2016-03-04T13:37:02-06:00 2015-06-30 131655065 LUTZ AND CARR CPAS LLP 300 EAST 42ND STREET NEW YORK NY 10017 990 2014-07-01 237412428 INTERNATIONAL CENTER OF PHOTOGRAPHY INTE 2128570000 1114 AVENUE OF THE AMERICAS NEW YORK NY 100367703 LAURIE MCLEOD COO & CFO 2128570000 2016-03-02 1 LAUREN CRESCI P01268493 2126972299 2014 2016-08-17 19:52:53Z LAURIE MCLEOD 1114 AVENUE OF THE AMERICAS NEW YORK NY 100367703 43936852 0 X WWW.ICP.ORG X 1974 NY THE INTERNATIONAL CENTER OF PHOTOGRAPHY IS A CENTER WHERE PHOTOGRAPHS ARE COLLECTED, PROTECTED, RESEARCHED, AND EXHIBITED; A PLACE WHERE STUDENTS OF ALL AGES AND ACCOMPLISHMENTS LEARN TO MAKE IMAGES AND ARE CHALLENGED BY TECHNICAL AND AESTHETIC LESSONS. ICP PROVIDES A FORUM FOR THE EXCHANGE OF IDEAS AND FOR THE USE OF PHOTOGRAPHY AS A MEDIUM FOR REVEALING THE HUMAN CONDITION. 30 30 261 65 0 0 4535419 18387687 8820683 8400425 1148197 4686695 296855 265289 14801154 31740096 582807 633228 0 0 7507647 8033237 0 0 1235534 8803327 8053355 16893781 16719820 -2092627 15020276 34335091 54722951 7898358 16730335 26436733 37992616 X THE INTERNATIONAL CENTER OF PHOTOGRAPHY IS A MUSEUM AND SCHOOL DEDICATED TO THE UNDERSTANDING AND APPRECIATION OF PHOTOGRAPHY. ICP CREATES PROGRAMS OF THE HIGHEST QUALITY TO ADVANCE KNOWLEDGE OF THE MEDIUM. THESE INCLUDE EXHIBITIONS, COLLECTIONS, AND EDUCATION FOR THE GENERAL PUBLIC, MEMBERS, STUDENTS, AND PROFESSIONALS IN THE FIELD OF PHOTOGRAPHY. 0 0 1737191 1120469 EXHIBITIONS - ICP'S IN-HOUSE AND TRAVELING EXHIBITIONS REFLECT THE HISTORY OF PHOTOGRAPHIC STYLES AND APPLICATIONS. IN FY 2015, ICP PRESENTED 5 TEMPORARY EXHIBITIONS, 2 WINDOW EXHIBITIONS AND WINDOW DISPLAYS, AND 6 TRAVELING EXHIBITIONS AT VENUES AROUND THE WORLD. MUSEUM ATTENDANCE WAS 73,402. GUIDED EXHIBITION TOURS SERVED 4,343 YOUTH AND ADULTS IN FY'15 AND SELF-GUIDED TOURS SERVED 3,681. 596520 45710 ARCHIVES & COLLECTIONS - ICP MAINTAINS A PERMANENT COLLECTION OF APPROXIMATELY 154,000 PHOTOGRAPHIC PRINTS, 5,000 TIME BASED MEDIA AUDIO, VIDEO AND MOTION PICTURE FILMS, AND 202,000 NEGATIVES. IN FY 2015, ICP ACQUIRED 150 NEW WORKS FOR THE COLLECTIONS, AND OVER 316 RESEARCHERS CONSULTED WORKS IN THE ICP PRINT STUDY ROOM. 8119875 633228 7068091 EDUCATION - ICP'S LECTURES, SEMINARS, AND WORKSHOPS COVER ALL ASPECTS OF PHOTOGRAPHY. ADULT EDUCATION COURSES TOTALING 545 IN FY 2015 WERE ATTENDED BY 3,051 STUDENTS. IN ADDITION TO THESE CONTINUING EDUCATION COURSES, ICP OFFERED 3 FULL-TIME PROGRAMS ATTENDED BY 104 STUDENTS: 2 SINGLE-YEAR CERTIFICATE PROGRAMS AND A 2-YEAR MASTER OF FINE ARTS PROGRAM IN COLLABORATION WITH BARD COLLEGE. 42 PUBLIC LECTURES WERE OFFERED AT ICP, INCLUDING A 20-WEEK LECTURE SERIES WHICH BEGAN IN 1974, AND 5 EXHIBITIONS OF STUDENT, FACULTY, AND ALUMNI PHOTOGRAPHS WERE PRESENTED IN THE EDUCATION GALLERY. THE ICP LIBRARY, WHICH SERVES STUDENTS, FACULTY, STAFF, SCHOLARS, AND THE GENERAL PUBLIC, ACQUIRED 3,770 BOOKS IN FY'15, SERVING OVER 7,920 PATRONS ON-SITE AND RESPONDING TO OVER 2,940 TELEPHONE OR EMAIL RESEARCH REQUESTS. GUIDED TOURS SERVED 4,720 YOUTH AND ADULTS IN FY'14 AND SELF-GUIDED TOURS SERVED 3,594. 289588 257449 MUSEUM STORE 136227 166155 PUBLICATIONS - EXHIBITION CATALOGS AND BOOKS ABOUT PHOTOGRAPHY PUBLISHED BY THE CENTER. 