONAL IS THE MUSEUM'S BIANNUAL EXHIBITION OF ARTISTS LIVING OR WORKING IN QUEENS. WHILE EACH ITERATION HAS ITS OWN CURATORIAL TEAM AND VISION, WHAT REMAINS CONSTANT IS THE CENTRAL AIM OF HIGHLIGHTING AND CONTEXTUALIZING THE ARTISTIC VIBRANCY OF THE BOROUGH THROUGH CONTEMPORARY CULTURAL PRODUCTIONS IN ALL MEDIA. MANY OF THE 34 PARTICIPATING ARTISTS, COLLECTIVES, AND PARTNER ORGANIZATIONS, USE PERFORMANCE-BASED AND SITE-SPECIFIC APPROACHES TO ACTIVATE THE MUSEUM'S ARCHITECTURAL AND HISTORICAL CONTEXT. ONGOING PROJECTS IN QUEENS INTERNATIONAL 2016 INCLUDE EXPERIMENTAL AND OFTEN PARTICIPATORY EVENTS, GENRE-BENDING MUSICAL CONCERTS, AND INTERNATIONAL COLLABORATIONS BETWEEN QUEENS ARTISTS AND THEIR GLOBAL COUNTERPARTS. NONSTOP METROPOLIS: THE REMIX: IN THE SPRING OF 2016, THE QUEENS MUSEUM LAUNCHED A MULTI-FACETED PROJECT IN COLLABORATION WITH RENOWNED WRITER, HISTORIAN, AND ACTIVIST, REBECCA SOLNIT. SOLNIT IS THE AUTHOR OF 15 BOOKS ABOUT ENVIRONMENT, LANDSCAPE, COMMUNITY, ART, POLITICS, THE POWER OF STORIES, AND HOPE. TWO NEW ARTWORKS WERE CREATED FOR THE QUEENS MUSEUM BY ARTISTS MARIAM GHANI AND DUKE RILEY, INSPIRED BY ESSAYS IN SOLNIT AND JELLY-SCHAPIRO'S FORTHCOMING NEW YORK CITY ATLAS, WHICH RESPECTIVELY FOCUS ON THE LINGUISTIC DIVERSITY OF QUEENS AND WATER AND POWER. 1211680 17258 21587 EDUCATION THE QUEENS MUSEUM'S EDUCATION DEPARTMENT SERVES A WIDE RANGE OF PARTICIPANTS RANGING FROM 28,000 PUBLIC SCHOOL STUDENTS TO THOUSANDS OF SENIORS, RECENT ADULT IMMIGRANTS, AND PEOPLE WITH SPECIAL NEEDS. NEW NEW YORKERS, OUR GROUNDBREAKING EDUCATION PROGRAM FOR RECENT ADULT IMMIGRANTS OFFERED IN PARTNERSHIP WITH THE QUEENS LIBRARY OFFERS A RANGE OF WORKSHOP SERIES TAUGHT IN NINE LANGUAGES; QUEENS TEENS, OUR AWARD-WINNING AFTER SCHOOL PROGRAM OFFERS PAID YEAR-LONG APPRENTICESHIPS FOR STUDENTS WHO LIVE IN OR ATTEND HIGH SCHOOL IN QUEENS; ARTACCESS, AN ARRAY OF ART EDUCATION PROGRAMMING FOR CHILDREN AND ADULTS WITH SPECIAL NEEDS SERVES MORE THAN 5,000 PEOPLE EVERY YEAR WITH VARYING PHYSICAL, EMOTIONAL AND COGNITIVE ABILITIES AS WELL AS CHILDREN AND FAMILIES ON THE AUTISM SPECTRUM; FAMILY PROGRAMS, FREE, WEEKLY DROP-IN ART WORKSHOPS; SENIOR PROGRAMS, PROVIDING MANY OF THE BOROUGH'S SENIOR CITIZENS WHO ARE UNABLE TO TRAVEL LONG DISTANCES WITH A RANGE OF ART-MAKING ACTIVITIES BOTH ON SITE AND REMOTELY; SCHOOL PROGRAMS, A ROSTER OF ACTIVITIES FOR SCHOOL STUDENTS IN ALL FIVE BOROUGHS, INCLUDING SCHOOL TOURS, IN-SCHOOL RESIDENCIES WITH TEACHING ARTISTS AND AFTER-SCHOOL PROGRAMS; AND FINALLY, THE BIG SUMMER ART THING FOR KIDS, A SERIES OF TWO-WEEK LONG AFFORDABLE, ARTS EDUCATION CAMP SESSIONS FOR CHILDREN AGES 7-12.MUCH OF OUR DEVELOPMENT WORK IN THE EDUCATION DEPARTMENT IS FOCUSED ON OUR MOVE TOWARD THE OPENING OF THE QUEENS LIBRARY @ QUEENS MUSEUM BRANCH LIBRARY. EXPECTED TO OPEN BY 2019, WE ARE EXPANDING AND DEEPENING OUR COLLABORATION WITH THE LIBRARY IN ORDER TO LAY THE GROUNDWORK THAT WILL BE CRUCIAL TO CREATING A FULLY INTEGRATED MUSEUM AND LIBRARY SERVICE MODEL FOR OUR LOCAL COMMUNITY. 