2025-11-16T17:55:06-06:00 2024-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2024-01-01 464894732 THE MUSEUM OF LANGUAGE ARTS INC MUSE 2029313145 925 13TH STREET NW WASHINGTON DC 20005 ANN B FRIEDMAN CHAIR AND CEO 2029313145 2025-11-16 1 0 RICHARD J LOCASTRO CPA P00288314 3019519090 2024 2025-03-06 01:10:19Z PLANET WORD ANN B FRIEDMAN 925 13TH STREET NW WASHINGTON DC 20005 7177682 0 X WWW.PLANETWORDMUSEUM.ORG X 2013 DC SEE PART III, LINE 1. 32 32 46 35 0 0 6486813 4493670 238072 279647 28693 67655 1498152 1399686 8251730 6240658 0 0 0 0 2802154 2749804 0 0 276824 4700090 4369097 7502244 7118901 749486 -878243 55849080 55019102 349977 398242 55499103 54620860 X PLANET WORD IS A MUSEUM THAT INSPIRES AND RENEWS A LOVE OF WORDS, LANGUAGE, AND READING THROUGH UNIQUE, IMMERSIVE LEARNING EXPERIENCES. IT PROVIDES A SPACE TO EXPLORE WORDS AND LANGUAGE THAT IS GROUNDED IN A SOLID UNDERSTANDING OF LANGUAGE ARTS AND SCIENCE. 0 0 6272512 564017 ON OCTOBER 22, 2020, THE MUSEUM OFFICIALLY OPENED ITS DOORS TO THE PUBLIC. THE MUSEUM SERVES MORE THAN 150,000 VISITORS ANNUALLY ON-SITE IN THE NEWLY PRESERVED AND REHABILITATED FRANKLIN SCHOOL, A 50,000-SQUARE-FOOT, 5-STORY NATIONAL HISTORIC LANDMARK. THE MUSEUM CURRENTLY FEATURES 10 IMMERSIVE, INTERACTIVE EXHIBIT GALLERIES THAT ENGAGE VISITORS IN EXPERIENCING WORDS AND LANGUAGE FROM A WIDE RANGE OF PERSPECTIVES - FROM THE SCIENCE OF HOW LANGUAGE SKILLS DEVELOP EARLY IN LIFE TO HOW WORDS ARE USED CREATIVELY AND PERSUASIVELY IN MUSIC, POETRY, HUMOR, ADVERTISING, ORATORY, AND LITERATURE. IN ADDITION, THE MUSEUM PROVIDES DYNAMIC AND ROBUST ONGOING ARTS, CULTURE, AND EDUCATION PROGRAMMING IN ITS AUDITORIUM AND CLASSROOM SPACES, AS WELL AS ONLINE, FOR CHILDREN, ADULTS, FAMILIES, STUDENTS, AND TEACHERS. OTHER FEATURES OF THE MUSEUM INCLUDE A GIFT SHOP, OFFICE SPACE FOR THE ADMINISTRATION OF THE MUSEUM, A RESTAURANT OPERATED BY A THIRD PARTY, AND AN INTERACTIVE GAME GALLERY THAT OPENED IN MARCH 2022 FEATURING WORD PUZZLES, MYSTERIES, AND RIDDLES TO SOLVE THROUGHOUT THE ROOM. 6272512 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 56 0 1 46 1 0 0 0 0 0 0 0 0 0 0 0 0 X 32 32 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X NICHELLE DEJESUS SERTSU EXECUTIVE 2029313145 925 13TH STREET NW WASHINGTON DC 20005 ANN B FRIEDMAN CHAIR AND CEO 55.00 X X 0 0 0 THOMAS L FRIEDMAN FIRST VICE CHAIR 5.00 X X 0 0 0 SARA MARK LESK SECOND VICE CHAIR 5.00 X X 0 0 0 JOSEPH SASSOON THIRD VICE CHAIR 5.00 X X 0 0 0 JAY D GOLDBERG TREASURER 5.00 X X 0 0 0 DOUGLAS L SIEGLER SECRETARY 5.00 X X 0 0 0 DONALD BAER DIRECTOR 1.00 X 0 0 0 HYESOOK CHUNG DIRECTOR 1.00 X 0 0 0 MICHAEL CORNFELD DIRECTOR 2.00 X 0 0 0 ANN DOERR DIRECTOR 1.00 X 0 0 0 SUSAN ENGEL DIRECTOR 1.00 X 0 0 0 SAMIA FAROUKI DIRECTOR 2.00 X 0 0 0 MARY LOU GORNO DIRECTOR 2.00 X 0 0 0 KEN GREER DIRECTOR 2.00 X 0 0 0 PUJA KAUL DIRECTOR 1.00 X 0 0 0 LINDSAY COOPER MARTIN DIRECTOR 1.00 X 0 0 0 CARON GARCIA MARTINEZ DIRECTOR 1.00 X 0 0 0 PATRICK MCGINNIS DIRECTOR 1.00 X 0 0 0 CRAIG MUNDIE DIRECTOR 1.00 X 0 0 0 JONATHAN PLUTZIK DIRECTOR 1.00 X 0 0 0 DEBORAH RATNER SALZBERG DIRECTOR 1.00 X 0 0 0 STEFANIE SANFORD DIRECTOR 1.00 X 0 0 0 DOV SEIDMAN DIRECTOR 1.00 X 0 0 0 MARSHA SEMMEL DIRECTOR 1.00 X 0 0 0 TINA SMALL