425815 423604 10879401 1 1 0 0 0 0 0 1 0 1 1 1 0 0 0 1 1 0 0 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 460 0 1 261 1 0 0 0 0 0 1 1 0 0 0 0 X 30 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X VICTOR F QUINONES 2128570023 1114 AVENUE OF THE AMERICAS NEW YORK NY 10036 GAYLE G GREENHILL CHAIR EMERITA 2.00 X X 0 0 0 CARYL S ENGLANDER CHAIR 8.00 X X 0 0 0 BICKY KELLNER VICE CHAIR 2.00 X X 0 0 0 JEFFREY A ROSEN PRESIDENT 2.00 X X 0 0 0 STEPHANIE H SHUMAN EXECUTIVE VICE PRESIDENT 2.00 X X 0 0 0 FREDERICK SIEVERT EXECUTIVE VICE PRESIDENT 5.00 X X 0 0 0 RENEE W HARBERS LIDDELL VICE PRESIDENT 2.00 X X 0 0 0 ALMUNDENA LEGORETTA VICE PRESIDENT 2.00 X X 0 0 0 SAMUEL L MILBANK TREASURER 5.00 X X 0 0 0 PEGGY ANDERSON SECRETARY 2.00 X X 0 0 0 MICHAEL CLINTON TRUSTEE 2.00 X 0 0 0 TJ GOTTESDIENER TRUSTEE 2.00 X 0 0 0 PETER GUGGGENHEMER TRUSTEE 2.00 X 0 0 0 DOUGLAS B HANSEN TRUSTEE 2.00 X 0 0 0 SUE HOSTETLER TRUSTEE (TERM ENDED JUNE 2015) 2.00 X 0 0 0 BOB JEFFREY TRUSTEE 2.00 X 0 0 0 KARL KATZ TRUSTEE 2.00 X 0 0 0 ELLEN KELSON TRUSTEE 2.00 X 0 0 0 ANDREW E LEWIN TRUSTEE 3.00 X 0 0 0 RAYMOND J MCGUIRE TRUSTEE 1.00 X 0 0 0 SCOTT MEAD TRUSTEE 2.00 X 0 0 0 JAN W MULDER TRUSTEE 2.00 X 0 0 0 FABIAN A ONETTI TRUSTEE 2.00 X 0 0 0 PAT SCHOENFELD TRUSTEE 2.00 X 0 0 0 JON D SIMTH JR TRUSTEE 2.00 X 0 0 0 MARSHALL SONENSHINE TRUSTEE (TERM ENDED DECEMBER 2014) 2.00 X 0 0 0 JANICE B STANTON TRUSTEE 2.00 X 0 0 0 STEFANO TONCHI TRUSTEE 2.00 X 0 0 0 DIANE TUFT TRUSTEE 2.00 X 0 0 0 JAMES A D'AQUILA TRUSTEE 2.00 X 0 0 0 ADAM FUSS TRUSTEE 2.00 X 0 0 0 MARK LUBELL DIRECTOR 40.00 X 398116 0 63104 STEVE ROONEY DEPUTY DIRECTOR FOR ADMIN 40.00 X 206234 0 219342 PHILLIP BLOCK DEPUTY DIR. 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EXHIBITIONS/COLLECTION 40.00 X 160860 0 16217 WARREN NICHOLS DIRECTOR OF INFO TECHNOLOGY 40.00 X 117760 0 7881 EDWARD EARLE CURATOR OF COLLECTIONS/INFO SYSTEMS 40.00 X 111715 0 18491 VICTOR QUINONES CONTROLLER 40.00 X 111555 0 13951 TAMA O'BRIEN LEGAL COUNCIL 40.00 X 107534 0 6384 1387594 0 376948 8 0 1 0 NORTH KINGDOM DESIGN & COMMUNICATION AB STORGATAN 32 SKELLEFTEA SW 931 31 WEBSITE UPGRADE 502584 PATTERSON BELKNAP WEBB & TYLER LLP 1133 AVENUE OF THE AMERICAS NEW YORK NY 10036 LEGAL SERVICES 267531 PIER SIXTY LLC CHELSEA PIERS 62 - SUITE 300 NEW YORK NY 10011 EVENT SITE 167288 SECURITAS SECURITY SERVICE 2 CAMPUS DRIVE PARSIPPANY NJ 07054 SECURITY SERVICE 117558 DG3 NORTH AMERICA 100 BURMA ROAD JERSEY CITY NJ 07305 DESIGN & PRINTING 108186 6 1076455 250800 17060432 1502512 18387687 TUITION AND EDUCATION FEES 611600 7068091 7068091 ADMISSIONS 900099 570647 570647 MEMBERSHIP 900099 319002 319002 EXHIBITION TOURS 900099 230820 230820 PUBLICATIONS 511130 166155 166155 45710 45710 8400425 359801 359801 15856341 11529447 4326894 4326894 4326894 366478 1076455 366478 0 558280 300831 257449 257449 INSURANCE SETTLEMENT ON DAMAGED A 900099 7840 7840 7840 31740096 8657874 0 4694535 X 633228 633228 1674428 623483 894804 156141 5081012 3091195 1463590 526227 170691 112956 32774 24961 514573 289785 166590 58198 592533 327887 203684 60962 52542 52542 73612 73612 123515 123515 2034013 1742422 276441 15150 284380 275669 4795 3916 867549 776551 69801 21197 852886 