954604 PUBLIC PROGRAMS AND COMMUNITY ENGAGEMENTINTEGRAL TO OUR EFFORTS TO ESTABLISH DEEP AND LASTING RELATIONSHIPS WITH OUR LOCAL COMMUNITY, THE PUBLIC PROGRAMS AND COMMUNITY ENGAGEMENT DEPARTMENT IS STAFFED BY COMMUNITY ORGANIZERS AND CULTURAL PRODUCERS WHO RUN A SERIES OF ON AND OFF-SITE PROGRAMS WITH MORE THAN 70 COMMUNITY BASED PARTNERS. THESE INCLUDE, IMMIGRANT MOVEMENT INTERNATIONAL, CORONA, TANIA BRUGUERA'S SOCIAL ART PROJECT THAT HAS TAKEN THE FORM OF A COMMUNITY CENTER, IMMIGRATION THINK-TANK, AND LIVING PERFORMANCE; CORONA PLAZA, A PARTNERSHIP BETWEEN THE QUEENS MUSEUM, LOCAL ELECTED OFFICIALS, BUSINESSES AND COMMUNITY BASED ORGANIZATIONS TO PROVIDE SEASONAL ACTIVITIES AND EVENTS THAT BENEFIT THE LOCAL COMMUNITY AND TO TRANSFORM CORONA PLAZA INTO A VIABLE PUBLIC SPACE NOW IN THE MIDST OF REDESIGN BY THE DEPARTMENT OF TRANSPORTATION, AND STUDIO IN THE PARK, A RESIDENCY PROGRAM DEVELOPED BY QUEENS MUSEUM AND ARTBUILT WHICH PROVIDES AN ARTIST OR ARTIST COLLECTIVE USE OF A 150 SQUARE FOOT MOBILE STUDIO SPACE SITUATED WITHIN A PUBLIC PARK IN NYC TO CARRY OUT A PUBLIC ART PROJECT OVER THE COURSE OF 4-6 WEEKS.PUBLIC PROGRAMS DEPARTMENT ALSO OFFERS A FULL SLATE OF PUBLIC ACTIVITIES AND PROGRAMS THAT SUPPLEMENT OUR UPCOMING EXHIBITIONS. THESE PROGRAMS, WHICH INCLUDE OUR SUMMER MUSIC, DANCE AND FILM SERIES, PASSPORT THURSDAYS, AS WELL AS LECTURES, SYMPOSIUMS, AND CELEBRATIONS, THAT ENHANCE EACH OF OUR EXHIBITIONS AND HELP ENSURE MORE OF A CONNECTION BETWEEN OUR LOCAL COMMUNITY AND THE MUSEUM. 4909070 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 116 0 158 1 0 0 0 0 0 1 1 0 0 0 0 X 26 26 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X JULIE LOU DIRECTOR OF FINANCE 7185929700 FLUSHING MEADOWS CORONA PARK QUEENS NY 113683398 PETER MEYER CHAIRMAN 2.00 X X 0 0 0 ANDREW KIRBY VICE CHAIRMAN THRU 9/24/2015 1.00 X X 0 0 0 ANDREW LEVINE TREASURER 2.00 X X 0 0 0 MURRAY TARNAPOLL SECRETARY THRU MAY 2016 0.50 X X 0 0 0 AMY D'AMATO SECRETARY AS OF MAY 2016 1.00 X X 0 0 0 MARK COLEMAN VICE CHAIRMAN 1.00 X X 0 0 0 ANNALIESE KAMBOUR TRUSTEE 0.50 X 0 0 0 ALAN SUNA TRUSTEE 0.50 X 0 0 0 CHRISTINE CIAMPA TRUSTEE 0.50 X 0 0 0 DANIEL LOWY TRUSTEE 0.50 X 0 0 0 DIEGO SALAZAR TRUSTEE THRU APRIL 2016 0.50 X 0 0 0 ELLIOT PARK TRUSTEE 0.50 X 0 0 0 GRETCHEN WERWAISS TRUSTEE 2.00 X 0 0 0 HARVEY ROSS TRUSTEE 0.50 X 0 0 0 JACQUIE HEMMERDINGER TRUSTEE 1.00 X 0 0 0 MARC KRAMER TRUSTEE 1.00 