2014-05-15T12:18:48-05:00 2013-06-30 131655065 LUTZ AND CARR CPAS LLP 300 EAST 42ND STREET NEW YORK NY 10017 990 2012-07-01 237379091 PS 1 CONTEMPORARY ART CENTER INC PS1C 7187842084 46-01 21ST STREET LONG ISLAND CITY NY 11101 PETER KATZ 7187842084 2014-05-14 1 DONALD SHAEFITZ P00449034 2126972299 2012 2015-11-30 17:44:51Z MOMA PS1 AGNES GUND 46-01 21ST STREET LONG ISLAND CITY NY 11101 7810430 0 X WWW.MOMAPS1.ORG X 1971 NY TO PROVIDE STUDIO WORKPLACE FOR INTERNATIONAL CONTEMPORARY ARTISTS, AND TO SPONSOR EXHIBITIONS FOR CONTEMPORARY ARTISTS. 20 20 184 145 0 0 7205175 6216619 1122817 1501149 596 85 62366 12720 8390954 7730573 0 0 0 0 3153957 4293787 0 0 175250 2751945 5020540 5905902 9314327 2485052 -1583754 5918120 4626633 339213 631480 5578907 3995153 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 7093053 1501149 DURING FISCAL YEAR 2013, MOMA PS1 PRESENTED EXHIBITIONS AND PROGRAMMING SERVING OVER 185,000 VISITORS -- A RECORD FOR THE INSTITUTION. AMONG THESE OFFERINGS WAS MOMA PS1'S FIRST MULTI-VENUE EXHIBITION, "EXPO 1: NEW YORK," WHICH INCLUDED PROGRAMMING IN THE VW DOME 2 IN THE ROCKAWAYS, RANDOM INTERNATIONAL'S "RAIN ROOM" INSTALLED IN MIDTOWN MANHATTAN, AS WELL AS A RARE, BUILDING-WIDE INSTALLATION AT MOMA PS1'S LONG ISLAND CITY FACILITY. IN ADDITION TO THIS LANDMARK EXHIBITION, 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 IN A UNIQUE, ACCESSIBLE VENUE. OTHER EXHIBITION HIGHLIGHTS DURING FISCAL YEAR 2013 INCLUDED "CYPRIEN GAILLARD: THE CRYSTAL WORLD" (JANUARY 20-MARCH 18, 2013), "NOW DIG THIS! ART AND BLACK LOS ANGELES 1960-1980" (OCTOBER 21, 2012-MARCH 11, 2013),"HUMA BHABHA: UNNATURAL HISTORIES" (NOVEMBER 18, 2012-APRIL 1, 2013), "JEFF ELROD: NOBODY SEES LIKE US" (JANUARY 20-APRIL 1, 2013), AND "CONFETTISYSTEM: 100 ARRANGEMENTS" (JANUARY 20-MARCH 31, 2013). SPECIAL PERFORMANCE PROGRAMMING INCLUDED THE 15TH ANNIVERSARY OF THE WARM UP CURATED MUSIC SERIES, PRESENTING NEW AND GROUND-BREAKING MUSIC ALONGSIDE THE COURTYARD INSTALLATION OF THE YOUNG ARCHITECT PROGRAM PRIZE-WINNING DESIGN OF HWKN'S WENDY, AS WELL AS THE SECOND YEAR OF SUNDAY SESSIONS, A SERIES OF LECTURES, PERFORMANCES AND SCREENINGS IN MOMA PS1'S VW DOME.MOMA PS1 WAS FOUNDED IN 1971 BY ALANNA HEISS AS THE INSTITUTE FOR ART AND URBAN RESOURCES INC., AN ORGANIZATION DEVOTED TO ORGANIZING EXHIBITIONS IN UNDERUTILIZED AND ABANDONED SPACES ACROSS NEW YORK CITY. IN 1976, MOMA PS1 OPENED ITS FIRST MAJOR EXHIBITION IN ITS PERMANENT LOCATION IN LONG ISLAND CITY, QUEENS, WITH THE SEMINAL ROOMS EXHIBITION. AN INVITATION FOR ARTISTS TO TRANSFORM THE BUILDING'S UNIQUE SPACES, ROOMS ESTABLISHED THE MOMA PS1 TRADITION OF TRANSFORMING THE BUILDING'S SPACES INTO SITE-SPECIFIC ART THAT CONTINUES TODAY WITH LONG-TERM INSTALLATIONS BY JAMES TURRELL, KEITH SONNIER, RICHARD SERRA, LAWRENCE WEINER, AND OTHERS.FOR THE NEXT TWENTY YEARS, THE BUILDING WAS USED AS STUDIO,PERFORMANCE, AND EXHIBITION SPACES, IN SUPPORT OF ARTISTS FROM AROUND THE WORLD. AFTER A BUILDING-WIDE RENOVATION, MOMA PS1 REOPENED IN 1997, CONFIRMING ITS POSITION AS THE LEADING CONTEMPORARY ART CENTER IN NEW YORK. TRUE TO THE BUILDING'S HISTORY AND FORM, THE RENOVATION PRESERVED MUCH OF THE ORIGINAL ARCHITECTURE AS WELL AS MOST OF ITS UNIQUE CLASSROOM-SIZED GALLERIES.IN 2000, MOMA PS1 BECAME AN AFFILIATE OF THE MUSEUM OF MODERN ART TOEXTEND THE REACH OF BOTH INSTITUTIONS, AND COMBINE MOMA PS1'S CONTEMPORARY MISSION WITH MOMA'S STRENGTH AS ONE OF THE GREATESTCOLLECTING MUSEUMS OF MODERN ART. A TRUE ARTISTIC LABORATORY, MOMA PS1 ASPIRES TO MAINTAIN ITS DIVERSE AND INNOVATIVE ACTIVITIES TO CONTINUE TO BRING CONTEMPORARY ART TO INTERNATIONAL AUDIENCES. 