DIRECTOR 1.00 X 0 0 0 ANNA DEAVERE SMITH DIRECTOR 1.00 X 0 0 0 RALPH SMITH DIRECTOR 1.00 X 0 0 0 RICK SOSKIN DIRECTOR 1.00 X 0 0 0 JERRY TARDE DIRECTOR 1.00 X 0 0 0 FRED TERRELL DIRECTOR 1.00 X 0 0 0 LYNN THOMAN DIRECTOR 1.00 X 0 0 0 NATALIE WINSTON DIRECTOR 1.00 X 0 0 0 NICHELLE A DEJESUS EXECUTIVE DIRECTOR 40.00 X 275000 0 24318 ELLETT TOOMEY SENIOR DIRECTOR OF DEVELOPMENT 40.00 X 202500 0 19851 TENESHA R VINES DIRECTOR, FINANCE 40.00 X 117600 0 13350 ADRIANA A LICON DIR. OF OPERATIONS & VISITOR SVCS. 40.00 X 100053 0 10291 695153 0 67810 4 0 1 0 LOCAL PROJECTS LLC 123 WILLIAM ST STE 801 NEW YORK NY 10038 EXHIBIT CONTENT DEVELOPMENT 605420 ADMIRAL SECURITY SERVICES 4520 EAST WEST HWY SUITE 200 BETHESDA MD 20814 SECURITY SERVICES 338926 UNITED JANITORIAL SERVICES 10411 MOTOR CITY DR SUITE 500 BETHESDA MD 20817 CLEANING SERVICES 173939 3 4493670 624386 4493670 ADMISSION FEES 900099 141742 141742 PROGRAM INCOME 900099 107605 107605 MEMBERSHIP 900099 30300 30300 279647 97028 97028 1090813 0 1090813 1090813 1090813 613541 642914 -29373 -29373 -29373 578480 294110 284370 284370 INSURANCE PROCEEDS 900099 17554 17554 MISCELLANEOUS 900099 6949 6949 24503 6240658 564017 0 1182971 299319 275373 8980 14966 2111790 1853824 154159 103807 1885 1664 128 93 164477 144277 12117 8083 172333 152119 11726 8488 167801 167801 509329 467042 29162 13125 65591 65591 129482 114580 4180 10722 189699 177130 9474 3095 1086872 1067154 14064 5654 27191 19798 2255 5138 8356 6448 329 1579 868 868 1916102 1686170 134127 95805 78655 73947 4708 HONORARIA 64100 64100 PROCESSING FEES 55490 51501 3989 FOOD 30004 24335 5669 DUES AND SUBSCRIPTIONS 11635 8880 2660 95 27922 18579 8838 505 7118901 6272512 569565 276824 2028911 2718180 177602 629146 1242316 725499 56697 44057 63769 61297 110551 124021 56898799 6202801 52119695 50695998 49539 20904 55849080 55019102 334358 358453 12250 39108 3369 681 349977 398242 X 53609101 53474315 1890002 1146545 55499103 54620860 55849080 55019102 -878243 0 X 0 1 X 1 0 X 7392472 2458313 3629315 6486813 4493670 24460583 7392472 2458313 3629315 6486813 4493670 24460583 9454777 15005806 385 182087 896015 1097898 1187841 3364226 1061 1693 10414 7120 6949 27237 27852046 2680637 0.53880 0.51680 X SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: PROPERTY (INCL. OF RESTORATION & REHABILITATION) DATE: 10/17/22 AMOUNT: 36900000. SCHEDULE A, UNUSUAL GRANTS DETAIL: ON 08/18/22, THE ORGANIZATION RECEIVED AN ADVANCED RULING UNDER TREASURY REGULATION SECTION 1.170A-9(F)(6)(II) TO CONCLUDE THAT A $36,900,000 GRANT WAS UNUSUAL. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 166493 25100 7656 199249 147093 19400 166493 126593 20500 147093 101593 25000 126593 101593 101593 0.00000 1.00000 0.00000 0 0 38654471 2716925 35937546 989033 613688 375345 17255295 2872188 14383107 50695998 FINANCING LEASE LIABILITY 681 681 6423616 182958 182958 6240658 0 6240658 7301859 182958 182958 7118901 0 7118901 PART V, LINE 4: IN OCTOBER 2019, THE MUSEUM WAS GRANTED A GIFT IN THE AMOUNT OF $101,593 TO BE HELD IN PERPETUITY. DURING 2021, THE MUSEUM RECEIVED AN ADDITIONAL $100,000 ENDOWMENT GIFT. THIS GIFT IS TO BE PAID OVER FIVE (5) YEARS. AS OF DECEMBER 31, 2024, THE ENDOWMENT BALANCE IS $201,593, OF WHICH $199, 