660349 168816 23721 289362 245259 31667 12436 226685 171540 51548 3597 382657 289569 87017 6071 97220 91067 6153 RENT AND LEASE COST 1430229 1050994 275807 103428 MOVING EXPENSE 245255 245255 CAPITAL PROJECT AND LOA 208637 208637 DATA PROCESSING 162116 15897 126944 19275 722697 481550 40893 200254 16719820 10879401 4604885 1235534 46798 16449 467738 1050055 1689644 7957471 255848 172053 239551 171610 527506 490418 39137019 14426141 524246 24710878 18321056 11932155 11151459 7629283 111245 445754 1000000 146825 34335091 54722951 770190 914457 1098168 907217 6030000 14908661 7898358 16730335 X 11944379 23328302 3647981 3807055 10844373 10857259 26436733 37992616 34335091 54722951 15020276 -3464393 0 X 0 1 X 1 0 X 5251209 4637187 3744707 4535419 18387687 36556209 5251209 4637187 3744707 4535419 18387687 36556209 11728547 24827662 892893 704353 584461 464078 359801 3005586 26225 26499 881000 7840 941564 40503359 49060756 0.61300 0.74610 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 13280631 432500 546044 624402 13634773 11950954 1915204 585527 13280631 11145526 205000 1149915 549487 11950954 10614749 1045000 -18925 495298 11145526 9557630 293630 1178617 415128 10614749 0.78060 0.21940 0 0 2348932 2348932 21208863 21208863 2361606 1845050 516556 13217618 12581091 636527 24710878 ANGELO GORDON & CO - LIMITED PARTNERSHIP 3670805 F MILLENIUM INTERNATIONAL - LIMITED PARTNERSHIP 1200806 F SEG PARTNERS OFFSHORE - LIMITED PARTNERSHIP 2757672 F 7629283 X 30203019 -3464393 1750000 300831 -1413562 31616581 123515 123515 31740096 18647136 1750000 300831 2050831 16596305 123515 123515 16719820 PART III, LINE 1A: THE CENTER'S ARCHIVES AND COLLECTION INCLUDES OVER 154,000 PRINTS BY MORE THAN 2,800 PHOTOGRAPHERS. THE CENTER ALSO MAINTAINS AN EXTENSIVE LIBRARY OF PHOTOGRAPHY BOOKS AND PUBLICATIONS. THESE RESOURCES ARE MAINTAINED FOR PUBLIC BENEFIT, TO BE USED IN PUBLIC EXHIBITIONS AND FOR EDUCATION AND RESEARCH ACTIVITY. IN CONFORMITY WITH ACCOUNTING POLICIES GENERALLY FOLLOWED BY ART MUSEUMS, THE VALUE OF THESE RESOURCES HAS BEEN EXCLUDED FROM THE STATEMENT OF FINANCIAL POSITION, AND GIFTS OF OBJECTS FOR THE COLLECTION AND LIBRARY ARE EXCLUDED FROM THE STATEMENT OF ACTIVITIES. PURSUANT TO THE CENTER'S POLICY AND GENERALLY ACCEPTED PRACTICES AT ART MUSEUMS, PROCEEDS FROM THE SALE OF COLLECTION OR LIBRARY OBJECTS ARE USED TO ACQUIRE OTHER COLLECTION OR LIBRARY OBJECTS. SUCH PROCEEDS, TOGETHER WITH CONTRIBUTIONS AND UNCONDITIONAL PROMISES TO GIVE FOR THE PURCHASE OF ITEMS FOR THE COLLECTION AND LIBRARY, ARE CLASSIFIED AS TEMPORARILY RESTRICTED NET ASSETS UNTIL ACQUISITIONS ARE MADE. THE COST OF SUCH ACQUISITIONS IS RECORDED AS A SEPARATE PROGRAM EXPENSE. PART III, LINE 4: THE PERMANENT COLLECTION AT THE INTERNATIONAL CENTER OF PHOTOGRAPHY (ICP) CONTAINS OVER 154,000 PHOTOGRAPHS. SINCE THE OPENING OF ICP IN 1974, IMPORTANT HISTORICAL AND CONTEMPORARY IMAGES HAVE BEEN ACQUIRED THROUGH A DEDICATED ACQUISITIONS COMMITTEE AND GENEROUS DONATIONS AND BEQUESTS FROM PHOTOGRAPHERS AND COLLECTORS. THE COLLECTION SPANS THE HISTORY OF THE PHOTOGRAPHIC MEDIUM, FROM DAGUERREOTYPES TO GELATIN SILVER AND DIGITAL CHROMOGENIC PRINTS. THE COLLECTION IS OPEN BY APPOINTMENT MONDAY THROUGH FRIDAY