7093053 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 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 73 0 1 184 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 JOHN C BAILEY CONTROLLER - MUSEUM OF MODERN ART 2127089801 11 WEST 53RD STREET NEW YORK NY 10019 AGNES GUND 1.00 X X 0 0 0 PHILIP E AARONS 1.00 X X 0 0 0 JOHN COMFORT 1.00 X X 0 0 0 RICHARD CHANG 1.00 X 0 0 0 DANA FAROUKI 1.00 X 0 0 0 LEX FENWICK 1.00 X 0 0 0 ADRIANA CISNEROS DE GRIFFIN 1.00 X 0 0 0 SUSAN HAYDEN 1.00 X 0 0 0 ADAM KIMMEL 1.00 X 0 0 0 SYDIE LANSING 1.00 X 0 0 0 JENNIFER MCSWEENEY 1.00 X 0 0 0 PETER NORTON 1.00 X 0 0 0 DIANA WIDMAIER PICASSO 1.00 X 0 0 0 SHEIKHA HOOR AL QASIMI 1.00 X 0 0 0 CINDY SHERMAN 1.00 X 0 0 0 TOM SLAUGHTER 1.00 X 0 0 0 JULIA STOSCHEK 1.00 X 0 0 0 BETH SWOFFORD 1.00 X 0 0 0 DAVID TEIGER 1.00 X 0 0 0 MICKALENE THOMAS 1.00 X 0 0 0 KLAUS BIESENBACH 40.00 X 287525 0 8109 PETER KATZ 40.00 X 176605 0 16650 PETER ELEEY 40.00 X 109404 0 6714 573534 0 31473 3 0 1 0 INTERNATIONAL PROTECTION GROUP LLC 481 8TH AVENUE SUITE 1570 NEW YORK NY 10001 BUILDING SECURITY 485443 1 1194418 669084 4353117 77560 6216619 ADMISSIONS 713990 1023171 1023171 SALES 713990 378595 378595 ART & CAFE COMMISSIONS 713990 62583 62583 LECTURES 713990 20500 20500 MEMBERSHIP 713990 16300 16300 1501149 85 85 11895 0 11895 11895 11895 79857 1194418 79857 0 MISCELLANEOUS 900099 825 825 825 7730573 1501149 0 12805 503897 227684 276213 3159093 2461024 595084 102985 125759 97730 23776 4253 173755 135568 32288 5899 331283 258474 61561 11248 27000 27000 118869 118869 177208 136376 40405 427 925065 799939 122716 2410 248609 173458 65234 9917 405509 405509 99857 37337 62520 CONTRACT SERVICES 2613868 2251771 324036 38061 ADMINISTRATIVE & OTHER 404555 394823 9682 50 9314327 7093053 2046024 175250 748582 307855 2902419 658390 885294 1494053 261929 1230616 3728289 2792570 1119896 935719 5918120 4626633 257042 478633 82171 152847 339213 631480 X 197094 213338 5299939 3699941 81874 81874 5578907 3995153 5918120 4626633 -1583754 0 X X 0 1 X 1 0 X 3506598 3174173 3393209 7205175 6216619 23495774 3506598 3174173 3393209 7205175 6216619 23495774 4350408 19145366 39006 65373 78570 62962 11980 257891 113032 43534 31847 64090 63408 315911 24069576 5089746 0.79540 0.80800 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 6111 0 0 6111 0 EXPLANATION OF LOBBYING ACTIVITIES: PART II-B, LINE 1: MOMA PS1'S LOBBYING ACTIVITIES CONSISTED OF SELECT STAFF MEMBERS ATTENDING MEETINGS WITH CITY COUNCIL MEMBERS TO DISCUSS FUNDING TO THE CULTURAL INSTITUTIONS GROUP. IN ADDITION, SOME EXPENSES RELATE TO OPENING EVENTS SURROUNDING THE VW DOME 2 IN THE ROCKAWAYS, WHERE CITY OFFICIALS WERE INVITED. 