249 IS PRESENTED AS RESTRICTED CASH AND CASH EQUIVALENTS AND $10,000 IS INCLUDED IN CONTRIBUTIONS AND GRANTS RECEIVABLE. AS A SMALL PRIVATE NONPROFIT MUSEUM, THE MUSEUM VALUES RESPONSIBLE MANAGEMENT OF ITS ENDOWMENT FUNDS. IN ORDER TO ENSURE THE LONG-TERM SUSTAINABILITY OF THE ORGANIZATION, THE MUSEUM HAS ESTABLISHED A POLICY THAT GOVERNS THE APPROPRIATION AND SPENDING OF ITS ENDOWMENT FUNDS. THE MUSEUM WILL NOT APPROPRIATE OR SPEND ANY ENDOWMENT FUNDS UNTIL THE VALUE OF THE FUND REACHES $5,000,000. THIS POLICY IS DESIGNED TO ENSURE THE MUSEUM HAS SUFFICIENT RESOURCES TO SUPPORT OPERATIONS AND PROGRAMS, WHILE ALSO MAINTAINING THE LONG-TERM GROWTH AND STABILITY OF THE ENDOWMENT. X X X X 0 0 0 0 0 0 0 0 0 NICHELLE A DEJESUS EXECUTIVE DIRECTOR 275000 0 0 0 0 0 0 0 24318 0 299318 0 0 0 ELLETT TOOMEY SENIOR DIRECTOR OF DEVELOPMENT 202500 0 0 0 0 0 0 0 19851 0 222351 0 0 0 X 4 642914 FMV 0 0 1 0 PART I, COLUMN (B): THIS COLUMN REPORTS THE NUMBER OF CONTRIBUTIONS RECEIVED. SCHEDULE M, PART I, LINE 9: FORM 990, PART VIII, LINE 1G REPORTS $624,386 OF DONATED SECURITIES. SCHEDULE M, PART I, LINE 9 REPORTS $642,914. THE DIFFERENCE IS A RESULT OF PRIOR YEAR PLEDGES THAT, UNDER ACCRUAL ACCOUNTING, WERE INCLUDED IN INCOME IN PRIOR YEARS, BUT NOT PAID DURING THOSE YEARS. WHEN THE PLEDGES WERE PAID IN 2024, THE DONORS FULFILLED THE OBLIGATIONS WITH STOCK. FORM 990, PART VI, SECTION A, LINE 2 ANN B. FRIEDMAN, CHAIR AND CEO, HAS A FAMILY RELATIONSHIP WITH THOMAS L. FRIEDMAN, FIRST VICE CHAIR OF THE BOARD, AND WITH NATALIE FRIEDMAN WINSTON, BOARD DIRECTOR. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD SECRETARY AND TREASURER REVIEW AND APPROVE THE FORM 990. THE FINANCE COMMITTEE OF THE BOARD READ THROUGH THE FORM 990 AND COMMUNICATE DIRECTLY WITH THE CEO AND EXECUTIVE DIRECTOR TO ASCERTAIN IF THEY HAVE ISSUES OR TO GAIN CLARIFICATION WHEN THE INFORMATION OR RESPONSES ARE NOT SELF-EVIDENT. THE ENTIRE BOARD RECEIVES A COPY OF FORM 990 (REDACTING SCHEDULE B) BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION ASKS EACH DIRECTOR AND EMPLOYEE TO SIGN AND SUBMIT A COPY OF THE CONFLICT OF INTEREST POLICY SUMMARY AT THE ANNUAL BOARD MEETING TO THE CORPORATE SECRETARY OR TO SUBMIT IT BY MAIL OR EMAIL IF HE/SHE CANNOT ATTEND THE MEETING. PERIODIC REVIEWS, AS CALLED FOR IN THE POLICY, ARE CONDUCTED BY THE FINANCE COMMITTEE IN CONJUNCTION WITH THE CEO AND EXECUTIVE DIRECTOR. IF A CONFLICT OF INTEREST ARISES, THE BOARD MEMBER OR OFFICER RECUSES HIM/HERSELF FROM VOTING ON THAT PARTICULAR MATTER OR SUBJECT. FORM 990, PART VI, SECTION B, LINE 15A A NATIONAL SEARCH PROCESS FACILITATED BY AN INDEPENDENT ORGANIZATION PROVIDED A COMPENSATION REVIEW BASED ON SIMILAR POSITIONS LOCALLY AND NATIONALLY, AS WELL AS A DETAILED JOB DESCRIPTION DEFINING DUTIES, RESPONSIBILITIES, REQUIRED SKILL LEVEL AND EXPERIENCE. THE BOARD MUST APPROVE ANY CEO/EXECUTIVE DIRECTOR INCREASES. THE LAST COMPENSATION REVIEW TOOK PLACE IN MARCH 2021. THE LAST COMPENSATION REVIEW BY OFFICERS OF THE BOARD TOOK PLACE IN NOVEMBER 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FRANKLIN SCHOOL DEVELOPMENT LLC 925 13TH STREET NW WASHINGTON DC 20005 384028909 HOLD PROPERTY; RESTORATION AND REHABILITATION DC 0 0 THE MUSEUM OF LANGUAGE ARTS