2016-11-10T13:53:34-06:00 2015-12-31 131655065 LUTZ AND CARR CPAS LLP 300 EAST 42ND STREET NEW YORK NY 10017 990 2015-01-01 226799567 RUBIN MUSEUM OF ART AKA THE SHELLEY & DONALD RUBIN CULTURAL TRUST RUBI 2126205000 150 WEST 17TH STREET NEW YORK NY 10011 MARILENA CHRISTODOULOU CHIEF FINANCIAL OFFICER 2126205000 2016-11-09 1 CHRIS BELLANDO P00541714 2126972299 2015 2017-02-10 21:41:12Z PATRICK SEARS 150 WEST 17TH STREET NEW YORK NY 10011 36813266 0 X WWW.RUBINMUSEUM.ORG X 1999 NY THE RUBIN MUSEUM OF ART IS A DYNAMIC ENVIRONMENT THAT STIMULATES LEARNING, PROMOTES ... UNDERSTANDING, AND INSPIRES PERSONAL CONNECTIONS TO THE IDEAS, CULTURES, AND ART OF HIMALAYAN ASIA. 24 24 116 208 0 0 26740925 2575470 776300 809244 47170318 6528731 1628275 2009814 76315818 11923259 0 0 0 0 7268928 7287544 0 45600 1304047 9128441 8839752 16397369 16172896 59918449 -4249637 189630688 178340224 1302921 1335035 188327767 177005189 X THE RUBIN MUSEUM OF ART IS A DYNAMIC ENVIRONMENT THAT STIMULATES LEARNING, PROMOTES UNDERSTANDING, AND INSPIRES PERSONAL CONNECTIONS TO THE IDEAS, CULTURES, AND ART OF HIMALAYAN ASIA. 0 0 4875821 41890 COLLECTION AND EXHIBITIONS AT THE RUBIN MUSEUM OF ART:AS THE ONLY MUSEUM IN THE U.S. DEDICATED TO THE ART OF HIMALAYAN ASIA, THE RUBIN HOLDS ONE OF THE TOP COLLECTIONS FROM THIS REGION OPEN TO THE PUBLIC IN THE WEST, WITH NEARLY 3,700 WORKS FROM INDIA, NEPAL, CHINA, PAKISTAN, AFGHANISTAN, MONGOLIA, BHUTAN, AND THE TIBETAN PLATEAU. ITS ARTWORKS, WHICH SPAN PAINTINGS, SCULPTURES, TEXTILES, RITUAL OBJECTS, PRINTS, AND PHOTOGRAPHS, DATE FROM THE 2ND CENTURY CE TO PRESENT DAY. EXHIBITIONS IN 2015 INCLUDED THE FOLLOWING:BECOMING ANOTHER: THE POWER OF MASKS (MARCH 13,2015 - FEBRUARY 8, 2016)THIS EXHIBITION ILLUMINATED THE COMMON THREADS AND DISTINCT DIFFERENCES IN MASK TRADITIONS FROM NORTHERN INDIA, NEPAL, BHUTAN, TIBET, MONGOLIA, SIBERIA, JAPAN, AND THE TRIBES OF THE PACIFIC NORTHWEST. FEATURING MASKS USED IN SHAMANISTIC PRACTICES, COMMUNAL RITUALS, AND THEATRICAL PERFORMANCES, THIS EXHIBITION SPOKE TO THE HUMAN IMPULSE TO TRANSFORM ONE'S IDENTITY. THE EXHIBITION HAD NEARLY 57,000 VISITORS.ART WITH BENEFITS: THE DRIGUNG TRADITION (MARCH 24 - SEPTEMBER 7, 2015)THIS EXHIBITION HIGHLIGHTED THE DISTINCTIVE AND VARYING STYLES THAT HAVE CHARACTERIZED ART OF THE DRIGUNG TRADITION (A SCHOOL OF TIBETAN BUDDHISM) OVER ITS MORE THAN 800- YEAR HISTORY. IT EXPLORED THE BELIEF THAT WORKS OF ART HAVE THE POWER TO BESTOW A VARIETY OF BENEFITS UPON THE BEHOLDER. OVER 27,000 PEOPLE VISITED THE EXHIBITION WHILE IT WAS ON VIEW.COLLECTING PARADISE: BUDDHIST ART OF KASHMIR AND ITS LEGACIES (MAY 22 - OCTOBER 19, 2015)THIS PRESENTATION TRACED THE CONTINUITY OF THE ART OF