FROM 11:00 AM TO 5:00 PM. THE COLLECTION IS ACTIVELY USED BY INDEPENDENT SCHOLARS, OUTSIDE ACADEMIC INSTITUTIONS, AND ICP'S OWN EDUCATIONAL PROGRAM THROUGH CLASS VISITS, RESEARCH AND INTERNSHIP PROJECTS. THE MUSEUM PRESENTS SELECTIONS FROM THE COLLECTION WITHIN ITS LOCAL EXHIBITIONS PROGRAM AND WITHIN TRAVELING EXHIBITIONS PRESENTED INTERNATIONALLY. FURTHER, ICP LENDS PHOTOGRAPHIC WORKS TO OTHER MUSEUMS FOR PRESENTATION TO THE PUBLIC. THE COLLECTION IS STRONGEST IN ITS HOLDINGS OF AMERICAN AND EUROPEAN DOCUMENTARY PHOTOGRAPHY OF THE 1930S THROUGH THE 1990S. IT COMPRISES LARGE BODIES OF WORK BY HENRI CARTIER-BRESSON, CHIM (DAVID SEYMOUR), FARM SECURITY ADMINISTRATION PHOTOGRAPHERS, ALFRED EISENSTADT, ELLIOTT ERWITT, LISETTE MODEL, GORDON PARKS, MARC RIBOUD, AARON SISKIND, GERDA TARO, JAMES VANDERZEE, GARRY WINOGRAND, JUSTINE KURLAND, KATY GRANNAN, LIU ZHENG, LOUISE LAWLER, SUSAN MEISELAS, STEPHEN SHORE, VIK MUNIZ, AND TOMOKO SAWADA. RECENT ACQUISITIONS HAVE INCLUDED WORKS BY CONTEMPORARY ARTISTS: SHIMPEI TAKEDA, JESSICA TODD HARPER, ALDO SESSA, KATHERINE LEROY, MAYA GODED, AND ROBIN HAMMOND, AS WELL AS WORKS FROM MORE ESTABLISHED ARTISTS: MORRIS ENGEL, LEONARD FREED, MIKE DISFARMER, AARON SISKIND, JOEL MEYEROWITZ, WILLIAM WEGMAN, AND LOUIS STETTNER.. ICP'S COLLECTIONS ALSO INCLUDE A LARGE BODY OF 19TH CENTURY GLASS PLATE NEGATIVES AND ALBUMEN PRINTS BY THOMAS COLLINS (1823-1873). ANOTHER COMPONENT OF THE COLLECTION IS A SIGNIFICANT GROUP OF PHOTOGRAPHICALLY ILLUSTRATED MAGAZINES AND NEWSPAPERS, PARTICULARLY THOSE PUBLISHED BETWEEN WORLD WAR I AND II, SUCH AS ARBEITER ILLUSTRIERTE ZEITUNG, BERLINER ILLUSTRIRTE ZEITUNG,ESTAMPA. FRONT, LIFE, LILLIPUT, MID-WEEK PICTORIAL, PICTURE POST, PM, REGARDS, VOILA, AND VU. IN ADDITION TO MAJOR HOLDINGS OF THESE PHOTOGRAPHERS, THE FOLLOWING ARCHIVES FORM THE CORE OF THE ICP COLLECTION: THE ROBERT CAPA AND CORNELL CAPA ARCHIVE: THE COLLECTION CONTAINS THE COMPLETE HOLDINGS OF ROBERT CAPA'S CAREER, INCLUDING OVER 2,300 VINTAGE PRINTS. AMONG THEM ARE HIS CELEBRATED PHOTOGRAPHS OF THE SPANISH CIVIL WAR AND WORLD WAR II. CORNELL AND EDITH CAPA GAVE THE MAJORITY OF THE WORK TO ICP IN 1993. THE ARCHIVE ALSO INCLUDES ROBERT CAPA'S ORIGINAL NEGATIVES AND CONTACT SHEETS. CORNELL CAPA'S ESTATE ALSO GIFTED HIS OWN ORIGINAL NEGATIVES AND WELL AS OVER 2,000 ADDITIONAL PRINTS BY BOTH BROTHERS. CORNELL CAPA'S ESTATE ALSO GIFTED THE FULL ARCHIVE OF BOTH ROBERT CAPA AND CORNELL CAPA'S ORIGINAL NEGATIVES, VINTAGE PRINTS AND ARCHIVAL CORRESPONDENCE. VISHNIAC ARCHIVE: THROUGH CORNELL CAPA, ICP HAD A VERY STRONG BASE COLLECTION OF WORKS BY ROMAN VISHNIAC THROUGH BOTH PURCHASE AND GIFTS FROM THE PHOTOGRAPHER. HIS DAUGHTER, MARA VISHNIAC KOHN HAS OFFERED A PROMISED GIFT OF THE ENTIRE ARCHIVE INCLUDING VINTAGE PRINTS, ORIGINAL NEGATIVES, AUDIO RECORDINGS AND CORRESPONDENCE. THIS INCLUDES HIS FAMOUS IMAGES OF JEWISH LIFE IN CENTRAL EUROPE TAKEN IN THE LATE 1930S, HIS EXTENSIVE PORTRAIT WORK DONE IN THE UNITED STATES IN THE 1940S AND 50S AS WELL AS HIS LIFE CAREER IN MICROSCOPIC PHOTOGRAPHY. SOME OF THESE WORKS WERE GIFTED TO ICP IN OCTOBER, 2013. WEEGEE ARCHIVE: THE WEEGEE ARCHIVE WAS GIVEN TO ICP IN 1993 AT THE BEQUEST OF WILMA WILCOX, THE PHOTOGRAPHER'S