X 0 0 0 MARGARETTE LEE TRUSTEE 0.50 X 0 0 0 PAULA KIRBY TRUSTEE 0.50 X 0 0 0 ROBERT WANN TRUSTEE 0.50 X 0 0 0 SETH KUPFERBERG TRUSTEE 0.50 X 0 0 0 SHAILJA KOUFAKIS TRUSTEE 0.50 X 0 0 0 SUSAN L BROWNING TRUSTEE 0.50 X 0 0 0 SIGMUND R BALKA TRUSTEE 1.50 X 0 0 0 SHIBBER KHAN TRUSTEE 0.50 X 0 0 0 STEVEN VAN ANDEN TRUSTEE 0.50 X 0 0 0 THERESA KELLY TRUSTEE 0.50 X 0 0 0 VICTORIA SCHNEPS-YUNIS TRUSTEE 0.50 X 0 0 0 THOMAS CHEN TRUSTEE 3.00 X 0 0 0 SUSAN CHOO TRUSTEE 0.50 X 0 0 0 DAVID STRAUSS DEPUTY DIRECTOR 40.00 X 104816 0 30296 DEBRA WIMPFHEIMER DEPUTY DIRECTOR 40.00 X 106312 0 20185 JULIE LOU DIRECTOR OF FINANCE 40.00 X 80052 0 27347 LAURA RAICOVICH EXECUTIVE DIRECTOR 40.00 X 175339 0 20423 466519 0 98251 3 0 1 0 0 1817 179755 2129049 1817193 1664 4127814 ADMISSIONS & WORKSHOPS 713990 424741 424741 424741 36879 36879 807 807 279765 113923 165842 165842 165842 170000 179755 122166 47834 47834 43174 21587 21587 21587 OTHER INCOME 900099 61 61 61 4825565 446328 0 251423 17258 17258 574744 418819 105242 50683 2196375 1599027 403182 194166 160661 117074 29419 14168 295034 214993 54024 26017 256951 187241 47051 22659 14501 11017 2946 538 2096 2096 13000 13000 273390 149699 106397 17294 7861 7413 125 323 275873 238572 23315 13986 50832 36907 12147 1778 74094 32463 41631 74787 57552 16551 684 26581 21348 3664 1569 1445665 1219746 189974 35945 4945 2189 2756 HONORARIA 323720 245950 65767 12003 EQUIPMENT MAINTENANCE 187817 164946 20706 2165 EXHIBITION FEES & EXPEN 139874 121346 16420 2108 BOOKS & PUBLICATIONS 24728 24728 30124 18686 9552 1886 6470911 4909070 1150869 410972 701016 464293 390209 256559 1991654 1506997 76992 56607 29301 51085830 11789052 40262606 39296778 1112911 1142740 44591995 42696668 405481 535363 55158 53041 460639 588404 X 787806 721614 42800511 40843611 543039 543039 44131356 42108264 44591995 42696668 X -1645346 -6434 -371313 X X 0 1 X 1 0 X 10882943 14407937 16682096 6141168 4127814 52241958 264164 949995 1214159 10882943 14407937 16682096 6405332 5077809 53456117 53456117 35599 11754 66020 119692 317451 550516 47835 47835 8018 13272 6126 1960 61 29437 54083905 1914886 0.98840 0.99460 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: CAFE SALES - 2011 AMOUNT: $ 6,525. 2012 AMOUNT: $ 12,988. 2014 AMOUNT: $ 98. HONORARIA - 2011 AMOUNT: $ 1,493. OTHER INCOME - 2012 AMOUNT: $ 284. 2014 AMOUNT: $ 1,362. 2015 AMOUNT: $ 61. TAX REFUND - 2013 AMOUNT: $ 6,126. ENERGY REBATE - 2014 AMOUNT: $ 500. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 2096 2096 0 PART II-B, LINE 1: THE QUEENS MUSEUM IS PART OF THE NYC CULTURAL INSTITUTIONS GROUP (CIG), A CONSORTIUM OF 33 CULTURAL INSTITUTIONS ON CITY-OWNED PROPERTY. AS A GROUP, THE CIG EMPLOYS A LOBBYIST WHO DOES ADVOCACY WORK AROUND ISSUES PERTAINING TO OUR INSTITUTIONS AND CONSTITUENCIES. X X X X X PROVIDE ONGOING EDUCATION 0 545601 -3326 542275 544820 781 545601 544759 61 544820 544742 17 544759 544843 40 -141 544742 1.00000 0 0 50798758 11551858 39246900 236253 186375 49878 50819 50819 0 39296778 X 6164161 -6434 1209519 135510 1338595 4825566 0 4825566 8187253 1209519 506823 1716342 6470911 0 6470911 PART III, LINE 1A: IN CONFORMITY WITH PRACTICES FOLLOWED BY MANY MUSEUMS, ART OBJECTS PURCHASED OR DONATED ARE NOT CAPITALIZED. THE MUSEUM'S ART COLLECTION CONSISTS PRIMARILY OF AMERICAN CONTEMPORARY PAINTINGS, WORKS ON PAPER, PHOTOGRAPHS AND WORLD'S FAIR ARTIFACTS. THE MUSEUM CARRIED INSURANCE COVERAGE IN AMOUNTS EQUAL TO THE ESTIMATED VALUE OF THE COLLECTION AS WELL AS SUFFICIENT COVERAGE FOR COLLECTIONS ON LOAN. IT IS THE POLICY OF THE MUSEUM TO HOLD ITS COLLECTIONS FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE, RATHER THAN FINANCIAL GAIN. ANY PROCEEDS FROM THE SALE OF COLLECTION ITEMS ARE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. PART III, LINE 4: THE QMA COLLECTION CONSISTS OF THREE PARTS: 1. THE 1939-40 AND 1964-65 NEW YORK WORLD'S FAIR ARCHIVES. NOTABLY, THIS INCLUDES THE PANORAMA OF THE CITY OF NEW YORK, A 9,335 SQUARE FOOT ARCHITECTURAL MODEL THAT REPRESENTS EVERY BUILDING IN NEW YORK CONSTRUCTED BEFORE 1992 AT A SCALE OF 1:1200 (ONE INCH = 100 FEET). BUILT BY ROBERT MOSES FOR THE 1964 WORLD'S FAIR, IN PART AS A CELEBRATION OF THE CITY'S MUNICIPAL INFRASTRUCTURE IN ALL FIVE BOROUGHS, IT INCLUDES A TOTAL OF 895,000 INDIVIDUAL STRUCTURES. 2. THE NEUSTADT COLLECTION OF TIFFANY GLASS (ON LONG-TERM LOAN. INCLUDES LAMPS AND WINDOWS AS WELL AS UNUSED GLASS FROM THE WORKSHOP, FORMERLY LOCATED IN CORONA, QUEENS.) INSTALLED IN APRIL 2016, THE EXHIBITION, A PASSION FOR TIFFANY LAMPS, HIGHLIGHTS THE EXTRAORDINARY SCOPE OF THE NEUSTADTS' COLLECTION. EXAMPLES OF TIFFANY'S MOST ICONIC LAMPS - THE WISTERIA AND DRAGONFLY - ARE ON VIEW, ALONG WITH UNUSUAL LAMPS PRODUCED IN LIMITED NUMBER, SUCH AS THE POND LILY GLOBE AND PEACOCK HANGING SHADE. 3. WORKS OF ART AS FOLLOWS: A. COLLECTIONS OF ART RELATED TO THE WORLD'S FAIRS, SUCH AS AN IN-DEPTH COLLECTION RELATING TO SALVADOR DALI'S DREAM OF VENUS (AMUSEMENT ZONE, 1939-40) AND PHOTOGRAPHS BY WELL-KNOWN PHOTOGRAPHERS SELECTED FOR THE FAIR BY MUSEUM DIRECTORS ACROSS THE U.S., GATHERED UNDER THE NAME PHOTOGRAPHY AS FINE ART (KODAK PAVILION, 1964-65). B. A COLLECTION OF OVER 2,000 PHOTOGRAPHS DONATED OVER 30 YEARS BY COLLECTOR AND PHOTOGRAPHER CHARLES SCHWARTZ, INCLUDING EXTRAORDINARY EXAMPLES OF DOCUMENTARY, PHOTOJOURNALISTIC, AND ART PHOTOGRAPHY CREATED BETWEEN 1860S - 1960S BY PHOTOGRAPHERS SUCH AS ABBOTT, SMITH, STIEGLITZ, LANGE, HALSMAN, ATGET