KASHMIR IN THE WESTERN HIMALAYAS FOR OVER A MILLENNIUM. IT INCLUDED CARVED IVORY AND METAL SCULPTURES THAT HIGHLIGHTED THE NOTION OF BUDDHIST ART IN MOTION AS WELL AS PAINTINGS AND SCULPTURES CREATED BY KASHMIRI ARTISTS IN THE WESTERN HIMALAYAS FROM THE 11TH TO THE 14TH CENTURIES. NEARLY 35,000 PEOPLE ATTENDED THE EXHIBITION.SACRED SPACES WITH THE TIBETAN BUDDHIST SHRINE ROOM (OCTOBER 23, 2015 - MARCH 27, 2017)THIS ONGOING EXHIBITION REFLECTS ON WHAT MAKES A SPACE SACRED BY FOCUSING ON DEVOTIONAL ACTIVITIES IN AWE-INSPIRING PLACES. THE EXHIBITION INCLUDES THE NEWLY RENOVATED TIBETAN BUDDHIST SHRINE ROOM, WHICH PROVIDES AN IMMERSIVE EXPERIENCE INSPIRED BY A TRADITIONAL HOUSEHOLD SHRINE USED FOR OFFERING, DEVOTION, PRAYER, AND CONTEMPLATION. THE EXHIBITION ALSO INCLUDES A VIDEO INSTALLATION OF A JAIN COMMUNAL ANOINTING RITUAL BY DEIDI VON SCHAEWEN AND A PANORAMIC PHOTOGRAPH TAKEN IN MUSTANG, NEPAL BY JAROSLAV PONCAR. STEVE MCCURRY: INDIA (NOVEMBER 18, 2015 - APRIL 4, 2016)CO-ORGANIZED BY THE RUBIN MUSEUM AND THE INTERNATIONAL CENTER OF PHOTOGRAPHY, STEVE MCCURRY: INDIA BROUGHT TOGETHER STUNNING PHOTOGRAPHS OF THE COUNTRY-ITS PEOPLE, MONUMENTS, LANDSCAPES, SEASONS, AND CITIES-BY THE RENOWNED PHOTOGRAPHER STEVE MCCURRY. THE EXHIBITION, WHICH REPRESENTED THREE DECADES OF MCCURRY'S WORK, WAS THE FIRST MUSEUM PRESENTATION TO FOCUS ON HIS INDIA PHOTOGRAPHS AND INCLUDED SOME THAT HAD NEVER BEEN SHOWN BEFORE. HIGHLY POPULAR WITH MUSEUM VISITORS, THE EXHIBITION WAS ATTENDED BY OVER 50,000 PEOPLE. 1894688 452543 EDUCATION AND OUTREACH:EDUCATION PROGRAMS AT THE RUBIN OFFER AUDIENCES NEW AND MEANINGFUL WAYS TO ENGAGE WITH THE ART AND CULTURE OF THE HIMALAYAS, ITS WIDER THEMES, AND ITS APPLICATIONS TO EVERYDAY LIFE. ITS OFFERINGS ARE DESIGNED FOR PEOPLE OF ALL AGES AND ABILITIES, INCLUDING ART-MAKING AND GROUP ACTIVITIES FOR CHILDREN AND FAMILIES; CURRICULA-ALIGNED TOURS AND WORKSHOPS FOR K-12 STUDENTS; AND ACTIVITIES FOR SENIOR AUDIENCES.THE MUSEUM'S PROGRAMS, WHICH SERVED OVER 20,000 PEOPLE IN 2015, INCLUDED THE FOLLOWING:MATH AND MANDALASLAUNCHED IN 2015, THIS FREE, THREE-SESSION PROGRAM ENGAGED OVER 400 UNDER-SERVED STUDENTS FROM NYC TITLE 1 PUBLIC SCHOOLS. DESIGNED TO SUPPLEMENT AND ILLUMINATE THE COMMON CORE STATE STANDARDS FOR MATHEMATICS, THE PROGRAM ENABLED STUDENTS TO ACQUIRE PRACTICAL APPLICATIONS OF MATHEMATICAL PRINCIPLES (E.G. GEOMETRY AND SYMMETRY) THROUGH THE INSTRUCTION OF MANDALAS, WHICH ARE GEOMETRIC REPRESENTATIONS OF CELESTIAL PALACES IN HIMALAYAN ART.FAMILY PROGRAMSMULTIGENERATIONAL PROGRAMS AND ACTIVITIES FOR FAMILIES WELCOMED OVER 6,000 PEOPLE IN 2015. OFFERINGS INCLUDED FAMILY SUNDAYS, THE RUBIN'S WEEKLY, DROP-IN PROGRAM FOR CHILDREN AGES