2016-08-11T16:02:53-05:00 2015-12-31 131655065 LUTZ AND CARR CPAS LLP 300 EAST 42ND STREET NEW YORK NY 10017 990 2015-01-01 133585408 MUSEUM OF ARTS AND DESIGN MUSE 2122997777 2 COLUMBUS CIRCLE NEW YORK NY 100191800 ROBERT CUNDALL MANAGING DIRECTOR 2122997777 2016-08-11 1 MICHAEL WALLACE P00881958 2126972299 2015 2017-02-10 21:41:12Z GLENN ADAMSON 2 COLUMBUS CIRCLE NEW YORK NY 100191800 21254763 0 X WWW.MADMUSEUM.ORG X 1991 NY THE MUSEUM OF ARTS AND DESIGN COLLECTS, DISPLAYS, AND INTERPRETS OBJECTS THAT DOCUMENT CONTEMPORARY AND HISTORIC INNOVATION IN CRAFT, ART, AND DESIGN. IN ITS EXHIBITIONS AND EDUCATIONAL PROGRAMS, THE MUSEUM CELEBRATES THE CREATIVE PROCESS THROUGH WHICH MATERIALS ARE CRAFTED INTO WORKS THAT ENHANCE CONTEMPORARY LIFE. 29 29 126 96 -18434 -18434 7064558 6303011 1170091 994542 408167 2143852 2541762 2449560 11184578 11890965 0 0 0 0 4705278 4730117 28184 43804 1521960 8704108 7508712 13437570 12282633 -2252992 -391668 90756240 88084318 596148 637764 90160092 87446554 X THE MUSEUM OF ARTS AND DESIGN COLLECTS, DISPLAYS, AND INTERPRETS OBJECTS THAT DOCUMENT CONTEMPORARY AND HISTORIC INNOVATION IN CRAFT, ART, AND DESIGN. IN ITS EXHIBITIONS AND EDUCATIONAL PROGRAMS, THE MUSEUM CELEBRATES THE CREATIVE PROCESS THROUGH WHICH MATERIALS ARE CRAFTED INTO WORKS THAT ENHANCE CONTEMPORARY LIFE. 0 0 5660204 950824 EXHIBITIONS EACH YEAR, THE MUSEUM OF ARTS AND DESIGN PRESENTS A NUMBER OF GROUNDBREAKING EXHIBITIONS THAT SUPPORT ITS MISSION TO CHAMPION MAKERS ACROSS CREATIVE FIELDS. IN FY15, THE MUSEUM REACHED APPROXIMATELY 100,000 VISITORS THROUGH SIX DISTINCT EXHIBITIONS AT ITS HOME ON COLUMBUS CIRCLE, INCLUDING RICHARD ESTES: PAINTING NEW YORK CITY (MARCH 10, 2015 TO SEPTEMBER 20, 2015), PATHMAKERS: WOMEN IN ART, CRAFT AND DESIGN, MIDCENTURY AND TODAY (APRIL 28, 2015 TO SEPTEMBER 30, 2015), RALPH PUCCI: THE ART OF THE MANNEQUIN (MARCH 31, 2015 TO OCTOBER 25, 2015), JAPANESE KOGEI | FUTURE FORWARD (OCTOBER 20, 2015 TO FEBRUARY 7, 2016,) WENDELL CASTLE REMASTERED (OCTOBER 20, 2015 TO FEBRUARY 28, 2016), AND EBONY G. PATTERSON: DEAD TREEZ (NOVEMBER 10, 2015 TO APRIL 3, 2016). 