LONG-TIME COMPANION. WEEGEE'S WORK IS BEST KNOWN FOR HIS TABLOID NEWS PHOTOGRAPHS OF URBAN CROWDS, CRIME SCENES, AND NEW YORK CITY NIGHTLIFE. THE WEEGEE ARCHIVE CONTAINS 20,000 ORIGINAL PRINTS AND NEGATIVES, TEAR SHEETS, MANUSCRIPT DRAFTS, CORRESPONDENCE, AND OTHER PERSONAL MEMORABILIA. THE ARCHIVE IS THE WORLD'S LARGEST HOLDING OF WEEGEE'S WORK. DANIEL COWIN COLLECTION: THE DANIEL COWIN COLLECTION OF AFRICAN AMERICAN HISTORY WAS GIVEN TO ICP BY DANIEL COWIN IN 1990. THE COLLECTION OF ABOUT 1,600 PHOTOGRAPHS, INCLUDING SEVERAL ALBUMS, DATING FROM 1860 TO 1960 ARE OF BOTH WELL-KNOWN AND UNIDENTIFIABLE AFRICAN AMERICANS MADE FOR BOTH PRIVATE AND PUBLIC CIRCULATION, CREATING AN IMPORTANT PORTRAIT OF AMERICAN LIFE. AIDS GRAPHICS: THE AIDS GRAPHICS COLLECTION WAS PURCHASED BY ICP IN 2000. VARIOUS ARTISTS AND COLLECTIVES MADE THIS GROUP OF ABOUT 230 POSTERS, STICKERS, PAMPHLETS, PHOTOGRAPHS, AND LASER PRINTS DURING THE 1980S AND EARLY 1990S IN RESPONSE TO THE AIDS CRISIS. DAVID SEIDNER ARCHIVE: THE DAVID SEIDNER ARCHIVE CONTAINS PRINTS, NEGATIVES, AND PAPERS OF THE LATE FASHION PHOTOGRAPHER. THE COLLECTION SPANS HIS ENTIRE CAREER, INCLUDING HIS WORK WITH YVES SAINT LAURENT, PORTRAITS OF CONTEMPORARY ARTISTS, PORTRAITS BASED ON HISTORICAL PAINTINGS, AND PHOTOGRAPHS OF ORCHIDS, TAKEN AT THE END OF HIS LIFE. ARTISTS' POSTER COMMITTEE COLLECTION: THE ARTISTS' POSTER COMMITTEE COLLECTION INCLUDES OVER 200 POSTERS MADE IN THE 1960S AND '70S FOR NATIONAL DISTRIBUTION TO RAISE AWARENESS OF POLITICAL AND SOCIAL ISSUES, PARTICULARLY THE ATROCITIES OF THE VIETNAM WAR AND THE 1971 ATTICA PRISON RIOT. THE ARCHIVE INCLUDES ORIGINAL PHOTOGRAPHS, PRINTS, AND COLLAGES, AS WELL AS OFFSET POSTERS. IMPACT VISUALS ARCHIVE: THERE ARE APPROXIMATELY 30,000 8X10 INCH BLACK AND WHITE PRESS PRINTS AND COLOR SLIDES BY PHOTOGRAPHERS WORKING WITH IMPACT VISUALS, A COOPERATIVE PHOTO AGENCY FOUNDED IN 1985. THE GROUP OF SOCIALLY CONSCIOUS PHOTOGRAPHERS FOCUSED ON SOCIAL ISSUES, INCLUDING AIDS, ABORTION, THE ENVIRONMENT, HOMELESSNESS, HUMAN RIGHTS, RACISM, AND LABOR STRUGGLES BETWEEN 1985 AND 2001, WHEN THE AGENCY FOLDED UNDER FINANCIAL STRAIN. SEPTEMBER 11 ARCHIVE: SINCE SEPTEMBER 11, 2001, THE INTERNATIONAL CENTER OF PHOTOGRAPHY HAS MAINTAINED ITS SEPTEMBER 11 ARCHIVE, A COLLECTION OF PHOTOGRAPHIC MATERIALS RELATED TO THE EVENTS OF THAT DAY. THE ARCHIVE OF OVER FIFTEEN HUNDRED OBJECTS INCLUDES A COMPREHENSIVE COLLECTION OF NEWSPAPERS FROM SEPTEMBER 11 AND THE FOLLOWING DAYS, A PORTION OF THE EXHIBITION "HERE IS NEW YORK," PHOTOGRAPHS BY PHOTOJOURNALISTS AND BYSTANDERS, MISSING PERSONS POSTERS, PUBLICATIONS, VIDEOS, AND OTHER HISTORICAL ARTIFACTS. THE LIFE MAGAZINE COLLECTION: IN 2005, TIME-LIFE DONATED 1,000 VINTAGE PRINTS FROM THE ARCHIVES OF LIFE MAGAZINE. THIS COLLECTION INCLUDES WORKS BY MARGARET BOURKE-WHITE, LARRY BURROWS, ALFRED EISENSTAEDT, DOROTHEA LANGE, NINA LEEN, JOSEPH LOUW, CARL MYDANS, GORDON PARKS, GEORGE ROGER, W. EUGENE SMITH, AND ABRAHAM ZAPRUDER. HIROSHIMA: UNITED STATES STRATEGIC BOMBING SURVEY: THIS COLLECTION INCLUDES OVER 750 PHOTOGRAPHIC PRINTS AND CONTACT IMAGES FROM HIROSHIMA, JAPAN TAKEN BY THE UNITED STATES PHYSICAL DAMAGE DIVISION FOR THE UNITED STATES STRATEGIC BOMBING SURVEY (USSBS). THIS SURVEY TOOK PLACE IN THE FALL OF 1945 AND DOCUMENTED THE EFFECTS OF THE ATOMIC BOMB ON THE CITY. DOCUMENTARY ARTS INC. COLLECTION: IN FY 15, DOCUMENTARY ARTS INC. PROMISED TO DONATE THREE MAJOR HOLDINGS OF WORK TO ICP OVER A TEN-YEAR PERIOD. THE DONATION OF OVER 100,000 PHOTOGRAPHIC PRINTS, NEGATIVES, SLIDES, DIGITAL PHOTOGRAPHS, FILM, VIDEOTAPES, FIELD SOUND RECORDINGS, EXHIBITION CATALOGS, LETTERS, AND OTHER EPHEMERA WILL ENABLE ICP TO EXPAND ITS COLLECTION OF DOCUMENTARY PHOTOGRAPHS ESPECIALLY BY AND OF AFRICAN AMERICANS. PART V, LINE 4: ICP'S ENDOWMENT IS INVESTED TO PRESERVE THE INFLATION-ADJUSTED VALUE OF ITS PRINCIPAL AND TO PROVIDE TOTAL RETURN TO SUPPORT THE ORGANIZATION'S PROGRAMS. THE AMOUNT OF ENDOWMENT USED EACH YEAR (ALSO KNOWN AS THE SPENDING RATE) IS CALCULATED AS 5% OF THE ENDOWMENT'S AVERAGE BALANCE OVER THE PRECEEDING TWELVE QUARTERS. THE ENDOWMENT USE IS BOTH FOR ACTIVITIES THAT HAVE BEEN RESTRICTED BY THE ENDOWMENT DONOR SUCH AS EDUCATION PROGRAMS, STAFF POSITIONS, COLLECTION ACQUISITIONS, EXHIBIITONS, AND RESEARCH, AS WELL AS FOR GENERAL SUPPORT OF THE INSTITUTION'S PROGRAMS IF THE ENDOWMENT GIFT IS UNRESTRICTED BY THE DONOR. PART X, LINE 2: MANAGEMENT HAS EVALUATED ALL INCOME TAX POSITIONS AND CONCLUDED THAT NO DISCLOSURES RELATING TO UNCERTAIN TAX POSITIONS ARE REQUIRED IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 300,831. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 300,831. PART III, LINE 3 AT THE END OF THE LEASE TERM, ICP VACATED THE SPACE WHERE ITS GALLERIES, BOOKSTORE, COLLECTIONS, AND CURATORIAL OFFICES WERE LOCATED. IN JANUARY 2015 ICP MOVED THE COLLECTIONS AND CURATORIAL OFFICES TO MANA CONTEMPORARY IN JERSEY CITY, NEW JERSEY. THE BOOKSTORE WAS TEMPORARILY RE-LOCATED TO MANA TO HANDLE INTERNET SALES ONLY. IN APRIL 2015 ICP PURCHASED A CONDOMINIUM AT 250 BOWERY AND IS CURRENTLY RENOVATING THE SPACE FOR THE GALLERY AND BOOKSTORE. ICP CONTINUES TO HOLD EXHIBITIONS AT MANA AND AT OTHER TEMPORARY VENUES THROUGHOUT NEW YORK CITY. EUROPE 0 0 PROGRAM SERVICES TRAVELING EXHIBITIONS 197000 EUROPE 0 0 PROGRAM SERVICES PUBLICATIONS 16790 EUROPE 0 0 PROGRAM SERVICES COLLECTION ROYALTIES 114773 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES COLLECTION ROYALTIES 2303 NORTH AMERICA 0 0 PROGRAM SERVICES COLLECTION ROYALTIES 3000 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 7629283 0 0 0 0 0 0 7963149 0 7963149 0 0 1 0 0 0 INFINITY AWARDS 1010558 297308 713250 136788 160520 ICP SPOTLIGHTS 232375 69170 163205 45948 23222 1242933 366478 876455 182736 183742 366478 509977 1 DIRECTOR SCHOLARSHIP (FINANCIAL NEED) 34 208344 OTHER FT FINANCIAL NEED 17 50000 FULLTIME PROGRAM WORK STUDY 12 7963 TEEN STUDENT TUITION SCHOLARSHIP 161 192556 FMV TEEN TUITION FINANCIAL NEED TEACHERS ASSISTANT WORKSTUDY 104 46987 FMV TEACHERS ASSISTANT EMPLOYEE EDUCATION BENEFIT 83 97378 FMV EMPLOYEE BENEFIT HILLMAN FOUNDATION FELLOWSHIPS 3 30000 PART I, LINE 2: ICP PROVIDES FINANCIAL ASSISTANCE TO STUDENTS IN THE FORM OF WORK-STUDY AND SCHOLARSHIPS. WORK-STUDY IS AVAILABLE TO FULL-TIME STUDENTS, WHO WITH PROGRAM CHAIR APPROVAL, MAY WORK UP TO 40 HOURS PER TERM IN A VARIETY OF ICP DEPARTMENTS IN EXCHANGE FOR A TUITION REDUCTION OF UP TO $400 PER TERM. NO MORE THAN $1,200 IS AVAILABLE PER STUDENT PER YEAR IN TUITION REDUCTION. EACH STUDENT IS MONITORED TO ENSURE THAT THEY ADHERE TO THE TIME REQUIREMENTS. 