2015-05-15T10:17:24-05:00 2014-06-30 131655065 LUTZ AND CARR CPAS LLP 300 EAST 42ND STREET NEW YORK NY 10017 990 2013-07-01 237379091 PS 1 CONTEMPORARY ART CENTER INC PS1C 7187867040 46-01 21ST STREET LONG ISLAND CITY NY 11101 JENNI KIM COO 7187867040 2015-05-14 1 DONALD SHAEFITZ P00449034 2126972299 2013 2016-04-25 22:37:26Z MOMA PS1 AGNES GUND 46-01 21ST STREET LONG ISLAND CITY NY 11101 8315161 0 X WWW.MOMAPS1.ORG X 1971 NY TO ORGANIZE AND PRESENT CONTEMPORARY ART EXHIBITIONS AND PROGRAMS. 20 20 210 150 0 0 6216619 6155911 1501149 1893649 85 -991 12720 106880 7730573 8155449 0 0 0 0 4293787 4926291 0 0 167161 5020540 6187234 9314327 11113525 -1583754 -2958076 4626633 3308286 631480 2271209 3995153 1037077 X MOMA PS1 IS A CONTEMPORARY ART INSTITUTE IN LONG ISLAND CITY, NEW YORK. AN EXHIBITION SPACE RATHER THAN A COLLECTING INSTITUTION, MOMA PS1 DEVOTES ITS ENERGY AND RESOURCES TO DISPLAYING THE MOST EXPERIMENTAL ART IN THE WORLD. A CATALYST AND AN ADVOCATE FOR NEW IDEAS, DISCOURSES, AND TRENDS IN CONTEMPORARY ART, MOMA PS1 ACTIVELY PURSUES EMERGING ARTISTS, NEW GENRES, AND ADVENTUROUS NEW WORK BY RECOGNIZED ARTISTS IN AN EFFORT TO SUPPORT INNOVATION IN CONTEMPORARY ART. MOMA PS1 ACHIEVES THIS MISSION BY PRESENTING ITS DIVERSE PROGRAM TO A BROAD AUDIENCE IN A UNIQUE ENVIRONMENT IN WHICH VISITORS CAN DISCOVER AND EXPLORE THE WORK OF CONTEMPORARY ARTISTS. 0 0 8510006 1893649 DURING FISCAL YEAR 2014, MOMA PS1 PRESENTED EXHIBITIONS AND PROGRAMMING SERVING OVER 218,000 VISITORS -- A RECORD FOR THE INSTITUTION. MOMA PS1 CONTINUED TO PRESENT THE WORK OF EMERGING ARTISTS, ESTABLISHED ARTISTS WORKING IN NEW GENRES, AND OVERALL, PRESENTING TO THE PUBLIC WORKS OF CONTEMPORARY ART THAT ARE ENGAGING, CHALLENGING, AND GROUND-BREAKING ARTWORK IN A UNIQUE, ACCESSIBLE VENUE. 8510006 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 100 0 210 1 0 0 0 0 0 1 1 0 0 0 0 X 20 20 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X JENNI KIM - CHIEF OPERATING OFFICER - MOMA PS1 7187867040 46-01 21ST STREET LONG ISLAND CITY NY 11101 AGNES GUND CHAIRMAN 1.00 X X 0 0 0 PHILIP E AARONS VICE CHAIRMAN 1.00 X X 0 0 0 JOHN COMFORT TREASURER 1.00 X X 0 0 0 RICHARD CHANG BOARD MEMBER 1.00 X 0 0 0 DANA FAROUKI BOARD MEMBER 1.00 X 0 0 0 LEX FENWICK BOARD MEMBER 1.00 X 0 0 0 ADRIANA CISNEROS DE GRIFFIN BOARD MEMBER 1.00 X 0 0 0 SUSAN HAYDEN BOARD MEMBER 1.00 X 0 0 0 ADAM KIMMEL BOARD MEMBER 1.00 X 0 0 0 SYDIE LANSING BOARD MEMBER 1.00 X 0 0 0 JENNIFER MCSWEENEY BOARD MEMBER 1.00 X 0 0 0 PETER NORTON BOARD MEMBER 1.00 X 0 0 0 DIANA WIDMAIER PICASSO BOARD MEMBER 1.00 X 0 0 0 SHEIKHA HOOR AL QASIMI BOARD MEMBER 1.00 X 0 0 0 CINDY SHERMAN BOARD MEMBER 1.00 X 0 0 0 TOM SLAUGHTER BOARD MEMBER 1.00 X 0 0 0 JULIA STOSCHEK BOARD MEMBER 1.00 X 0 0 0 BETH SWOFFORD BOARD MEMBER 1.00 X 0 0 0 DAVID TEIGER BOARD MEMBER 1.00 X 0 0 0 MICKALENE THOMAS BOARD MEMBER 1.00 X 0 0 0 KLAUS BIESENBACH DIRECTOR 40.00 X 307871 0 28106 PETER KATZ CHIEF OPERATING OFFICER 40.00 X 185401 0 25325 PETER ELEEY CURATOR 40.00 X 129012 0 10120 622284 0 63551 3 0 1 0 INTERNATIONAL PROTECTION GROUP LLC 481 8TH AVENUE SUITE 1570 NEW YORK NY 10001 BUILDING SECURITY 619049 1 1130370 842931 4182610 88582 6155911 ADMISSIONS 713990 1308120 1308120 SALES 713990 410315 410315 BOOKSTORE AND CAFE COM 713990 122314 122314 MEMBERSHIP 713990 52900 52900 1893649 5 5 106880 0 106880 106880 106880 87586 88582 -996 -996 -996 71130 1130370 71130 0 8155449 1893649 0 105889 535171 251530 283641 3594937 3316108 211376 67453 151154 130859 14616 5679 360785 320284 26193 14308 284244 246080 27484 10680 32624 32624 194116 193718 40 358 298438 285649 11095 1694 1416117 1354214 61903 461086 367588 57313 36185 444640 444640 114760 114760 CONTRACT SERVICES 1806916 1675662 100450 30804 ADMINISTRATIVE & OTHER 1418537 253554 1164983 11113525 8510006 2436358 167161 307855 1004393 658390 82607 1494053 712500 1230616 842917 3903080 3237211 935719 665869 4626633 3308286 478633 923043 1200000 152847 148166 631480 2271209 X 213338 239378 3699941 715825 81874 81874 3995153 1037077 4626633 3308286 -2958076 0 X X 0 1 X 1 0 X 3174173 3393209 7205175 6216619 6155911 26145087 3174173 3393209 7205175 6216619 6155911 26145087 5059355 21085732 65373 78570 62962 11980 106885 325770 43534 31847 64090 63408 122314 325193 26796050 6107188 0.78690 0.79540 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 3125 0 0 3125 0 PART II-B, LINE 1: MOMA PS1'S LOBBYING ACTIVITIES CONSISTED OF MEETINGS AND TOURS WITH LOCAL PUBLIC OFFICIALS TO DISCUSS A RANGE OF TOPICS INCLUDING: THE WORK OF MOMA PS1, MOMA PS1'S REQUEST FOR CAPITAL FUNDING, THE REDEVELOPMENT OF JAMAICA BAY AND THE ROCKAWAYS, AND ISSUES FACING NEW YORK CITY INSTITUTIONS. 84933 -2333 82600 84933 84933 84933 84933 84933 6 -9 84933 84919 14 84933 0.99120 0.00880 0 0 3326450 2883123 443327 277669 177600 100069 298961 176488 122473 665869 SALARY - RELATED PAYABLES 148166 148166 X 8161949 6500 6500 8155449 0 8155449 11120025 6500 6500 11113525 0 11113525 PART V, LINE 4: MOMA PS1'S ENDOWMENT CONSISTS OF ONE DONOR-RESTRICTED FUND ESTABLISHED FOR A MEMORIAL ENDOWMENT FUND. PART X, LINE 2: MANAGEMENT EVALUATED ALL INCOME TAX POSITIONS, INCLUDING THE POSITION THAT MOMA PS1 IS EXEMPT FROM INCOME TAXES OR NOT SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS INCOME, AND CONCLUDED THAT NO DISCLOSURES RELATING TO UNCERTAIN TAX POSITIONS ARE REQUIRED IN THE FINANCIAL STATEMENTS. BENEFIT GALA 1201500 1130370 71130 34089 4220 32821 1201500 1130370 71130 34089 4220 32821 71130 0 X X X X X 0 0 0 0 0 0 0 0 0 KLAUS BIESENBACH DIRECTOR 307871 0 0 0 0 0 24414 0 3692 0 335977 0 0 0 PETER KATZ CHIEF OPERATING OFFICER 185401 0 0 0 0 0 22569 0 2756 0 210726 0 0 0 X 88582 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MOMA IS A CORPORATE MEMBER OF THE MOMA PS1 ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A MOMA IS A CORPORATE MEMBER OF THE MOMA PS1 ORGANIZATION WITH THE POWER TO ELECT OR APPOINT BOARD MEMBERS AND PARTICIPATE IN CERTAIN MANAGEMENT DECISIONS. FORM 990, PART VI, SECTION A, LINE 7B MOMA IS A CORPORATE MEMBER OF THE MOMA PS1 ORGANIZATION WITH THE POWER TO ELECT OR APPOINT BOARD MEMBERS AND PARTICIPATE IN CERTAIN MANAGEMENT DECISIONS. FORM 990, PART VI, SECTION B, LINE 11 INFORMATION FOR MOMA PS1'S FORM 990 IS GENERATED FROM MOMA PS1'S FINANCIAL RECORDS WITH INPUT FORM MOMA PS1 DEPARTMENTS, AND COMPILED BY EXTERNAL TAX ADVISERS. IT IS THEN REVIEWED BY MOMA PS1 SENIOR STAFF INCLUDING THE DIRECTOR AND CHIEF OPERATING OFFICER. THE 990 IS THEN PRESENTED TO MOMA PS1'S AUDIT COMMITTEE OF THE BOARD OF DIRECTORS FOR REVIEW AND COMMENT. A COPY OF THE 990 IS PROVIDED TO EACH MEMBER OF THE BOARD OF DIRECTORS ELECTRONICALLY OR IN PRINTED COPY. FORM 990, PART VI, SECTION B, LINE 12C ON A PERIODIC BASIS, MOMA PS1 DISTRIBUTES ITS CODE OF CONDUCT TO ALL VOTING MEMBERS OF THE BOARD OF DIRECTORS AND DESIGNATED EMPLOYEES, AND REQUIRES THAT CONFLICT OF INTEREST QUESTIONNAIRES BE COMPLETED AND RETURNED FOR INITIAL REVIEW BY THE SECRETARY OF THE BOARD (FOR BOARD MEMBERS), AND CHIEF OPERATING OFFICER (FOR EMPLOYEES). AMONG OTHER THINGS, THE CODE OF CONDUCT AND CONFLICT OF INTEREST QUESTIONNAIRES REQUIRE THE RESPONDENT TO: CONFIRM THAT HE OR SHE HAS READ AND UNDERSTANDS THE CODE OF CONDUCT, AGREES TO ABIDE BY IT, IDENTIFY WHETHER HE OR SHE (OR A FAMILY MEMBER) HAS ANY RELATIONSHIP WITH MOMA PS1 THAT MAY REPRESENT A CONFLICT OF INTEREST, AS DEFINED BY THE CODE OF CONDUCT, AND REPORT ANY KNOWLEDGE OF A TRANSACTION WHICH SHOULD BE REPORTED UNDER THE CODE. WHEN POTENTIAL EMPLOYEE CONFLICTS OF INTEREST ARE REPORTED OR IDENTIFIED, WHEN NECESSARY, AN INVESTIGATION IS CONDUCTED TO DETERMINE THE FACTS AND CIRCUMSTANCES SURROUNDING THE CONFLICT, AND A RECOMMENDATION FOR ACTION IS MADE, IF WARRANTED. SUCH ACTION MAY INCLUDE, BUT IS NOT LIMITED TO, PROHIBITING THE INDIVIDUAL FROM PARTICIPATING IN DELIBERATIONS AND DECISIONS REGARDING THE TRANSACTION IN QUESTIONS, OR TAKING DISCIPLINARY ACTIONS, WHICH, IN APPROPRIATE CIRCUMSTANCES MAY INCLUDE SUSPENSION OR TERMINATION. THE EMPLOYEE'S SUPERVISOR IS NOTIFIED OF AN EMPLOYEE WITH IDENTIFIED CONFLICTS AND THE ACTION TO BE TAKEN, IF ANY. WHEN POTENTIAL DIRECTORS' CONFLICT OF INTEREST ARE REPORTED OR IDENTIFIED, THE SECRETARY TO THE BOARD OF DIRECTORS MAKES A REPORT TO A COMMITTEE OF THE BOARD. THE COMMITTEE WILL REVIEW THE REPORT IN ORDER TO DETERMINE A COURSE OF ACTION (IF WARRANTED), INCLUDING, BUT NOT LIMITED TO DISCLOSURE TO THE BOARD OF DIRECTORS, PROHIBITING THE INVOLVED DIRECTOR FROM PARTICIPATING IN AND/OR VOTING ON A TRANSACTION IN QUESTION, RESIGNATION FROM THE BOARD OF DIRECTORS, ETC. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR MOMA PS 1 OFFICERS IS REVIEWED ANNUALLY BY THE MOMA PS 1 EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 MOMA PS1'S GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 2C: THE AUDIT COMMITTEE ASSUMES THE RESPONSIBILITY FOR THE AUDIT. THE PROCESS HAS NOT CHANGED FROM PRIOR YEARS. THE MUSEUM OF MODERN ART 11 WEST 53RD STREET NEW YORK NY 10019 131624100 ART MUSEUM NY 501(C)(3) LINE 7 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 MUSEUM OF MODERN ART C 599190 MUSEUM OF MODERN ART M 797556