3855761 1557242 EDUCATION AND PROGRAMMING THE MUSEUM OF ARTS AND DESIGN'S EDUCATION PROGRAMS PROVIDE ENRICHMENT AND EXPOSURE TO THE ARTS FOR THOUSANDS OF K-12 STUDENTS ANNUALLY-WITH AN EMPHASIS ON REACHING UNDERSERVED YOUTH. THESE PROGRAMS TAKE PLACE THROUGHOUT THE GALLERIES AND MAD'S SIXTH-FLOOR EDUCATION CENTER, AS WELL AS IN OFFSITE SCHOOL CLASSROOMS, WHICH ALLOWS THE MUSEUM TO REACH WIDER AUDIENCES AND CATER TO A VARIETY OF STUDENTS WITH SPECIAL NEEDS. WHILE THE MECHANISMS AND/OR TARGET POPULATIONS OF THESE PROGRAMS DIFFER, THEY SHARE THE SAME OVERARCHING GOALS: TO BROADEN THE EXPERIENCE AND KNOWLEDGE OF NEW YORK CITY'S SCHOOL CHILDREN; MAKE LEARNING OPPORTUNITIES AVAILABLE TO THOSE WHO WOULD OTHERWISE NOT HAVE ACCESS; BUILD CRITICAL THINKING AND PROBLEM SOLVING SKILLS; AND CREATE AN ENVIRONMENT OF SUCCESS THAT NOT ONLY FOSTERS SELF-CONFIDENCE AND SELF-ESTEEM, BUT ALSO IMPACTS LIFELONG ACHIEVEMENT. MADLAB K-12MADLAB K-12 IS THE MUSEUM'S FLAGSHIP ARTS-IN-EDUCATION PROGRAM DESIGNED TO ENGAGE K-12 STUDENTS ACROSS NEW YORK CITY IN THE ART OF MAKING; ENCOURAGE SOCIAL AND SKILL DEVELOPMENT VIA LEARNING WITH THEIR HANDS; AND HELP STUDENTS AND TEACHERS ACHIEVE THE REQUIREMENTS OF NYC'S BLUEPRINT FOR TEACHING AND LEARNING IN THE ARTS. THE PROGRAM'S CORE IS A 90-MINUTE TOUR/WORKSHOP TIED TO CLASSROOM SUBJECTS AND STRUCTURED AROUND CURRENT EXHIBITIONS. ARTS ACCESSAS A CORE PART OF MAD'S COMMITMENT TO BRING ARTS EDUCATION TO UNDERSERVED YOUTH, THE MUSEUM OFFERS MADLAB K-12 FREE OF CHARGE TO NYC'S TITLE I SCHOOLS THROUGH ARTS ACCESS. SINCE ITS LAUNCH IN 2010, THE PROGRAM HAS COME TO ACCOUNT FOR MORE THAN 60% OF ALL SCHOOLS SERVED AT MAD, AND AVAILABLE SLOTS HAVE CONSISTENTLY BEEN FILLED TO CAPACITY. THE MUSEUM IS EXPANDING THE PROGRAM IN 2016 WITH THE HOPE OF REACHING 3,000 YOUTH FROM APPROXIMATELY 65 SCHOOLS THAT HAVE LITTLE OR NO ACCESS TO AN ARTS OR DESIGN EDUCATION.ARTS REACHIN 2016, MAD CONTINUES ITS ARTS REACH PROGRAM, WHICH PROVIDES ON-SITE STUDIO ART CLASSES TO STUDENTS SERVING SCHOOL SUSPENSIONS IN THE NEW YORK CITY DEPARTMENT OF EDUCATION'S ALTERNATE LEARNING CENTERS. THROUGH THIS PROGRAM, TEACHING ARTISTS LEAD STUDENTS IN ONE-HOUR SESSIONS TWICE A WEEK WHERE-THROUGH HANDS-ON ART MAKING ACTIVITIES-YOUTH ARE INTRODUCED TO MATERIALS AND PROCESSES FROM THE MUSEUM'S EXHIBITIONS, WITH THE GOAL OF FOSTERING VISUAL LITERACY, CRITICAL THINKING SKILLS, SELF-EXPRESSION, AND SELF-ESTEEM. ARTSLIFE INTERNSHIPSEACH SUMMER, ARTSLIFE ENABLES TEN RISING HIGH SCHOOL JUNIORS AND SENIORS TO PURSUE SEVEN-WEEK PAID INTERNSHIPS WITH THE MUSEUM, INTEGRATING THEM INTO A VARIETY OF OPERATIONS AND PROVIDING THEM WITH AN IMPORTANT PERSPECTIVE ON THE WORKING WORLD. PARTICIPANTS REFLECT THE VAST GEOGRAPHIC, CULTURAL AND SOCIOECONOMIC DIVERSITY OF THE CITY, AND ALSO COME INTO THE PROGRAM WITH LIMITED