12 STUDENTS RECEIVED WORK-SUTDY TUITION REDUCTION DURING THE THREE TERMS OF 2015. SCHOLARSHIPS ARE PROVIDED TO FULL-TIME ONE-YEAR CERTIFICATE STUDENTS WHO HAVE SUCCESSFULLY COMPLETED THEIR FIRST TERM AT ICP. SCHOLARSHIPS ARE PROVIDED TO BOTH FIRST YEAR AND SECOND YEAR STUDENTS OF THE MASTER OF FINE ARTS PROGRAM. THE AMOUNT OF SCHOLARSHIP FUNDS AVAILABLE VARIES EACH YEAR. IN 2015, 51 STUDENTS RECEIVED TUITION ASSISTANCE IN THE FORM OF SCHOLARSHIPS. SCHOLARSHIPS ARE AWARDED BASED ON ACADEMIC PERFORMANCE. THE SCHOLARSHIP COMMITTEE REVIEWS EACH APPLICANT'S GRADES, INSTRUCTOR EVALUATIONS, AND PORTFOLIOS BEFORE DETERMINING THE AWARDS. NON-CASH ASSISTANCE IS PROVIDED TO STUDENTS IN TEEN PROGRAMS, STUDENTS WHO ASSIST FACULTY, AND EMPLOYEES. 555 STUDENTS WERE ENROLLED AND 161 OF THEM WERE ABLE TO ATTEND COURSES AT ICP THROUGH SCHOLARSHIPS. THE SCHOLARSHIPS AWARDED COVERED 50-80% OF THE CLASS FEE, DEPENDING ON NEED. SCHOLARSHIPS ARE BASED ON THE FINANCIAL NEEDS OF THE FAMILY, AS WELL AS COMMITMENT OF THE STUDENT TO PARTICIPATE IN THE PROGRAM, AS INDICATED BY A WRITTEN ESSAY IN THEIR APPLICATION. STAFF COMMUNICATE WITH THE FACULTY AND FAMILY ON AN ON-GOING BASIS TO ASSESS EACH STUDENTS' SUCCESS THROUGHOUT EACH 10-WEEK COURSE. TEACHING ASSISTANTS WORK IN EXCHANGE FOR A TUITION REDUCTION OR LAB TIME IN THE DARKROOM OR DIGITAL MEDIA LAB. IN ORDER TO RECEIVE A 50% REDUCTION IN TUITION, STUDENTS ASSIST FACULTY OR OTHER EDUCATION STAFF FOR 40 HOURS PER TERM. EACH STUDENT IS MONITORED TO ENSURE THAT THEY ADHERE TO THE TIME REQUIREMENTS. 104 STUDENTS WORKED AS TEACHER ASSISTANTS DURING 2015. FULL-TIME EMPLOYEES MAY ENROLL TUITION-FREE IN TWO COURSES PER TERM, AND PART-TIME EMPLOYEES ONE COURSE PER TERM, IF THEY MEET ADMISSIONS REQUIREMENTS AND SPACE IS AVAILABLE. EMPLOYEE ENROLLMENT IS TRACKED USING THE SAME PROCEDURES AS ALL OTHER STUDENTS. 83 EMPLOYEES WERE ABLE TO ATTEND COURSES IN 2015 THROUGH THIS PROGRAM. X X X 1 0 0 0 0 0 0 0 0 MARK LUBELL DIRECTOR 398116 0 0 0 0 0 40000 0 23104 0 461220 0 0 0 STEVE ROONEY DEPUTY DIRECTOR FOR ADMIN 206234 0 0 0 0 0 210625 0 8717 0 425576 0 0 0 PHILLIP BLOCK DEPUTY DIR. FOR PROGRAMS 173820 0 0 0 0 0 9425 0 22153 0 205398 0 0 0 BRIAN WALLIS DEPUTY DIR. EXHIBITIONS/COLLECTION 160860 0 0 0 0 0 8250 0 7967 0 177077 0 0 0 PART I, LINE 4A PURSUANT TO A SEVERANCE AGREEMENT, STEVE ROONEY IS ENTITLED TO $200,000 SEVERANCE OF WHICH $100,000 WAS PAID PRIOR TO JUNE 30, 2015. THE UNPAID BALANCE OF $100,000 HAS BEEN ACCRUED AND INCLUDED AS ACCRUED EXPENSES AT JUNE 30, 2015. ALSO, BRIAN WALLIS RECEIVED A SEVERANCE PAYMENT OF $82,500. A BUILD NYC RESOURCE CORPORATION 2015-04-01 15000000 0 0 0 A 15000000 15000000 2015 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 1 0 0 0 0 A 1 SCHEDULE K, PART I, BOND ISSUES. (A) ISSUER NAME: BUILD NYC RESOURCE CORPORATION. (F) DESCRIPTION OF PURPOSE: THE PURCHASE, CONSTRUCTION AND EQUIPPING OF THE RETAIL CONDOMINIUM UNIT AS MUSEUM FACILITY. X 5860 X 17 1502512 12 0 1 0 PART I, LINE 33: A ZERO AMOUNT WAS REPORTED ON FORM 990, PART