2013-05-15T09:46:45-05:00 2012-06-30 131655065 LUTZ AND CARR CPAS LLP 300 EAST 42ND STREET NEW YORK NY 10017 990 2011-07-01 237379091 PS 1 CONTEMPORARY ART CENTER INC PS1C 7187842084 46-01 21ST STREET LONG ISLAND CITY NY 11101 PETER KATZ 7187842084 2013-05-14 1 DONALD SHAEFITZ P00449034 2126972299 2011 2016-02-24 21:20:13Z MOMA PS1 AGNES GUND 46-01 21ST STREET LONG ISLAND CITY NY 11101 8455962 0 X WWW.MOMAPS1.ORG X 1971 NY TO PROVIDE STUDIO WORKPLACE FOR INTERNATIONAL CONTEMPORARY ARTISTS, AND TO SPONSOR EXHIBITIONS FOR CONTEMPORARY ARTISTS. 18 18 137 70 0 0 3393209 7205175 1053349 1122817 324 596 110093 62366 4556975 8390954 0 0 0 0 2373298 3153957 0 0 233974 2090760 2751945 4464058 5905902 92917 2485052 3540466 5918120 446611 339213 3093855 5578907 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 3956717 1122817 MOMA PS1 IS ONE OF THE OLDEST AND LARGEST NON-PROFIT CONTEMPORARY ART INSTITUTIONS IN THE UNITED STATES. 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 AND WELCOMING ENVIRONMENT IN WHICH VISITORS CAN DISCOVER AND EXPLORE THE WORK OF CONTEMPORARY ARTISTS. MOMA PS1 PRESENTS OVER 50 EXHIBITIONS EACH YEAR, INCLUDING ARTISTS' RETROSPECTIVES, SITE-SPECIFIC INSTALLATIONS, HISTORICAL SURVEYS, ARTS FROM ACROSS THE UNITED STATES AND THE WORLD, AND A FULL SCHEDULE OF MUSIC AND PERFORMANCE PROGRAMMING. 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 TO EXTEND THE REACH OF BOTH INSTITUTIONS, AND COMBINE MOMA PS1'S CONTEMPORARY MISSION WITH MOMA'S STRENGTH AS ONE OF THE GREATEST COLLECTING MUSEUMS OF MODERN ART. MOMA PROVIDES MANAGEMENT ASSISTANCE AND SERVICE TO MOMA PS1 IN CERTAIN AREAS, INCLUDING ACCOUNTING AND PAYROLL, FUNDRAISING AND DEVELOPMENT, COORDINATION OF MOMA PS1'S INFORMATION TECHNOLOGY, INSURANCE AND LEGAL AFFAIRS. MOMA ADDITIONALLY PROVIDES OPERATIONAL SUPPORT TO MOMA PS1 IN THE FORM OF CASH CONTRIBUTIONS. MOMA PS1 IS A SEPERATE CORPORATE ENTITY AND IS A SUPPORT CORPORATION OF MOMA, WITH MOMA AS ITS SOLE CORPORATE MEMBER. MOMA HAS THE RIGHT TO APPOINT ALL MEMBERS OF THE MOMA PS1 BOARD OF DIRECTORS.A TRUE ARTISTIC LABORATORY, MOMA PS1 ASPIRES TO MAINTAIN ITS DIVERSE AND INNOVATIVE ACTIVITIES TO CONTINUE TO BRING CONTEMPORARY ART TO INTERNATIONAL AUDIENCES. 3956717 1 1 0 0 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 0 0 0 0 1 77 0 1 137 1 0 0 0 0 0 1 1 0 0 0 0 X 18 18 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 J CHRISTOPHER DALY 1.00 X 0 0 0 DANA FAROUKI 1.00 X 0 0 0 LEX FENWICK 1.00 X 0 0 0 SYDIE LANSING 1.00 X 0 0 0 PETER NORTON 1.00 X 0 0 0 TOM SLAUGHTER 1.00 X 0 0 0 BETH SWOFFORD 1.00 X 0 0 0 DAVID TEIGER 1.00 X 0 0 0 RICHARD CHANG 1.00 X 0 0 0 ADAM KIMMEL 1.00 X 0 0 0 DIANA PICASSO 1.00 X 0 0 0 HOOR AL QUASIMI 1.00 X 0 0 0 LAURIE ANDERSON 1.00 X 0 0 0 PAUL CHAN 1.00 X 0 0 0 ADRIANA CISNEROS DE GRIFFIN 1.00 X 0 0 0 TODD BISHOP 10.00 X X 0 196157 61638 SUSAN HAYDEN 1.00 X 0 0 0 JENNIFER MCSWEENEY 1.00 X 0 0 0 JULIA STOSCHEK 1.00 X 0 0 0 KLAUS BIESENBACH 40.00 X 252623 0 22069 PETER KATZ 40.00 X 73708 0 16542 326331 196157 100249 1 0 1 0 INTERNATIONAL PROTECTION GROUP LLC SOUTH GRAND AVENUE LOS ANGELES CA 90012 BUILDING SECURITY 396058 HOLLWICH KUSHNER LLC 281 5TH AVENUE NEW YORK NY 10016 ARCHITECTURAL 103000 2 837742 680177 5687256 190970 7205175 ADMISSIONS 713990 785662 785662 SALES 713990 273135 273135 ART & CAFE COMMISSIONS 713990 59020 59020 TOURING 561520 5000 5000 1122817 596 596 62366 0 62366 62366 62366 65008 837742 65008 0 8390954 1122817 0 62962 480894 144842 336052 2203097 1679329 368301 155467 101232 68802 26566 5864 150458 102259 39484 8715 218276 148351 57282 12643 26000 26000 123085 93414 28437 1234 530849 433141 97671 37 239088 162614 74038 2436 360705 360705 93014 18141 74873 CONTRACT SERVICES 846071 584537 213956 47578 ADMINISTRATIVE & OTHER 533133 521287 11846 5905902 3956717 1715211 233974 514349 748582 775668 2902419 452734 885294 406347 261929 3506957 2387061 1391368 1119896 3540466 5918120 278757 257042 167854 82171 446611 339213 X 99058 197094 2912923 5299939 81874 81874 3093855 5578907 3540466 5918120 2485052 0 X X 0 1 1 X 0 X 3946668 3506598 3174173 3393209 7205175 21225823 3946668 3506598 3174173 3393209 7205175 21225823 3509781 17716042 41246 39006 65373 78570 62962 287157 54412 113032 43534 31847 64090 306915 21819895 4522039 0.81190 0.89220 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 84933 0 84933 84933 6 -9 84933 84919 14 84933 84207 712 84919 0.96390 0.03610 0 0 3185600 2240600 945000 177384 117904 59480 143973 28557 115416 1119896 SALARY - RELATED PAYABLES 82171 82171 8390954 5905902 2485052 2485052 8418531 27577 27577 8390954 0 8390954 5933479 27577 27577 5905902 0 5905902 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: 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. MOMA PS1'S TAX RETURNS FOR YEARS PRIOR TO 2009 ARE GENERALLY NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. BENEFIT GALA 902750 837742 65008 57213 7795 902750 837742 65008 57213 7795 65008 0 X X X X 0 0 0 0 0 0 0 0 0 TODD BISHOP 0 195886 0 0 0 271 0 32892 0 28746 0 257795 0 61638 KLAUS BIESENBACH 252623 0 0 0 0 0 12807 0 9262 0 274692 0 0 0 X 4 190970 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 FROM MOMA PS1 DEPARTMENTS AND COMPILED BY EXTERNAL TAX ADVISERS. IT IS THEN REVIEWED BY MOMA PS1 SENIOR STAFF INCLUDING THE DIRECTOR AND THE CHIEF ADMINISTRATIVE OFFICER. THE 990 IS THEN PRESENTED TO MOMA 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. 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 TO THE BOARD FOR BOARD MEMBERS, AND CHIEF ADMINISTRATIVE OFFICER FOR EMPLOYEES. AMONGST OTHER THINGS, THE CODE OF CONDUCT AND CONFLICT OF INTEREST QUESTIONNAIRE REQUIRES THE RESPONDER 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 AND REPORT ANY KNOWLEDGE OF A TRANSACTION WHICH SHOULD BE REPORTED UNDER THE CODE, ETC. WHEN POTENTIAL EMPLOYEE CONFLICTS OF INTEREST ARE REPORTED OR IDENTIFIED, WHEN NECESSARY, AN INVESTIGATION IS CONDUCTED TO DETERMINE THE FACTS AND CIRCUMSTANCES AND FOR RECOMMENDATION OF ACTION, IF WARRANTED. SUCH ACTION MAY INCLUDE BUT IS NOT LIMITED TO PROHIBITING THE INDIVIDUAL FROM PARTICIPATING IN DELIBERATIONS AND DECISIONS REGARDING THE TRANSACTION IN QUESTION, OR TAKING DISCIPLINARY ACTION 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 CONFLICTS OF INTEREST ARE REPORTED OR IDENTIFIED, THE SECRETARY TO THE BOARD MAKES A REPORT TO A COMMITTEE OF THE BOARD OF DIRECTORS. 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 THE TRANSACTION IN QUESTION, RESIGNATION FROM THE BOARD OF DIRECTORS, ETC. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR MOMA PS1 OFFICERS IS REVIEWED PERIODICALLY BY THE MOMA PS1 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 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 1 0 0 0 0 0 0 MUSEUM OF MODERN ART C 874172 MUSEUM OF MODERN ART L 723515