THREE AND UP, WHICH INCLUDES ART-MAKING, A MUSEUM TOUR, AND SELF-GUIDED GALLERY SEARCHES. EACH MONTH WAS CENTERED ON A NEW THEME RELATED TO THE EXHIBITIONS ON VIEW, SUCH AS SANDALWOOD PAINTINGS OF ANIMALS, BEADING INSPIRED BY THE RUBIN'S MASKS EXHIBITION, AND MAKING DIYA, OR CLAY PINCH-POTS FOR CANDLES, TO CELEBRATE DIWALI. THE RUBIN ALSO HOSTED ITS SECOND-ANNUAL BLOCK PARTY ON JULY 19, 2015, WHICH WELCOMED OVER 3,500 PEOPLE TO PARTICIPATE IN ART-MAKING ACTIVITIES AND ENJOY LIVE PERFORMANCES, GUIDED MUSEUM TOURS, AND STORYTELLING.TEEN PROGRAMSOFFERINGS FOR TEENS AT THE RUBIN INCLUDED THE SEMESTER-LONG RUBIN TEENS AND TEEN GUIDE COUNCIL PROGRAMS AS WELL AS A SUMMER TEEN ART LAB. THESE FREE PROGRAMS WERE OFFERED AFTER SCHOOL OR DURING THE SUMMER, AND WELCOMED NEARLY 40 STUDENTS IN TOTAL. ALL PROGRAMS FOCUSED ON BUILDINGS STUDENTS' VISUAL LITERACY AND COMMUNICATION SKILLS AS PARTICIPANTS EXPLORED THE RUBIN MUSEUM, ITS COLLECTION, AND CAREERS IN THE ARTS.UNIVERSITY PARTNERSHIPSTHE RUBIN PARTNERS WITH COLLEGES IN NEW YORK CITY TO OFFER UNDERGRADUATE STUDENTS AND FACULTY THE OPPORTUNITY TO ENHANCE THEIR STUDIES IN THE HUMANITIES BY EXPLORING THE ART AND CULTURAL TRADITIONS OF HIMALAYAN ASIA. IN 2015, THE MUSEUM MAINTAINED PARTNERSHIPS WITH ALL OF THE CUNY SCHOOLS AS WELL AS SOME PRIVATE COLLEGES, SUCH AS NEW YORK UNIVERSITY, ST. FRANCIS COLLEGE, AND THE NEW SCHOOL.SENIOR PROGRAMSTHE RUBIN WELCOMED 1,200 SENIOR CITIZENS TO PARTICIPATE IN CUSTOMIZED PROGRAMS OVER THE COURSE OF THE YEAR. THIS INCLUDED FREE SENIOR DAYS, WHICH OFFERED SENIORS FREE ADMISSION, GALLERY TOURS, AND WRITING WORKSHOPS ON THE FIRST MONDAY OF EACH MONTH, AND MINDFUL CONNECTIONS, A MONTHLY TOUR PROGRAM FOR VISITORS WITH DEMENTIA AND THEIR CAREGIVERS. 1053598 355051 PUBLIC PROGRAMS AT THE RUBIN MUSEUM OF ART:THE RUBIN HAS HOSTED OVER 6,300 PUBLIC PROGRAMS SINCE OPENING IN 2004, SPANNING TALKS, CONFERENCES, CONCERTS, FILMS, AND MORE. PROGRAM HIGHLIGHTS IN 2015 INCLUDED:BRAINWAVE 2015 (JANUARY 28 - APRIL 29, 2015)IN 2015, THE RUBIN HOSTED ITS EIGHTH SEASON OF BRAINWAVE-A SERIES THAT PAIRS NEUROSCIENTISTS WITH NOTABLE PERSONALITIES FOR ON-STAGE CONVERSATIONS THAT ILLUMINATE SCIENTIFIC DISCOVERIES, REFLECT THEMES OF THE RUBIN'S COLLECTION, AND ACTIVATE PARTICIPANTS' IMAGINATIONS. THE 2015 SERIES EXPLORED "THE ATTACHMENT TRAP"-A METAPHOR FOR THE BUDDHIST PRINCIPLE THAT CLINGING TO EXTERNAL SOURCES OF HAPPINESS PREVENTS PEOPLE FROM BEING TRULY FREE. EVENTS INCLUDED ACTOR JAKE GYLLENHAAL AND COGNITIVE NEUROSCIENTIST MARTHA FARAH DISCUSSING DREAMS; WRITER DAVID GELLES AND NEUROSCIENTIST CHRISTOPHER MOORE DISCUSSING MINDFULNESS; AND SHAOLIN MASTER SHI YAN MING AND NEUROPSYCHOLOGIST TRACY DENNIS