VIII LINE 1G BECAUSE THE ORGANIZATION DID NOT CAPITALIZE ITS COLLECTIONS, AS ALLOWED UNDER GAAP. FORM 990, PART VI, SECTION B, LINE 11 STAFF WORK CLOSELY WITH OUTSIDE AUDITORS TO PREPARE A DRAFT FORM 990, WHICH IS THEN REVIEWED BY THE AUDIT COMMITTEE. SUBSEQUENT TO ANY RECOMMENDATIONS BY THE AUDIT COMMITTEE, THE FINAL FORM 990 IS MADE AVAILABLE TO EACH MEMBER OF THE BOARD OF TRUSTEES IN ADVANCE OF THE PLANNED FILING DATE. FORM 990, PART VI, SECTION B, LINE 12C ICP REGULARLY AND CONSISTENTLY MONITORS COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY. THE CONFLICT OF INTEREST POLICY IS CONTAINED WITHIN ICP'S CODE OF ETHICS. EACH TRUSTEE IS PROVIDED WITH A COPY, EITHER UPON ELECTION TO THE BOARD, OR AS NEEDED, SUCH AS WHEN THE POLICY IS REVISED. ICP'S CONFLICT OF INTEREST POLICY AS PART OF THE CODE OF ETHICS WAS LAST REVISED AND APPROVED BY THE ENTIRE BOARD OF TRUSTEES JUNE 2007. EACH YEAR, TRUSTEES ARE ASKED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT. ANY POTENTIAL OR ACTUAL CONFLICTS OF INTEREST ARE REPORTED TO THE AUDIT COMMITTEE, WHICH DETERMINES IF THE MATTER NEEDS TO BE REPORTED TO THE EXECUTIVE COMMITTEE AND, IF NECESSARY, TO THE FULL BOARD. THE AUDIT COMMITTEE IS ALSO REQUIRED TO REVIEW ACTUAL OR POTENTIAL CONFLICTS OF INTEREST OF PROSPECTIVE TRUSTEES AND REPORT ON THE MATTER TO THE FULL BOARD BEFORE THE NOMINATION IS ACTED UPON. ALL STAFF RECEIVE A COPY OF THE CODE OF ETHICS, WHICH INCLUDES THE CONFLICTS OF INTEREST POLICY, AND ARE EXPECTED TO FAMILIARIZE THEMSELVES WITH THE POLICY AND ABIDE BY ITS MANDATES. POTENTIAL CONFLICTS THAT KEY STAFF MAY ENCOUNTER ARE MANAGED BY THE DIRECTOR. FORM 990, PART VI, SECTION B, LINE 15 15A . THE DIRECTOR'S COMPENSATION IS REVIEWED BY THE COMPENSATION COMMITTEE, WHOSE MEMBERS ARE THE BOARD'S PRESIDENT, CHAIR, AND TREASURER, WHICH RECOMMENDS AN AMOUNT TO BE APPROVED BY THE ENTIRE BOARD BEFORE IMPLEMENTATION. THE COMMITTEE REVIEWS DATA FROM ANNUAL SALARY SURVEYS SUCH AS THOSE CONDUCTED BY THE ASSOCIATION OF ART MUSEUM DIRECTORS AND THE MUSEUM ASSOCIATION OF NEW YORK, AS WELL AS COMPENSATION DATA FROM SPECIFIC MUSEUMS IN NEW YORK CITY. THE COMMITTEE ALSO REVIEWS THE DIRECTOR'S INTERNAL PERFORMANCE APPRAISALS, HIS COMPENSATION HISTORY, AND ANY OTHER RELEVANT INFORMATION. THE BOARD'S APPROVAL IS RECORDED IN THE MINUTES AND A MEMO AUTHORIZING THE INCREASE IS PLACED IN THE DIRECTOR'S PERSONNEL FILE. 15B. THE COMPENSATION FOR THE DEPUTY DIRECTORS ARE ALSO BENCHMARKED TO SALARY SURVEYS AND OTHER NEW YORK CITY MUSEUMS, AND REVIEWED ANNUALLY BY THE BOARD'S COMPENSATION COMMITTEE. MEMOS AUTHORIZING ANY COMPENSATION INCREASE ARE PLACED IN THEIR PERSONNEL FILES. FORM 990, PART VI, SECTION C, LINE 19 ICP'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. ICP'S 990 IS ALSO AVAILABLE AT WWW.GUIDESTAR.ORG. FORM 990, PART IX, LINE 11G TEACHERS & LECTURE FEES: PROGRAM SERVICE EXPENSES 1,441,020. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,441,020. CONSULTANTS: PROGRAM SERVICE EXPENSES 269,885. MANAGEMENT AND GENERAL EXPENSES 276,441. FUNDRAISING EXPENSES 13,721. TOTAL EXPENSES 560,047. OTHER: PROGRAM SERVICE EXPENSES 31,517. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 1,429. TOTAL EXPENSES 32,946.