OR NO PREVIOUS EXPERIENCE WITH THE ARTS. THE PROGRAM PROVIDES THE STUDENTS WITH OPPORTUNITIES TO DEVELOP A RANGE OF KEY LEADERSHIP, COMMUNICATION AND SOCIAL SKILLS NEEDED FOR FUTURE SUCCESS. ARTSLIFE INTERNS ENGAGE IN A RANGE OF ACTIVITIES THAT FALL INTO FOUR CATEGORIES-MUSEUM STUDIES, LEADERSHIP WORKSHOPS, FIELD TRIPS, AND THE CULMINATING EVENT, A STUDENT EXHIBITION IN MAD'S EDUCATION CENTER. MIDDLE SCHOOL PORTFOLIO PREPARATIONIN COLLABORATION WITH THE JOAN MITCHELL FOUNDATION, MAD HOSTS A SERIES OF WORKSHOPS SPECIFICALLY DESIGNED FOR STUDENTS PLANNING TO APPLY TO NEW YORK CITY HIGH SCHOOLS SPECIALIZING IN THE ARTS. EACH WORKSHOP PROVIDES AN OVERVIEW OF THE SCHOOLS AND INDIVIDUALIZED ASSESSMENTS OF STUDENT PORTFOLIOS. PARTICIPANTS HAVE THE OPPORTUNITY TO HONE THEIR INTERVIEWING AND COMMUNICATION SKILLS, WHILE STRENGTHENING THEIR PORTFOLIOS THROUGH DRAWING ASSIGNMENTS AND HOW-TO DEMONSTRATIONS. 9515965 1 1 0 1 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 1 115 0 1 126 1 0 0 0 0 0 0 0 0 0 0 X 29 29 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY NJ X SHARON SABATER 2122997777 2 COLUMBUS CIRCLE NEW YORK NY 10019 LEWIS KRUGER CHAIRMAN 1.00 X X 0 0 0 JEROME A CHAZEN CHAIRMAN EMERITUS 1.00 X X 0 0 0 BARBARA TOBER CHAIRMAN EMERITA 1.00 X X 0 0 0 TED HATHAWAY CO-TREASURER 1.00 X X 0 0 0 FRED KLEISNER CO-TREASURER (THROUGH OCT 2015) 1.00 X X 0 0 0 MICHELE COHEN SECRETARY 1.00 X X 0 0 0 DIEGO ARRIA TRUSTEE 1.00 X 0 0 0 DROR BENSHETRIT TRUSTEE 1.00 X 0 0 0 MARIAN C BURKE TRUSTEE 1.00 X 0 0 0 CECILY CARSON TRUSTEE 1.00 X 0 0 0 SIMONA CHAZEN TRUSTEE 1.00 X 0 0 0 CHARLES S COHEN TRUSTEE 1.00 X 0 0 0 MICHAEL DE PAOLA TRUSTEE 1.00 X 0 0 0 ERIC DOBKIN TRUSTEE 1.00 X 0 0 0 MARCIA DOCTER TRUSTEE 1.00 X 0 0 0 MICHAEL DWECK TRUSTEE 1.00 X 0 0 0 CVIRGINA FIELDS TRUSTEE 1.00 X 0 0 0 SETH GLICKENHAUS TRUSTEE 1.00 X 0 0 0 MICHAEL JESSELSON TRUSTEE 1.00 X 0 0 0 ANN KAPLAN TRUSTEE 1.00 X 0 0 0 KEITH JOHNSON TRUSTEE (THROUGH NOV 2015) 1.00 X 0 0 0 NANETTE L LAITMAN TRUSTEE 1.00 X 0 0 0 SIMONE LEIGH TRUSTEE 1.00 X 0 0 0 JEFFREY MANOCHERIAN TRUSTEE 1.00 X 0 0 0 MARSY MITTLEMANN TRUSTEE 1.00 X 0 0 0 LAURA TAFT PAULSEN TRUSTEE (AS OF SEPT 2015) 1.00 X 0 0 0 LINDA PLATTUS TRUSTEE (AS OF MARCH 2015) 1.00 X 0 0 0 KAMBIZ SHAHBAZI TRUSTEE (THROUGH DEC 2015) 1.00 X 0 0 0 BARBARA KARP SHUSTER TRUSTEE 1.00 X 0 0 0 KLARA SILVERSTEIN TRUSTEE 1.00 X 0 0 0 ANGELA SUN TRUSTEE 1.00 X 0 0 0 ELLEN TAUBMAN TRUSTEE (THROUGH NOV 2015) 1.00 X 0 0 0 WILLIAM S