AND OTHERS. C. 300+ ORIGINAL DRAWINGS, ETCHINGS AND LITHOGRAPHS BY EMIGRE ILLUSTRATOR, SOCIAL SATIRIST AND LONG-TERM QUEENS RESIDENT WILLIAM SHARP (1900-1961) WHOSE REALIST DEPICTIONS OF CURRENT EVENTS AND DAILY LIFE ENTERTAINED AND INFORMED A GENERATIONS OF READERS OF ESQUIRE, LIFE, NEW YORK DAILY NEWS, PM, COLLIER'S, THE NEW YORK POST AND THE NEW YORK TIMES. D. CUBAN PAINTER EMILIO SANCHEZ (1921- 1999), WHO SPENT STUDENT DAYS & MATURE CAREER IN NYC, IS REPRESENTED BY 25 WORKS VIVIDLY DEPICTING HIS NATIVE CUBA AS WELL AS THE URBAN CONSTRUCTIVIST ENVIRONMENT. E. APPROXIMATELY 200 WORKS OF CONTEMPORARY CONCEPTUALLY-BASED ART IN ALL MEDIA, OFTEN SPECIALLY COMMISSIONED FOR EXHIBITIONS AT THE MUSEUM. HIGHLIGHTS INCLUDE LOUISE LAWLER'S PHOTOGRAPHS OF THE MUSEUM'S FORMER COLLECTION OF CLASSICAL PLASTER CASTS (THREE, OBJECTS AND STORAGE, 1984); THE RESULTS OF AN ARCHAEOLOGICAL DIG BY MARK DION (THE GREAT ASH DUMP DIG, FLUSHING MEADOWS PARK, 2001), NILS NORMAN'S LIBRARY-ON-A-BICYCLE (THE GERARD WINSTANLEY RADICAL GARDENING SPACE MOBILE FIELD CENTER AND WEATHER STATION, 1999); DULCE PINZON'S PHOTOGRAPHS (WONDER WOMAN, 2006) ANDREW MOORE'S PHOTOGRAPHIC SERIES ON CITY POOLS BUILT BY ROBERT MOSES (20 INKJET PRINTS, 2005); SEHER SHAH'S ARCHITECTURALLY-INFLUENCED ABSTRACTIONS (BLACK CUBE STUDY #14 AND #15, 2007); 16 OF SHAUN EL C. LEONARDO'S PERFORMANCE PHOTOGRAPHS (EL CONQUISTADOR VS. THE INVISIBLE MAN, 2004-2006), ANTHONY AUERBACH'S TRANSPARENCIES AND DIGITAL PRINT (EMPEROR PANORAMA AND THE STATE OF NEW YORK, 2007 AND 2006), PEDRO MEYER'S PHOTOGRAPHS (PEDRO MEYER'S HERESIES, 2008), DUKE RILEY'S LASER ENGRAVING AND DRYPOINT PRINT ON HANDMADE PAPER (MORITURI TE SALUTANT, 2009), AMONG MANY OTHERS. IN 2011 -2013, WE RECEIVED 18 FRANK O. LARSON DIGITAL PRINTS FROM ARCHIVAL NEGATIVES OF 1950S NEW YORK CITY STREET PHOTOGRAPHY. THE METROPOLITAN MUSEUM OF ART DONATED MICHELANGELO'S ORIGINAL PLASTER CAST OF THE PIETA TO OUR COLLECTION - ON LONG TERM LOAN TO THE MUSEUM SINCE 1975. A PURCHASE FOR THE COLLECTION INCLUDES COCO FUSCO'S VIDEO, THE COUPLE IN THE CAGE: GUATIANAUI ODYSSEY. A PARTIAL DONATION/PURCHASE WAS MADE FOR ANDREW MOORE'S PHOTOGRAPH, COOPER SCHOOL, DETROIT. PART V, LINE 4: THE MUSEUM HAS ESTABLISHED AN ENDOWMENT FUND WHICH CONSISTS OF DONOR RESTRICTED GIFTS AND CONTRIBUTIONS. THE MUSEUM APPROPRIATES FOR EXPENDITURE OR ACCUMULATION AS IS PRUDENT FOR THE USES, BENEFITS, PURPOSES AND DURATION FOR WHICH THE ENDOWMENT FUND IS ESTABLISHED, SUBJECT TO THE INTENT OF THE DONOR AS EXPRESSED IN THE GIFT INSTRUMENT. CURRENTLY, EXPENDITURES FROM THE ENDOWMENT FUNDS ARE USED TO SUPPORT OPERATIONAL PURPOSES AS NEEDED. PART X, LINE 2: THE MUSEUM RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE MUSEUM HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE MUSEUM IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO FISCAL 2013. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD REPORTED ON PART VIII, LINE 10B: 21,587. RENTAL EXPENSES REPORTED ON PART VIII, LINE 6B: 113,923. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD REPORTED ON PART VIII, LINE 10B: 21,587. RENTAL EXPENSES REPORTED ON PART VIII, LINE 6B: 113,923. LOSS ON DISPOSAL OF ASSETS REPORTED ON PART XI, LINE 9: 57,414. UNCOLLECTIBLE PLEDGE REPORTED ON PART XI, LINE 9: 313,899. QMA ANNUAL GALA 341450 171900 169550 2000 61849 8735 3720 43715 FAMILY FUNDRAISER 8305 7855 450 913 1234 349755 179755 170000 2000 61849 9648 3720 44949 122166 47834 1 STIPENDS FOR TEEN DOCENT PROGRAM 31 16778 STAFF STIPEND 1 480 PART I, LINE 2: TEEN DOCENTS INITIALLY COME TO QMA THROUGH A GENERAL APPLICATION PROCESS WHICH IS THEN FOLLOWED BY A GROUP INTERVIEW WITH THEIR FELLOW PEERS ALREADY IN THE PROGRAM. PARTICIPANTS ARE NOT ELIGIBLE TO EARN A STIPEND UNTIL AFTER THEY HAVE ATTENDED A FULL SEMESTER OF THE AFTER-SCHOOL COMPONENT OF THE PROGRAM, AND THEN THEY MUST ALSO SUCCESSFULLY COMPLETE A FOUR WEEK TRAINING PROGRAM MENTORED BY THEIR ELDER PEERS. ONCE STUDENTS HAVE SHOWN THAT THEY ARE CAPABLE OF REPRESENTING THE MUSEUM AS A TEEN DOCENT THEY ARE FINALLY INVITED TO EARN A STIPEND BY ASSISTING WITH VARIOUS PROGRAMS IN THE MUSEUM SUCH AS THE SUNDAY DROP-IN FAMILY WORKSHOP. OPPORTUNITIES ARE DISTRIBUTED AMONGST STUDENTS IN A BALANCED FASHION, CONSISTENT WITH THE DOCENTS' PERFORMANCE IN THEIR DUTIES. THIS PROCESS AND ASSOCIATED RECORDKEEPING IS OVERSEEN BY THE MANAGER OF FAMILY AND AFTER SCHOOL PROGRAMS IN THE MUSEUM'S EDUCATION DEPARTMENT. THE MUSEUM REGULARLY FURNISHED FINAL NARRATIVE AND EXPENDITURE REPORTS FOR GRANTS AND MAINTAINS ELIGIBILITY AS A 501(C)(3) NON-PROFIT. X X X X 0 0 0 0 0 0 0 0 0 LAURA RAICOVICH EXECUTIVE DIRECTOR 175262 0 0 0 77 0 19828 0 595 0 195762 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 ANDREW AND PAULA KIRBY HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES SHALL RECEIVE A PAPER COPY OF THE FORM 990 TO REVIEW AND APPROVE. THE FORM 990, AS APPROVED BY THE FINANCE COMMITTEE, WILL BE FORWARDED ELECTRONICALLY TO THE FULL BOARD OF TRUSTEES FOR REVIEW AND COMMENT BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES MUST DISCLOSE THE TRANSACTION WHICH LIKELY AMOUNTS TO AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST TO THE BOARD AND EXECUTIVE COMMITTEE, AND ABSTAIN FROM ANY DISCUSSION ABOUT THE POTENTIAL TRANSACTION. A TRUSTEE WITH A CONFLICT MUST RECUSE THEMSELVES FROM ANY VOTING RELATED TO THE TRANSACTION. THE EXECUTIVE COMMITTEE WILL