DISCUSSING DISCIPLINE. OVER 3,000 PEOPLE ATTENDED BRAINWAVE IN 2015.KARMA: CAUSE, EFFECT, AND THE ILLUSION OF FATE (SEPTEMBER 11 - DECEMBER 30 2015)THE RUBIN'S FALL 2015 CONVERSATION SERIES CONSIDERED THE ANCIENT CONCEPT OF KARMA, OR THE WAY THAT ACTIONS AFFECT OUR CONDITIONS, WITH A FOCUS ON GLOBAL CLIMATE CHANGE. EVENTS INCLUDED MARK TERCEK, CEO OF THE NATURE CONSERVANCY, DISCUSSING COLLECTIVE KARMA WITH SHAMBHALA BUDDHIST TEACHER LODRO, AND ANIMAL RIGHTS ACTIVIST AND PHILOSOPHER PETER SINGER AND BUDDHISM SCHOLAR ANNABELLA PITKIN DISCUSSING ETHICS AND TIBETAN WISDOM. THESE TALKS WERE ATTENDED BY OVER 3,300 PEOPLE.MUSIC PROGRAMSTHE RUBIN OFFERS A WIDE RANGE OF MUSICAL PERFORMANCES THAT DRAW INTERDISCIPLINARY CONNECTIONS TO THE THEMES AND CONTENT OF HIMALAYAN ART AND CULTURE. BY PRESENTING MUSIC OF DIVERSE GENRES AND STYLINGS, THE MUSEUM CREATES ENTRY POINTS FOR A BROAD AUDIENCE. NAKED SOUL, ITS SINGER/SONGWRITER SERIES WITH ACOUSTIC MUSIC IN THE RUBIN'S THEATER, FEATURED 18 CONCERTS THAT WELCOMED OVER 2,100 PEOPLE, WITH PERFORMANCES BY ARTISTS SUCH AS HOLLY NEAR, BEN SOLLEE, AND KRISTIN HERSCH. ITS JAZZ SERIES FEATURED 8 PERFORMANCES ATTENDED BY NEARLY 800 PEOPLE, INCLUDING THE LOSTON HARRIS TRIO, DUCHESS, AND THE JAMIE BAUM SEPTET. THE RUBIN ALSO PRESENTS TRADITIONAL AND CONTEMPORARY ASIAN MUSIC THROUGH ITS INDIAN CLASSICAL CONCERTS AS WELL AS ITS SPIRAL MUSIC SERIES, WHICH OFFERS FREE ACOUSTIC PERFORMANCES ON WEDNESDAY EVENINGS IN THE MUSEUM'S LOBBY.MINDFULNESS MEDITATIONTHE RUBIN LAUNCHED ITS WEEKLY MEDITATION SERIES IN AUGUST 2015. HELD EACH WEDNESDAY AFTERNOON, THESE SESSIONS ARE LED BY PROMINENT TEACHERS IN THE FIELD AND FREQUENTLY SELL OUT. THE RUBIN HAS PARTNERSHIPS WITH SHARON SALZBERG, THE NEW YORK INSIGHT MEDITATION CENTER, AND THE INTERDEPENDENCE PROJECT. K2 FRIDAY NIGHTSHELD EVERY FRIDAY FROM 6:00 TO 10:00 PM, K2 AT THE RUBIN OFFERS NEW YORKERS AN EVENING WITH FREE MUSEUM ADMISSION AND EXHIBITION TOURS, COCKTAILS AND CONVERSATION IN THE K2 LOUNGE WITH A LIVE DJ, AND FILM SCREENINGS AND LIVE MUSICAL PERFORMANCES IN THE MUSEUM'S THEATER. K2 WAS ATTENDED BY APPROXIMATELY 33,000 PEOPLE IN 2015.CABARET CINEMAEVERY FRIDAY EVENING AS PART OF ITS K2 PROGRAMMING, THE RUBIN PLAYS CLASSIC FILMS IN ITS THEATER INTRODUCED BY ARTISTS, WRITERS, SCHOLARS, AND ACTORS. FILMS ARE CURATED TO COINCIDE WITH THE THEMES AND TOPICS FEATURED IN THE MUSEUM'S EXHIBITIONS AND PROGRAMS, SUCH AS HITCHCOCK'S TO CATCH A THIEF (1955) IN CONJUNCTION WITH THE RUBIN'S EXHIBITION ON MASKS OR ASHBY'S HAROLD AND MAUDE (1971) TO EXPLORE THE BRAINWAVE 2015 THEME OF ATTACHMENT. 