2012-05-14T15:51:39-05:00 2011-06-30 KPMG LLP 345 Park Avenue New York NY 101540102 990 2010-07-01 134172481 LINCOLN CENTER DEVELOPMENT PROJECT INC LINC 2128755858 1865 BROADWAY NEW YORK NY 10023 RONALD AUSTIN 2012-05-14 true 2127589700 2010 2016-02-24 21:20:13Z RONALD AUSTIN EXEC DIRECTOR C/O LCDP 1865 BROADWAY NEW YORK NY 10023 33136323 false X N/A X 2001 NY TO IMPLEMENT AND OVERSEE THE COMPREHENSIVE RECONSTRUCTION, RENOVATION, MODERNIZATION, AND POSSIBLY RECONFIGURATION, OF THE LINCOLN CENTER FOR THE PERFORMING ARTS COMPLEX, WHICH IS LOCATED IN NEW YORK CITY, NY. 3 3 22 1 0 0 161277387 33136323 0 0 0 0 0 0 161277387 33136323 0 0 0 0 2833273 1970388 0 0 0 158385455 31402440 161218728 33372828 58659 -236505 97896068 7898572 97137958 7376967 758110 521605 X SEE SCHEDULE O false true 30885742 ALL ACTIVITIES OF THE CORPORATION FURTHER THE EXEMPT AND CHARITABLE PURPOSE OF THE CORPORATION BY PROVIDING THE LINCOLN CENTER CONSTITUENT ORGANIZATIONS, ALL OF WHICH ARE TAX-EXEMPT PERFORMING ARTS ORGANIZATIONS DESCRIBED IN SECTION 501(c)(3) OF THE INTERNAL REVENUE CODE, WITH FINANCIAL, PROFESSIONAL, AND OTHER ASSISTANCE IN ERECTING, RECONSTRUCTING, RENOVATING, MODERNIZING, AND RECONFIGURING BUILDINGS OPEN TO THE PUBLIC FOR PUBLIC EXPOSITIONS AND CULTURAL ACTIVITIES. SEE SCHEDULE O. 30885742 true true false false false false false false false true false false false true true true true false false false false false false false false false false false true false false false false false false false false false false false false false true false false false false true 29 0 true 22 false false false false false false false false false false X 3 3 false false false false true true true true true false false true true true true true true true true false NY X LESLEY ROSENTHAL 2128755858 1865 BROADWAY 11TH FLOOR NEW YORK NY 10023 DANIEL BRODSKY 2.0 X 0 0 0 PHILIP MILSTEIN 2.0 X 0 0 0 BART FRIEDMAN 2.0 X 0 0 0 DINYAR DEVITRE 2.0 X 0 0 0 PETER L MALKIN 2.0 X 0 0 0 RONALD AUSTIN 40.0 X 561504 0 57110 TEREA HEBERT 40.0 X 318743 0 27357 PETER FLAMM 40.0 X 219100 0 42859 ANDREW C LUNETTA 40.0 X 149553 0 5084 JOHN MADDEN 40.0 X 242045 0 58341 JOSEPH PEPE 40.0 X 154294 0 43315 DANIEL WATSON 40.0 X 164210 0 47705 KAREN SHAFER 40.0 X 158334 0 72947 1967783 0 354718 8 false true false TURNER CONTRUCTION COMPANY 375 HUDSON STREET NEW YORK NY 10021 CONSTRUCTION MGT 89664202 RCDOLNER LLC 15-17 EAST 15 STREET NEW YORK NY 10003 GENERAL CONTRACTING 44447322 COMMODORE