DETERMINE WHETHER THE QUEENS MUSEUM CAN OBTAIN A TRANSACTION THAT IS EQUALLY OR MORE ADVANTAGEOUS TO THE MUSEUM FROM A PERSON OR ENTITY WITHOUT A CONFLICT OF INTEREST. IF THE QUEENS MUSEUM CANNOT REASONABLY DO SO (OBTAIN AN EQUALLY OR MORE ADVANTAGEOUS TRANSACTION FROM A NONINTERESTED PARTY), THE BOARD MAY APPROVE THE TRANSACTION BY A MAJORITY VOTE OF THE DISINTERESTED TRUSTEES AND THE EXECUTIVE DIRECTOR. A QUORUM MUST BE PRESENT, MEANING A MAJORITY OF ALL TRUSTEES. THE INTERESTED TRUSTEE MAY BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM BUT NOT IN DETERMINING A MAJORITY VOTE TO AUTHORIZE THE TRANSACTION. THE QUEENS MUSEUM MUST DISCLOSE THE TRANSACTION AND THE VOTING DETAILS IN ITS MINUTES. THIS INCLUDES THE NAMES OF THE PERSONS PRESENT FOR DISCUSSION AND VOTING, THE CONTENT OF THE DISCUSSION, INCLUDING ANY ALTERNATIVES TO THE DISCUSSION, AND A RECORD OF ANY VOTES TAKEN. THE MUSEUM DOCUMENTS THE PROCESS IT UNDERTOOK TO VERIFY THAT THE TRANSACTION IS FAIR. TRUSTEES ARE REQUIRED TO DISCLOSE THIS INTEREST IN WRITING ON THE ANNUAL ACKNOWLEDGEMENT OF CODE OF ETHICS AND CONFLICTS OF INTEREST QUESTIONNAIRE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS PART OF THE ANNUAL BUDGET PROCESS WHICH IS VETTED THROUGH THE FINANCE COMMITTEE AND APPROVED BY THE BOARD OF TRUSTEES. AS A PART OF THIS PROCESS, COMPENSATION DECISIONS ARE MADE FOR ALL MUSEUM STAFF, INCLUDING THE EXECUTIVE DIRECTOR AND THE DIRECTOR OF FINANCE. THE COMMITTEE USES COMPARABLE DATA FROM FUNCTIONALLY COMPARABLE POSITIONS AT SIMILAR ORGANIZATIONS TO FRAME COMPENSATION DECISIONS. OTHER SOURCES OF COMPENSATION DATA USED FOR SETTING EXECUTIVE COMPENSATION INCLUDED SALARY SURVEYS OF LOCAL MUSEUM DIRECTORS, COMPENSATION STUDIES PREPARED BY HIRED CONSULTANT, AND FORMS 990 OF OTHER ORGANIZATIONS. DOCUMENTATION OF DELIBERATIONS AND DECISIONS MADE REGARDING COMPENSATION ARE ENTERED INTO COMMITTEE AND BOARD MINUTES AND KEPT ON FILE BY THE ORGANIZATION. THIS PROCESS MOST RECENTLY OCCURRED IN MARCH 2016 FOR THE 7/1/15 - 6/30/16 FISCAL YEAR OPERATING BUDGET. FORM 990, PART VI, SECTION C, LINE 19 QUEENS MUSEUM OF ARTS' FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE AS IT IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, FORMS 990 AND 1023 AS WELL AS THE FINANCIAL STATEMENTS, CONFLICTS OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE AVAILABLE UPON WRITTEN REQUEST AT NEW YORK CITY BUILDING, FLUSHING MEADOWS CORONA PARK, QUEENS, NY 11368-3398 OR BY CALLING THE ORGANIZATION DIRECTLY AT (718) 592-9700. FORM 990, PART XI, LINE 9: LOSS ON DISPOSAL OF ASSETS -57,414. UNCOLLECTIBLE PLEDGE -313,899. FORM 990, PART XI, LINE 2C: THE MUSEUM HAS AN AUDIT COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.