3254669 856307 PUBLICATIONS, INCLUDING EXHIBITIONS CATALOGUES, SHOP, PUBLIC RELATIONS AND MARKETING 3254669 856307 11078776 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 208 0 1 116 1 0 0 0 0 0 1 1 0 0 0 0 X 24 24 1 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X MARILENA CHRISTODOULOU 2126205000 150 WEST 17TH STREET NEW YORK NY 10011 DONALD RUBIN CO-CHAIR 2.00 X X 0 0 0 SHELLEY RUBIN CO-CHAIR 5.00 X X 0 0 0 RAVI AKHOURY TRUSTEE 1.00 X 0 0 0 ROBERT M BAYLIS BOARD PRESIDENT 5.00 X X 0 0 0 GAVIN R BERGER TRUSTEE 1.00 X 0 0 0 EDWARD BERGMAN TRUSTEE 1.00 X 0 0 0 NOAH P DORSKY TRUSTEE 1.00 X 0 0 0 ANU DUGGAL TRUSTEE 1.00 X 0 0 0 TOMMY GUO TRUSTEE 1.00 X 0 0 0 EVA HALLER TRUSTEE 1.00 X 0 0 0 PETER HUTCHINGS TREASURER 1.00 X X 0 0 0 RICHARD S LANIER TRUSTEE 1.00 X 0 0 0 WILLIAM MAYER TRUSTEE 1.00 X 0 0 0 MICHAEL MCCORMICK TRUSTEE 1.00 X 0 0 0 DAVID NALIN TRUSTEE 1.00 X 0 0 0 MATTHEW NIMETZ TRUSTEE 1.00 X 0 0 0 MARK NORELL TRUSTEE 1.00 X 0 0 0 AMY POSTER TRUSTEE 1.00 X 0 0 0 DAVID PRITZKER TRUSTEE 1.00 X 0 0 0 MARGOT PRITZKER TRUSTEE 1.00 X 0 0 0 RASIKA REDDY TRUSTEE 1.00 X 0 0 0 BASHA FROST RUBIN TRUSTEE 1.00 X 0 0 0 ERIC SCHOENBERG TRUSTEE 1.00 X 0 0 0 EILEEN CAULFIELD SCHWAB TRUSTEE 1.00 X 0 0 0 MARILENA CHRISTODOULOU CHIEF FINANCIAL OFFICER 40.00 X 214780 0 28064 PATRICK H SEARS EXECUTIVE DIRECTOR/SECRETARY 40.00 X 319173 0 36628 TIMOTHY MCHENRY DIR. OF PUBLIC PROGRAMS AND ENGAGEMENT 40.00 X 177604 0 27499 CYNTHIA GUYER DIR. OF EXTERNAL AFFAIRS 40.00 X 100262 0 5993 MITCHELL S ROTH FACILITIES MGR. AND CHIEF OF ENGINEERING 40.00 X 136667 0 36615 HELEN ABBOTT PUBLISHER & HEAD OF PRINT & ELECTRONIC INFORMATION 40.00 X 118285 0 14306 YVONNE GARCIA HEAD OF INSTITUTIONAL GIVING 40.00 X 112522 0 11421 WILLIAM SCOVELL APPLETON DIRECTOR OF EDUCATION AND ENGAGEMENT 40.00 X 124228 0 20441 1303521 0 180967 8 0 1 0 LAPLACA COHEN 43 WEST 24 STREET NEW YORK NY 10010 ADVERTISING AND MARKETING 471609 SECURITAS SECURITY SERVICES USA INC PO BOX 403412 ATLANTA GA 30384 SECURITY SERVICES 300475 UNIVERSAL PROTECTION SERVICE LLC 26375 NETWORK PLACE CHICAGO IL 60673 SECURITY CONTRACT SERVICES 295150 UNITED SERVICES OF AMERICAINC 855 MAIN STREET9TH FL BRIDGEPORT CT 06604 HOUSEKEEPING CONTRACT SERVICES 264360 INSIGHT EXHIBITS LLC 75 BRYANT TRAIL CARMEL NY 10509 FABRICATION OF CASES/FRAMES FOR EXHIBITI 240664 10 621753 677749 82743 1193225 10431 2575470 PROGRAM FEES 713990 420881 420881 MUSEUM ADMISSION FEES 713990 388363 388363 809244 3142843 3142843 1580815 467548 1113267 1113267 1113267 27179794 23793906 3385888 3385888 3385888 213128 677749 213128 0 761157 415425 345732 345732 DEACCESSION REVENUE 900099 483000 483000 MISCELLANEOUS REVENUE 900099 67815 67815 550815 11923259 1705791 0 7641998 X 803748 217246 525791 60711 5166012 3201470 1444712 519830 69541 60041 