TAUBMAN TRUSTEE 1.00 X 0 0 0 MILES YOUNG TRUSTEE 1.00 X 0 0 0 GLENN ADAMSON NANETTE L. LAITMAN DIRECTOR 40.00 X 293338 0 18338 ROBERT CUNDALL MANAGING DIRECTOR 40.00 X 251644 0 6644 ALAN YAMAHATA VP, MAJOR GIFTS 40.00 X 182975 0 14293 CATHLEEN LEWIS VP EDUCATION 40.00 X 101045 0 2550 SHARON SABATER CONTROLLER 40.00 X 135845 0 2924 JOHN D'AMBROSIO ASSOCIATE VP, TECHNOLOGY 40.00 X 119858 0 3450 LEKA BERISH ASSOCIATE VP, FACILITIES 40.00 X 104645 0 0 RONALD LABACO SENIOR CURATOR 40.00 X 111707 0 0 1301057 0 48199 8 0 1 0 GSH ENERGY PO BOX 103 PINEBROOK NJ 07058 GAS/ELECTRIC/STEAM HVAC MAINTENANCE 982502 UNIVERSAL PROTECTION SERVICE 26375 NETWORK PL CHICAGO IL 60673 GUARD SERVICE 526398 LAKESIDE COLLABORATIVE 115 WOOSTER STREET NEW YORK NY 10012 STORE RETAIL BRAND 207600 ATELIER 4 35-00 47TH ST LONG ISLAND CITY NY 11101 SHIPPING STORAGE 190347 PIER SIXTY CHELSEA PIERS 23RD ST AT WESTSIDE H NEW YORK NY 10011 CATERING/RENTAL SERVICE 120146 7 606807 1901685 118000 3676519 318742 6303011 MUSEUM ADMISSION FEES 713990 773651 773651 TRAVEL EXHIBITION FEES 713990 177173 177173 LECTURES AND WORKSHOPS 900099 28018 28018 MEMBER TRIPS 561520 15700 15700 994542 319583 -18434 338017 896056 0 896056 896056 896056 9438946 7614677 1824269 1824269 1824269 450270 1901685 450270 0 2812375 1298851 1513524 1513524 OTHER REVENUE 900099 39980 39980 39980 11890965 2508066 -18434 3098322 835321 612973 90161 132187 3229369 2687607 115456 426306 38415 32220 1268 4927 298026 241401 15351 41274 328986 267173 16612 45201 58416 58416 43804 43804 29553 29553 683794 482172 84102 117520 318656 5770 3952 308934 412995 198498 54911 159586 107081 59493 20862 26726 1810796 1603483 199108 8205 153829 73141 40541 40147 4217 1054 3163 2429315 2186383 242932 176221 49054 125943 1224 INSTALLATION AND DESIGN 556388 556388 SHIPPING AND CRATING 259305 253024 204 6077 PRINTING 185438 72212 3928 109298 ART COLLECTION PURCHASE 5850 5850 316858 128069 138245 50544 12282633 9515965 1244708 1521960 894475 1583829 90613 79248 992563 817324 180639 202600 317312 340246 172041 162973 93026492 20027673 75418619 72998819 12607064 11816365 82914 82914 90756240 88084318 594148 565171 2000 2000 0 70593 596148 637764 X 76605513 74326727 3245518 2809466 10309061 10310361 90160092 87446554 90756240 88084318 -391668 -2321870 0 X 0 1 X 1 0 X 9908635 8024411 12840852 7064558 6303011 44141467 0 9908635 8024411 12840852 7064558 6303011 44141467 7941962 36199505 1198025 1189871 1149700 1234671 1215639 