84933 84933 84933 84933 84933 6 -9 84933 84919 14 84933 84207 712 84919 0.96390 0.03610 0 0 3240400 2559665 680735 188928 143298 45630 298961 89607 209354 935719 SALARY - RELATED PAYABLES 152847 152847 X 7759750 29177 29177 7730573 0 7730573 9343504 29177 29177 9314327 0 9314327 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: MOMA PS1'S ENDOWMENT CONSISTS OF ONE DONOR-RESTRICTED FUND ESTABLISHED FOR A MEMORIAL ENDOWMENT FUND. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: 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 1274275 1194418 79857 54800 10057 15000 1274275 1194418 79857 54800 10057 15000 79857 0 1 THE MAYOR'S FUND TO ADVANCE NEW YORK CITY 253 BROADWAY - 8TH FLOOR NEW YORK NY 10007 133783906 501C(3) 5149 HURRICANE SANDY RELIEF ROCKAWAY WATERFRONT ALLIANCE PO BOX 900645 FAR ROCKAWAY NY 11690 113783397 501C(3) 12000 PROGRAMMATIC FUNDING INCLUDING PROGRAMMING FOR VW DOME 2 2 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: IT IS NOT USUAL THAT MOMA PS1 MAKES GRANTS TO OTHER ORGANIZATIONS. HOWEVER, IN THE FALL OF 2012, AS MANY ORGANIZATIONS DID, MOMA PS1 RESPONDED TO THE PARTICULAR NEEDS OF THE NEW YORK METROPOLITAN AREA (AND SPECIFICALLY OUR NEIGHBORING QUEENS COMMUNITY OF THE ROCKAWAYS) THAT WERE BROUGHT FORTH BY HURRICANE SANDY. MOMA PS1'S INTEREST IN AIDING THE REVITALIZATION OF THE ROCKAWAYS WAS NOT ONLY ROOTED IN THE REGION'S PROXIMITY TO OUR NEIGHBORHOOD, BUT ALSO IN THAT THE ROCKAWAYS SERVE AS A HAVEN FOR THE ARTISTS AND THE CREATIVE COMMUNITY OF NEW YORK. THIS WAS A NATURAL AREA TO WANT TO BRING ATTENTION TO -- AS MOMA PS1 CONTINUES TO BE AN INSTITUTION INTIMATELY TIED TO THE COMMUNITY OF ARTISTS PRACTICING AT THIS MOMENT IN TIME. IN ORDER TO RAISE AWARENESS ABOUT THE NEEDS OF THE ROCKAWAYS FOLLOWING HURRICAINE SANDY, AND IN ORDER TO SUPPORT THE RECOVERY EFFORTS, MOMA PS1 HOSTED TWO TICKETED EVENTS IN DECEMBER, 2012, THE PROCEEDS OF WHICH WERE GRANTED TO TWO ORGANIZATIONS: THE MAYOR'S FUND TO ADVANCE NEW YORK CITY AND THE ROCKAWAY WATERFRONT ALLIANCE. MOMA PS1 FURTHER PARTNERED WITH THE ROCKAWAY WATERFRONT ALLIANCE TO USE THE FUNDS GRANTED TO SUPPORT PROGRAMMING ORGANIZED BY THE RWA AND HOSTED IN THE VW DOME 2: A TEMPORARY STRUCTURE SERVING AS AN ARTISTIC COMMUNITY CENTER, ERECTED ON BEACH 94 STREET, AS PART OF THE EXHIBITION "EXPO 1: NEW YORK." 1 X X X 0 0 0 0 0 0 0 0 0 KLAUS BIESENBACH 287525 0 0 0 0 0 433 0 7676 0 295634 0 0 0 PETER KATZ 176605 0 0 0 0 0 155 0 16495 0 193255 0 0 0 X 2 77560 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 PS1'S FORM 990 IS GENERATED FROM PS1'S FINANCIAL RECORDS WITH INPUT FROM PS1 DEPARTMENTS AND COMPILED BY EXTERNAL TAX ADVISERS. IT IS THEN REVIEWED BY PS1 SENIOR STAFF INCLUDING THE DIRECTOR AND THE CHIEF ADMINISTRATIVE OFFICER. THE 990 IS THEN PRESENTED TO PS1'S FINANCE 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 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL 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 TRANSACTIONS 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 MOMA PS 1 COMPENSATION IS REVIEWED ANNUALLY BY THE MOMA PS 1 FINANCE 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 FINANCE 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 1067150 MUSEUM OF MODERN ART M 705040