9500 774425 450973 248619 74833 473818 273268 154315 46235 10392 4560 5832 35104 35104 45600 45600 118157 118157 1939026 1670232 209191 59603 866464 838491 20717 7256 1377893 821500 372385 184008 862550 567121 244762 50667 154496 98650 49112 6734 1847855 1460895 262977 123983 168451 139479 20904 8068 PROGRAM & SUPPORTING SE 734867 606282 37249 91336 AQUISITION OF ART 650000 650000 PUBLICATIONS, SUBSCRIPT 52678 18568 21927 12183 MISCELLANEOUS 21819 18319 3500 16172896 11078776 3790073 1304047 242934 150053 464828 309175 16394349 12852424 134114 95170 871457 810050 222908 432813 61874972 20755208 42902226 41119764 124760894 119085938 3636978 3484837 189630688 178340224 1184224 1201568 14250 26987 104447 106480 1302921 1335035 X 158101533 151520057 5704599 485130 24521635 25000002 188327767 177005189 189630688 178340224 -4249637 -7072941 0 X 0 1 X 1 0 X 26647837 3820952 2315994 26740925 2575470 62101178 26647837 3820952 2315994 26740925 2575470 62101178 48674835 13426343 3204849 3239816 3573685 4196989 4723658 18938997 137823 97345 48740 307094 550815 1141817 82181992 6900764 0.16340 0.15470 X THE RUBIN MUSEUM OF ART'S PERCENTAGE OF PUBLIC SUPPORT IS 16.34%. THE ORGANIZATION DOES NOT QUALIFY AS PUBLICLY SUPPORTED UNDER THE 33 1/3% TEST. HOWEVER, IT HAS A SOLICITATION PLAN FOR ATTRACTING PUBLIC SUPPORT AND A BROAD REPRESENTATIVE GOVERNING BODY; AND ITS PROGRAM SERVICES DIRECTLY BENEFIT THE GENERAL PUBLIC. THEREFORE, IT QUALIFIES AS A PUBLIC CHARITY UNDER THE FACTS AND CIRCUMSTANCES TEST OF IRC SEC. 170(B)(1)(A)(VI). RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 121822342 4029962 253010 24027826 102077488 57626271 64070583 4356919 4231431 121822342 54984619 8670243 6028591 57626271 49263846 6645250 924477 54984619 54728107 -70984 5393277 49263846 0.87890 0.12110 0 0 378750 3595496 3974246 2146250 18737864 7645489 13238625 1175108 33071755 10818359 23428504 1802031 1540279 261752 12098 955620 751081 216637 41119764 SECURITY DEPOSITS 106480 106480 5615134 -7072941 -7072941 12688075 118157 -882973 -764816 11923259 16937712 882973 882973 16054739 118157 118157 16172896 PART III, LINE 1A: THE VALUE OF THE COLLECTION, WHICH WAS ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE MUSUEM'S INCEPTION, IS NOT REFLECTED AS AN ASSET ON THE STATEMENTS OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR OF ACQUISITION. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENTS OF ACTIVITIES. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES WOULD BE REFLECTED ON THE STATEMENTS OF ACTIVITIES BASED ON THE ABSENCE OR EXISTENCE AND NATURE OF DONOR-IMPOSED RESTRICTIONS. THE COLLECTION IS HELD FOR PUBLIC SERVICE RATHER THAN FINANCIAL GAIN, PROTECTED AND PRESERVED, AND SUBJECT TO AN ORGANIZATIONAL POLICY THAT REQUIRES THE PROCEEDS FROM SALES OF SUCH ITEMS TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. PART III, LINE 4: THE MUSEUM'S COLLECTION OF MORE THAN 2,000 OBJECTS IS CONSIDERED TO BE THE MOST EXTENSIVE OF ITS KIND IN THE WEST. IT INCLUDES HIMALAYAN PAINTINGS, SCULPTURE, RITUAL OBJECTS, AND PRINTS SPANNING THE PERIOD FROM THE 2ND CENTURY TO THE 21ST CENTURY. THE COLLECTION IS THE BASIS OF THE MUSEUM'S EXHIBITIONS, EDUCATION AND PUBLIC PROGRAMS WHICH ARE VIEWED AND ENJOYED BY APPROXIMATELY 200,000 PEOPLE PER YEAR. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -415,425. EXPENSES - RESIDENTIAL APARTMENTS -467,548. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 415,425. EXPENSES - RESIDENTIAL APARTMENTS 467,548. X X X 1 PENNINGTON GRAY LLC 319 LENOX AVENUE SOUTH ORANGE NJ 07079 STRATEGIC CONSULTING FOR MEMBERSHIP AND ANNUAL FUND 0 0 36000 0 CARUSO CONSULTING CORPORATION 253-14 60TH AVENUE LITTLE NECK NY 11362 GRANT PROPOSALS 0 0 9600 0 45600 GALA 890877 677749 213128 88765 124363 890877 677749 213128 88765 124363 213128 0 X X 0 0 0 0 0 0 0 0 0 MARILENA CHRISTODOULOU CHIEF FINANCIAL OFFICER 214780 0 0 0 0 0 6148 0 21916 0 242844 0 0 0 PATRICK H SEARS EXECUTIVE DIRECTOR/SECRETARY 319173 0 0 0 0 0 34000 0 2628 0 355801 0 0 0 TIMOTHY MCHENRY DIR. OF PUBLIC PROGRAMS AND ENGAGEME 177604 0 0 0 0 0 4883 0 22616 0 205103 0 0 0 MITCHELL S ROTH FACILITIES MGR. AND CHIEF OF ENGINEE 136667 0 0 0 0 0 3994 0 32621 0 173282 0 0 0 X 1 0 X 1 10431 FMV 1 0 1 0 PART I, LINE 33: THE MUSEUM DOES NOT CAPITALIZE ITS COLLECTION, AND PURSUANT TO ITS ACCOUNTING POLICY, DOES NOT RECOGNIZE REVENUE FOR ANY DONATIONS OF COLLECTION ITEMS IN THE STATEMENT OF ACTIVITIES. FORM 990, PART VI, SECTION A, LINE 1 THE BOARD DELEGATES AUTHORITY TO ACT ON ITS BEHALF BETWEEN MEETINGS OF THE BOARD OF TRUSTEES TO A 10 MEMBER EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE MAY EXERCISE ALL THE POWERS OF THE TRUSTEES EXCEPT IT MAY NOT AUTHORIZE ANY ACTION WHICH REQUIRES THE VOTE OF AT LEAST TWO-THIRD OF THE TRUSTEES UNDER THE RUBIN MUSEUM OF ART'S GOVERNING DOCUMENT. ALL 10 MEMBERS OF THE EXECUTIVE COMMITTEE ARE MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 2 DONALD RUBIN, SHELLEY RUBIN AND BASHA RUBIN HAVE A FAMILY RELATIONSHIP. DAVID PRITZKER AND MARGOT PRITZKER HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 7A TWO TRUSTEES, DONALD RUBIN AND SHELLEY RUBIN, HAVE THE RIGHT TO APPOINT UP TO TWO TRUSTEES TO THE BOARD PROVIDED SUCH TRUSTEES ARE FAMILY MEMBERS OF THEIR FAMILY. TO-DATE, DONALD RUBIN AND SHELLEY RUBIN HAVE NEVER EXERCISED THIS RIGHT. UPON THE FIRST OF DONALD OR SHELLEY RUBIN CEASING TO ACT AS A TRUSTEE, THEIR DAUGHTER BASHA RUBIN SHALL BECOME A FAMILY MEMBER TRUSTEE. UPON THE SURVIVOR OF DONALD AND SHELLEY RUBIN CEASING TO ACT AS A TRUSTEE, THE FAMILY MEMBER DESIGNATED BY THE SURVIVOR OF DONALD OR SHELLEY RUBIN TO BECOME A FAMILY MEMBER TRUSTEE SHALL BECOME A FAMILY MEMBER TRUSTEE. IF THE SURVIVOR HAS NOT NOMINATED A FAMILY MEMBER, THEN BASHA RUBIN CAN DO SO. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS PREPARED BY THE RUBIN MUSEUM OF ART'S AUDITORS, REVIEWED BY THE CHIEF FINANCIAL OFFICER AND EMAILED TO THE FULL BOARD OF TRUSTEES PRIOR TO THE DUE DATE, LEAVING AT LEAST ONE WEEK FOR TRUSTEES' QUESTIONS AND COMMENTS. IT IS THEN FILED BY THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 12C THE RUBIN MUSEUM OF ART'S "CODE OF ETHICS FOR TRUSTEES, EMPLOYEES AND VOLUNTEERS" IS AGREED AND ACCEPTED IN WRITING BY ALL SUCH INDIVIDUALS WHEN THEY JOIN THE ORGANIZATION IN THEIR RESPECTIVE CAPACITIES. IN ACCORDANCE WITH THE PROVISIONS OF THIS POLICY, EACH TRUSTEE AND EMPLOYEE WITH MANAGERIAL RESPONSIBILITIES IS FURNISHED A COPY OF THIS CODE OF ETHICS AT LEAST ANNUALLY AND REQUESTED TO COMPLETE AND FILE WITH THE ORGANIZATION AN "ANNUAL CONFLICT OF INTEREST STATEMENT". THE CFO REVIEWS ALL SUCH STATEMENTS AND, IF THERE IS A POTENTIAL OR ACTUAL CONFLICT OF INTEREST, THE CFO BRINGS IT TO THE ATTENTION OF THE CEO AND THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS USED TO ESTABLISH COMPENSATION FOR TOP MANAGEMENT AND KEY EMPLOYEES INCLUDES REVIEW OF COMPENSATION FOR SIMILAR POSITIONS AT COMPARABLE MUSEUMS AND CHARITIES IN THE NEW YORK METROPOLITAN AREA; THE CPI FOR NYC; PERFORMANCE EVALUATIONS; AND RELATIVE PARITY WITHIN THE ORGANIZATION. THIS INFORMATION WAS PRESENTED TO THE EXECUTIVE DIRECTOR BY THE CFO FOR THE YEAR ENDED 12/31/2014. THE COMPENSATION FOR ALL EMPLOYEES WAS THEN APPROVED BY THE EXECUTIVE DIRECTOR AND THE EXECUTIVE COMMITTEE OF THE BOARD. THIS PROCESS WAS LAST UNDERTAKEN FOR EXECUTIVE MANAGEMENT TEAM (OFFICERS AND KEY EMPLOYEES) IN DECEMBER 2014. THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS BASED ON EMPLOYMENT AGREEMENT. FORM 990, PART VI, SECTION C, LINE 19 THE RUBIN MUSEUM OF ART'S FINANCIAL STATEMENTS ARE MADE PUBLIC IN ITS ANNUAL REPORT WHICH IS ALSO POSTED ON ITS WEBSITE. ITS TAX RETURN IS PUBLIC INFORMATION ON GUIDESTAR AND OTHER ORGANIZATIONS THAT MONITOR NOT-FOR-PROFITS. FORM 990, PART IX, LINE 11G CONTRACT LABOR: PROGRAM SERVICE EXPENSES 1,142,305. MANAGEMENT AND GENERAL EXPENSES 181,173. FUNDRAISING EXPENSES 53,553. TOTAL EXPENSES 1,377,031. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 527,927. MANAGEMENT AND GENERAL EXPENSES 28,018. FUNDRAISING EXPENSES 6,050. TOTAL EXPENSES 561,995.