5987906 11411 22727 16733 13093 39980 103944 50233317 15688156 0.72060 0.70200 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12282633 12282633 764132 191033 0 0 855316 845308 821879 764132 3286635 4929953 25000 25000 213829 211327 205407 191033 821596 1232394 X X X X 0 12689978 1300 -216999 575000 11899279 12872829 14750 367935 565536 12689978 11870485 1000 1644344 643000 12872829 10677288 1250000 750697 807500 11870485 10477975 876000 -284583 392104 10677288 0.03800 0.86800 0.09400 0 0 8510400 8510400 9229600 1730550 7499050 70342563 13525886 56816677 4943929 4771237 172692 72998819 DEFERRED RENT LIABILITY 70593 70593 9654617 -2321870 115075 -2206795 11861412 29553 29553 11890965 12368155 115075 115075 12253080 29553 29553 12282633 PART III, LINE 4: THE MUSEUM MAINTAINS A COLLECTION OF WORKS OF CONTEMPORARY ART OBJECTS. A DESCRIPTION OF THE CONTENTS OF THE PERMANENT COLLECTION IS MAINTAINED BY THE REGISTRAR. THE MUSEUM HAS INSURANCE COVERAGE FOR ITEMS ON ITS PREMISES, IN STORAGE, IN TRANSIT AND ON LOAN AT OTHER LOCATIONS. THE VALUE OF THE COLLECTION, WHICH WAS ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE ORGANIZATION'S INCEPTION, IS NOT REFLECTED AS AN ASSET ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE EXPENSED IN THE YEAR OF ACQUISITION. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENT OF ACTIVITIES. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED ON THE STATEMENT 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 V, LINE 4: THE ENDOWMENT IS INTENDED TO SUPPORT THE MUSEUM'S EDUCATION PROGRAMS AND GENERAL OPERATIONS. X X X X X X X 1 PRENTICE ART COMMUNICATION 155 WEST 68 ST 1531 NEW YORK NY 10023 FUNDRAISING EVENT CONSULTING 0 200818 43804 157014 200818 43804 157014 NY NJ MAD BALL 2015 1219194 867694 351500 121614 229886 LOOT! 2015 929263 884493 44770 44770 1 203498 149498 54000 54000 2351955 1901685 450270 220384 229886 450270 0 SCHEDULE G, PART I, LINE 2B, COLUMN (V) PROFESSIONAL FEES - $36,000 EXPENSE REIMBURSEMENTS - $7,804 X X X X 1 0 0 0 0 0 0 0 0 GLENN ADAMSON NANETTE L. LAITMAN DIRECTOR 275000 0 0 0 18338 0 8250 0 10088 0 311676 0 0 0 ROBERT CUNDALL MANAGING DIRECTOR 245000 0 0 0 6644 0 4288 0 2356 0 258288 0 0 0 ALAN YAMAHATA VP, MAJOR GIFTS 175000 0 0 0 7975 0 5250 0 9043 0 197268 0 0 0 X 46 79495 AUCTION PROCEEDS X 4 142747 FAIR MARKET VALUE X AUCTION ITEMS 0 96500 AUCTION PROCEEDS 7 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 JEROME A. CHAZEN, CHAIRMAN