CONSTRUCTION CORP 230 SOUTH 5TH AVENUE MOUNT VERNON NY 10550 CONSTRUCTION 10459689 NORTH AMERICAN THEATRIX 60 INDUSTRIAL DRIVE SOUTHINGTON CT 06489 AUDIO/VIDEO CONTRACT 3190726 ELECTROSONIC SYSTEMS INC 10320 BREN ROAD EAST MINNETONKA MN 55343 ELECTRONICS MFG 2780319 45 30312400 2823923 33136323 0 0 0 0 0 0 0 0 0 0 33136323 0 0 0 0 0 1394333 575162 819171 0 316970 130750 186220 47514 19600 27914 129255 53318 75937 82316 33956 48360 117321 48395 68926 13382 5520 7862 106250 43828 62422 0 0 0 759 313 446 -2689 -1109 -1580 161103 66455 94648 8563 3532 5031 0 644798 265979 378819 15032 6201 8831 0 9388 3873 5515 0 0 0 134787 55600 79187 127723 52686 75037 REDEVELOPMENT PROJECT EXP 29139437 29139437 GENERAL EXPENSES 925922 381972 543950 DUES & SUBSCRIPTIONS 664 274 390 33372828 30885742 2487086 0 757526 576226 95971708 6979834 71650 0 827797 664281 298303 163516 796881 178996 97896068 7898572 29579722 6301213 67558236 1075754 97137958 7376967 X 758110 521605 758110 521605 97896068 7898572 -236505 X false true true X true true X 136039352 197482772 256632065 161277387 33136323 784567899 136039352 197482772 256632065 161277387 33136323 784567899 784567899 784567899 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 298701 244595 54106 347955 280460 67495 181141 139226 41915 163516 0 DUE TO LINCOLN CENTER FOR THE 1075754 1075754 33136323 33372828 -236505 -236505 33136323 33136323 33136323 33372828 33372828 33372828 UNCERTAIN TAX POSITIONS SCHEDULE D, PART X, LINE 2 EFFECTIVE NOVEMBER 3, 2005, LCDP WAS NOTIFIED BY THE IRS THAT ITS STATUS IS A PUBLIC CHARITY AND IT WILL CONTINUE TO BE CLASSIFIED AS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THIS STATUS REMAINS IN PLACE AND LCDP MANAGEMENT BELIEVES THAT NO SIGNIFICANT UNCERTAIN TAX POSITIONS HAVE BEEN TAKEN. X true true X X X true false false false false false false false false RONALD AUSTIN 302538 0 90000 0 168966 0 32041 0 26806 0 620351 0 0 0 TEREA HEBERT 318323 0 0 0 420 0 20210 0 8884 0 347837 0 0 0 PETER FLAMM 218722 0 0 0 378 0 23789 0 21735 0 264624 0 0 0 ANDREW C LUNETTA 149553 0 0 0 0 0 5084 0 1737 0 156374 0 0 0 JOHN MADDEN 149561 0 0 0 92484 0 39826 0 20252 0 302123 0 0 0 JOSEPH PEPE 46838 0 0 0 107456 0 25631 0 20102 0 200027 0 0 0 DANIEL WATSON 163704 0 0 0 506 0 28636 0 20806 0 213652 0 0 0 KAREN SHAFER 156236 0 0 0 2098 0 65299 0 9385 0 233018 0 0 0 FORM 990, SCHEDULE J DISCLOSURE REGARDING PAYROLL ADMINISTRATION LINCOLN CENTER DEVELOPMENT PROJECT'S (LCDP) PAYROLL IS ADMINISTERED BY LINCOLN CENTER FOR THE PERFORMING ARTS, A RELATED SECTION 501(c)(3) PUBLIC CHARITY, BUT LCDP PAYS FOR THE SALARIES AND BENEFITS. HOUSING ALLOWANCE SCHEDULE J, LINE 1A LCDP PAID ITS EXECUTIVE DIRECTOR, RONALD AUSTIN, $168,000 FOR EXPENSES RELATED TO MAINTAINING HIS RESIDENCE IN OHIO WHILE WORKING AT LINCOLN CENTER IN NEW YORK. THESE EXPENSES INCLUDE TRANSPORTATION TO AND FROM OHIO EACH WEEK, AND A HOUSING ALLOWANCE FOR THE TIME SPENT WORKING AT LINCOLN CENTER. SUCH PAYMENTS ARE TREATED AS TAXABLE INCOME AND WERE INCLUDED IN MR. AUSTIN'S FORM W-2. SEVERANCE PAYMENT SCHEDULE J, PART I, LINE 4A JOHN MADDEN - $77,250 SEVERANCE PAY JOSEPH PEPE - $94,453 SEVERANCE PAY ORGANIZATION'S MISSION FORM 990, PART III, LINE 1 THE PURPOSE OF THE LINCOLN CENTER DEVELOPMENT PROJECT, INC. (LCDP) IS TO IMPLEMENT AND OVERSEE, FOR CHARITABLE PURPOSES, THE COMPREHENSIVE RECONSTRUCTION, RENOVATION, MODERNIZATION, AND RECONFIGURATION, OF THE LINCOLN CENTER FOR THE PERFORMING ARTS COMPLEX (THE "CAMPUS"), WHICH IS LOCATED ON THE UPPER WEST SIDE OF MANHATTAN, IN NEW YORK CITY, NEW YORK (SUCH RECONSTRUCTION, RENOVATION, MODERNIZATION, AND RECONFIGURATION ARE REFERRED TO AS THE "REDEVELOPMENT PROJECTS"). THE CAMPUS IS A COMPLEX OF BUILDINGS AND PERFORMANCE FACILITIES HOUSING A UNIQUE AND DIVERSE FAMILY OF PERFORMING AND EDUCATIONAL ORGANIZATIONS (KNOWN AS THE "CONSTITUENT ORGANIZATIONS"), VITAL TO THE CULTURAL LIFE OF NEW YORK CITY. ALL OF THE CONSTITUENT ORGANIZATIONS ARE RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS TAX-EXEMPT PUBLIC CHARITIES UNDER SECTION 501(C)(3). ALL OF LCDP'S ACTIVITIES FURTHER ITS TAX-EXEMPT AND CHARITABLE PURPOSE BY PROVIDING THE CONSTITUENT ORGANIZATIONS WITH FINANCIAL, PROFESSIONAL, AND OTHER ASSISTANCE IN ERECTING, RECONSTRUCTING, RENOVATING, MODERNIZING, RECONFIGURING BUILDINGS AND RECONFIGURING BUILDINGS OPEN TO THE PUBLIC FOR PUBLIC EXPOSITIONS AND CULTURAL ACTIVITIES. THE REDEVELOPMENT PROJECTS CONSIST OF THE FOLLOWING PROJECTS: THE 65TH STREET PROJECT INCLUDES: - A 39,000-SQUARE-FOOT EXPANSION OF THE JUILLIARD SCHOOL; - AWARD-WINNING RECONSTRUCTION OF ALICE TULLY HALL, INCLUDING A SOARING GLASS GRAND FOYER AND OPEN PUBLIC SPACE AND STATE-OF THE-ART PERFORMANCE CAPABILITIES AND EXPANDED ARTIST FACILITIES; - THE NEW 21,000-SQUARE-FOOT ELINOR BUNIN-MUNROE FILM CENTER OF THE FILM SOCIETY OF LINCOLN CENTER, A STATE-OF-THE-ART FILM PRESENTATION AND EDUCATION COMPLEX, WITH A 90-FOOT STREET LEVEL PRESENCE ON THE SOUTH SIDE OF WEST 65TH STREET, A NEW 150-SEAT THEATER AND A NEW 90-SEAT SCREENING ROOM, AS WELL AS AN AMPHITHEATER-STYLE PUBLIC SPACE FOR LECTURES, SYMPOSIA, AND OTHER EDUCATIONAL ACTIVITIES; - RECONFIGURATION OF WEST 65TH STREET BETWEEN BROADWAY AND AMSTERDAM AS A "STREET OF THE ARTS", INCLUDING NARROWING THE STREET BY ELIMINATING ONE CAR LANE AND EXPANDING THE SIDEWALKS TO CREATE A SAFER PEDESTRIAN THOROUGHFARE; - RENOVATION OF THE UNDERGROUND CONCOURSE WITH NEW LIGHTING, SIGNAGE AND RECONFIGURED GARAGE ENTRANCES AND EXITS; - IN THE NORTH PLAZA, A GRAND STAIRCASE AT WEST 65TH STREET WIDENED TO 55 FEET; AN ILLUMINATION LAWN SLOPING TOWARD THE NORTH PLAZA REFLECTING POOL OVER A NEW SIGNATURE RESTAURANT FUSING LANDSCAPE AND ARCHITECTURE; AN ELONGATED AND REFITTED REFLECTING POOL WITH ITS HENRY MOORE SCULPTURE; - THE NEW BARCLAYS CAPITAL GROVE, FILLED WITH 30 LONDON PLANE TREES; - A PLANNED PLAZA-LEVEL MALKIN FOOTBRIDGE SPANNING 65TH STREET, OFFERING AN ADDITIONAL WAY TO TRAVEL BETWEEN THE NORTH AND SOUTH SIDES OF THE CAMPUS; AND - REDESIGNED ACCESS TO THE ROSE BUILDING ENTRANCE ON WEST 65TH STREET, WITH THE ADDITION OF A NEW STAIRCASE AND ESCALATORS. THE PROMENADE PROJECT INCLUDES: - FULL RESTORATION OF JOSIE ROBERTSON PLAZA'S PATTERNED MASONRY AND NEW WAYFINDING SIGNAGE; - A REVITALIZED REVSON FOUNTAIN GIVING THE APPEARANCE OF A FLOATING GRANITE RING, OPENING VIEWS ACROSS THE PLAZA IN ALL DIRECTIONS AND WITH SPECIAL NOZZLES AND LIGHTING SYSTEMS ALLOWING FOR A MULTITUDE OF SPECIAL-EFFECT WATER AND LIGHT CONFIGURATIONS; - A NEW 170-FOOT WIDE GRAND STAIR ENABLING VISITORS ARRIVING BY CAR TO DISEMBARK CURBSIDE FROM COLUMBUS AVENUE AND WALK DIRECTLY UP THE NEW STAIRS ONTO JOSIE ROBERTSON PLAZA, FLANKED BY TWIN RAMPS OFFERING ADDITIONAL ADA ACCESSIBLE ENTRY AND WEATHER-PROTECTED BY SLEEK GLASS CANOPIES PROJECTING DRAMATICALLY FROM THE ARCADES OF AVERY FISHER HALL AND THE DAVID H. KOCH THEATER; - A NEW SERVICE ROAD FROM 65TH STREET AND COLUMBUS AVENUE DROPPED BELOW THE STREET TO THE CONCOURSE LEVEL TO A COVERED ENTRANCE SHAPED BY THE NEW GRAND STAIR ABOVE AND NEW ENTRANCE TO THE SUBWAY; AND - THE NEW CHARLES B. BENENSON GROVE AT 62ND STREET, CREATING NEW GREEN SPACE ADJACENT TO THE DAVID H. KOCH THEATER. AS OF MARCH 2012, LCDP IS 99% COMPLETE WITH THE REDEVELOPMENT PROJECTS. CHANGES IN PROGRAM SERVICES FORM 990, PART III, LINE 3 LCDP'S AMBITIOUS PLAN TO TRANSFORM ITS PHYSICAL CAMPUS, MOST NOTABLY, THE TRANSFORMATION OF ALICE TULLY HALL, THE UPGRADING OF THE PUBLIC AREAS, INCLUDING THE ADDITION OF NEW GREEN SPACES, THE CREATION OF A NEW POPULAR COMMUNITY AND PERFORMANCE VENUE, AND THE REDESIGN OF LINCOLN CENTER'S MAIN ENTRANCEWAY WAS BROUGHT TO COMPLETION IN FY2011. ALL OF THESE NEW COMPONENTS WERE PUT IN SERVICE TO RAVE REVIEWS AND AN OVERALL UPTICK IN ATTENDEES WAS EXPERIENCED. AS A RESULT, AS THE YEAR EVOLVED, CONTRIBUTION RELATED EXPENSES TAPERED OFF. GOVERNING BODY AND MANAGEMENT FORM 990, PART VI, LINES 6, 7A AND 7B THERE ARE NO STOCKHOLDERS. THE BOARD IS A SINGLE MEMBER CORPORATION, WITH LINCOLN CENTER FOR THE PERFORMING ARTS, INC. AS ITS SOLE MEMBER, WITH A FOUR MEMBER BOARD OF DIRECTORS. THREE DIRECTORS ARE DESIGNATED BY LINCOLN CENTER FOR THE PERFORMING ARTS, INC., AND ONE DIRECTOR IS DESIGNATED BY THE CITY OF NEW YORK. MEMBERS HAVE THE GENERAL POWER TO CONTROL AND MANAGE THE AFFAIRS AND PROPERTY OF LCDP AND ADOPT RULES AND REGULATIONS GOVERNING ITS ACTIONS. FORM 990 REVIEW FORM 990, PART VI, LINE 11B LCDP'S FORM 990 IS PREPARED BY ITS INDEPENDENT ACCOUNTING FIRM WITH DATA PROVIDED BY ITS FINANCE DEPARTMENT. WHEN LCDP'S STAFF AND ACCOUNTING FIRM APPROVE THE DRAFT RETURN, IT IS THEN PROVIDED TO THE AUDIT COMMITTEE FOR REVIEW AND APPROVAL. LCDP'S BOARD OF DIRECTORS HAS DELEGATED RESPONSIBILITY FOR REVIEWING FORM 990 TO THE AUDIT COMMITTEE. WHEN THE AUDIT COMMITTEE APPROVES THE FINAL DRAFT, A COPY IS PROVIDED TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. CONFLICT OF INTEREST POLICY FORM 990, PART VI, LINE 12C LCDP BOARD MEMBERS AND SENIOR STAFF ARE REQUIRED TO FILL OUT A CONFLICT OF INTEREST FORM EACH FISCAL YEAR TO CONFIRM THEIR COMPLIANCE WITH LCDP'S CONFLICT OF INTEREST POLICY. THE GENERAL COUNSEL REVIEWS ALL QUESTIONNAIRES AND DETERMINES TOGETHER WITH THE AUDIT COMMITTEE WHETHER A CONFLICT OF INTEREST IN FACT EXISTS. DURING THE JUNE 30, 2011 TAX YEAR, NO POTENTIAL NEW CONFLICTS WERE REPORTED. IN THE EVENT OF A POTENTIAL CONFLICT INVOLVING AN EXISTING OR ONGOING ACCOUNT, ARRANGEMENT, RELATIONSHIP OR TRANSACTION, THE AUDIT COMMITTEE OR THE BOARD REGULARLY EVALUATES THE BENEFITS AND APPROPRIATENESS OF THE ACCOUNT, ARRANGEMENT, RELATIONSHIP OR TRANSACTION TO ENSURE THAT IT HAS BEEN AND CONTINUES TO BE HANDLED WITHIN ACCEPTABLE STANDARDS OUTLINED IN THIS POLICY. COMPENSATION FORM 990, PART VI, LINES 15A AND 15B COMPENSATION TO LCDP'S EXECUTIVE DIRECTOR IS GOVERNED BY A CONTRACT EXECUTED IN 2007. IN DETERMINING THE EXECUTIVE DIRECTOR'S COMPENSATION, LCDP RELIED ON A 2006 STUDY BY TOWERS PERRIN (AN INDEPENDENT COMPENSATION CONSULTANT) COMMISSIONED BY LINCOLN CENTER FOR THE PERFORMING ARTS, INC. REGARDING EXECUTIVE COMPENSATION, AND ALSO OBTAINED INDUSTRY-WIDE COMPENSATION INFORMATION FOR PERSONS WITH SIMILAR RESPONSIBILITIES FROM ONE OF THE NATION'S LEADING REAL ESTATE AND CONSTRUCTION FIRMS. THE EXECUTIVE DIRECTOR IS INVOLVED IN ALL COMPENSATION DETERMINATIONS FOR LCDP'S OFFICERS. LCDP HAD NO EMPLOYEES WHO FELL WITHIN THE DEFINITION OF "KEY EMPLOYEES" DURING THE YEAR. COMPENSATION TO LCDP'S CHIEF FINANCIAL OFFICER IS DETERMINED WITH REFERENCE TO PUBLICLY AVAILABLE INFORMATION CONCERNING COMPENSATION PAID TO CHIEF FINANCIAL OFFICERS FOR SIMILARLY-SIZED U.S. COMPANIES. COMPENSATION TO LCDP'S GENERAL COUNSEL & SECRETARY WAS DETERMINED BY REFERENCE TO COMPENSATION FOR THE COMPARABLE POSITION AT LINCOLN CENTER FOR THE PERFORMING ARTS, INC., WHICH WAS IN TURN BASED ON A 2006 TOWERS PERRIN SURVEY. COMPENSATION FOR THE CHIEF OF STAFF AND CHIEF OPERATING OFFICER WAS DETERMINED BY THE EXECUTIVE DIRECTOR, BY REFERENCE TO COMPARABLE POSITIONS AT LINCOLN CENTER AND INDUSTRY-WIDE COMPENSATION INFORMATION FOR PERSONS WITH SIMILAR RESPONSIBILITIES. THE INDIVIDUALS INVOLVED IN ASSESSING AND DETERMINING COMPENSATION FOR THE EXECUTIVE DIRECTOR AND OFFICERS ARE NOT PERMITTED TO HAVE A CONFLICT OF INTEREST UNDER LCDP'S CONFLICT OF INTEREST POLICY. IN ADDITION, LCDP RETAINS RECORDS OF THE COMPENSATION PROCESS AND DECISIONS. THE EXECUTIVE DIRECTOR AND ALL OFFICERS' COMPENSATION IS APPROVED BY THE BOARD. AVERAGE HOURS PER WEEK DEVOTED TO RELATED ORGANIZATION FORM 990, PART VII, LINE 1, COLUMN (B) PHILIP MILSTEIN - 1 HR PER WEEK TO LINCOLN CENTER FOR THE PERFORMING ARTS BART FRIEDMAN - 3 HRS PER WEEK TO LINCOLN CENTER FOR THE PERFORMING ARTS DINYAR DEVITRE - 1 HR PER WEEK TO LINCOLN CENTER FOR THE PERFORMING ARTS PETER MALKIN - 4 HRS PER WEEK TO LINCOLN CENTER FOR THE PERFORMING ARTS AVAILABLE TO THE PUBLIC FORM 990, PART VI, LINE 19 LCDP MAKES ITS ANNUAL FINANCIAL STATEMENTS AND 990 AVAILABLE VIA THE ORGANIZATION'S WEBSITE. OTHER GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. LINCOLN CENTER FOR THE PERFORMING ARTS 70 LINCOLN CENTER PLAZA NEW YORK NY 10023 131847137 PERF. ARTS NY 501(C)(3) 7 NA false false true false false false false false false false false true true false false false false false LINCOLN CENTER FOR THE PERFORMING ARTS INC C 30312400 LINCOLN CENTER FOR THE PERFORMING ARTS INC L 924310