EMERITUS, AND SIMONA CHAZEN, TRUSTEE - FAMILY RELATIONSHIP. JEROME A. CHAZEN, CHAIRMAN EMERITUS, AND WILLAM S. TAUBMAN, TRUSTEE - BUSINESS RELATIONSHIP. ELLEN TAUBMAN AND WILLIAM S. TAUBMAN - FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11 MANAGEMENT WORKS WITH THE MUSEUM'S AUDIT FIRM TO PREPARE THE 990 TAX RETURN. ONCE THE AUDIT FIRM COMPLETES THE 990 IT IS GIVEN TO MANAGEMENT FOR REVIEW. BOTH THE MANAGING DIRECTOR AND THE CONTROLLER REVIEW THE DOCUMENTS PREPARED BY THE AUDIT FIRM TO ENSURE IT IS ACCURATE AND CONSISTENT WITH THE MATERIAL PROVIDED DURING AUDIT. THE MANAGING DIRECTOR THEN REVIEWS THIS DOCUMENT WITH THE DIRECTOR OF THE MUSEUM AND POINTS OUT ALL OF THE DISCLOSURE ISSUES THE DIRECTOR SHOULD FOCUS ON. THE AUDIT COMMITTEE THEN REVIEWS THE DOCUMENT. A COPY OF THE 990 IS PROVIDED TO THE ENTIRE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE MUSEUM'S CONFLICT OF INTEREST POLICY IS CONTAINED WITHIN ITS CODE OF ETHICS POLICY. THIS POLICY APPLIES TO ALL EMPLOYEES AND TO BOARD MEMBERS. AT THE BOARD LEVEL THE POLICY IS PRESENTED AND DISTRIBUTED ANNUALLY. A SELF AUDIT TAKES PLACE AND ANY POTENTIAL CONFLICTS ARE DISCLOSED TO THE EXECUTIVE COMMITTEE OF THE BOARD. ALL EMPLOYEES ARE GIVEN AN EMPLOYEE MANUAL ON THEIR FIRST DAY OF EMPLOYMENT WHICH CONTAINS CERTAIN PROVISIONS OF THE CODE OF ETHICS. THE FULL CODE IS AVAILABLE ON THE MUSEUM INTRANET. ALL POTENTIAL CONFLICTS ARE REPORTED TO THE SENIOR MANAGEMENT OF THE MUSEUM AND DISCUSSED BY BOTH THE DIRECTOR AND MANAGING DIRECTOR. WHILE MOST POTENTIAL CONFLICTS ARE STRAIGHTFORWARD, LEGAL COUNSEL IS SOUGHT WHEN NECESSARY. FORM 990, PART VI, SECTION B, LINE 15A THE FINANCE COMMITTEE AND THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS OVERALL PAYROLL INFORMATION FOR THE MUSEUM AND PLANNED INCREASES. THE SALARY OF THE DIRECTOR IS SET BY CONTRACT BY THE EXECUTIVE COMMITTEE. WHEN SETTING THE CONTRACT SALARY, THE COMMITTEE RELIES ON DATA AVAILABLE FROM COMPARABLE INSTITUTIONS AND PUBLISHED IN THE 990S OF OTHER INSTITUTIONS. THE COMMITTEE ALSO CONSIDERS LONGEVITY AND ACCOMPLISHMENTS IN SETTING ALL OF THE TERMS OF THE AGREEMENT. THE MANAGING DIRECTOR IS ALSO REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD. THOSE SALARIES ARE SET BASED ON MARKET CONDITIONS, COMPARABLE SALARIES, AND STAFF SALARIES WITHIN THE MUSEUM. THE REMAINING STAFF SALARIES ARE SET BASED ON THE EVALUATION BY THE DIRECTOR AND THE MANAGING DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST